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Rockingham
51 Shore Drive
Listed by: Kristin Reyes, Keller Williams Gateway Realty/Salem, Selling Office: Century 21 North East, Listing Courtesy of Prime MLS
$500,000
● House - Off Market

51 Shore Drive

Salem, NH 03079
bedrooms
2 Beds
bathrooms
0 Bath
square feet
792 Ft²
$560,839
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Picture yourself living lakeside this summer in a beautiful waterfront home on Arlington Mill Reservoir! This cabin has been well cared for by the same family for over 50 years! The rustic interior shines with its knotty pine & wood burning stove. Enjoy a coffee on the front porch or wrap-around deck, which both overlook your 50' of waterfront. Conveniently located just a couple of lots away from the shared beach access, this home is perfect for someone who wants to enjoy all that Arlington Mill Res has to offer! Use the shared boat launch for easy access to park at your personal boat dock. Fully recreational body of water. Don't miss out - showings start immediately!
Unit Size
792 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$707
Property Type
House
Property Taxes
$517
HOA Dues
-
Year Built
1940

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Prime MLS #4948360)

Price History

Date / Event Date Event Price
Jun 20, 2023 Sold
Premium
Sold
Apr 12, 2023 Listed by Keller Williams Gateway Realty/Salem $559,900
Listed by Keller Williams Gateway Realty/Salem

Property Highlights

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 26
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 792
  • Gross Building Area: 1,806
  • Building Area: 792
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 792
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM
  • Census Tract: 100100

Zoning

  • Zoning: REC

Geography

  • Parcel: SLEM M:21 B:4812 L:
  • Block: 4812
  • Municipality: SALEM
  • Latitude: 42.8322
  • Longitude: -71.2225

    Address

  • Full Address: 51 Shore Dr
  • Address - House Number: 51
  • Address - Street Name: Shore
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: Salem
  • Carrier Code: R006
  • 4-Digit Zip Code: 1318
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $660,600

    Appraisal Valuation

  • Standard Deviation: 0.0753
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 95
  • Final Value: 562,460
  • High Value: 604,867
  • Low Value: 520,052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $389,518
  • Assessed Land Value: $316,118
  • Assessed Improvements Value: $73,400
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Rockingham

Stats & Trends

Median Asking:

$625,000

Sale Price/ft²

$251

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2911 ft²

Average Home Age

49.2 years

Currently For Sale

1038 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Prime

Listed by: Kristin Reyes, Keller Williams Gateway Realty/Salem
Last Updated Date: 2023-06-21
Last Checked: 5 hours ago
Data Source: Prime MLS, MLS# 4948360
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 51 Shore Drive built and last sold?
The property at 51 Shore Drive was built in 1940 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 51 Shore Drive is $0.
What are some comparable homes to 51 Shore Drive?
There are currently no comparable homes to 51 Shore Drive.
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