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Franklin 03235
512 Salisbury Road
Listed by: Katie Tusi, Elm Grove Realty Lakes Region, Selling Office: Central Gold Key Realty, Listing Courtesy of Prime MLS
$235,000
● House - Off Market

512 Salisbury Road

Franklin, NH 03235
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,690 Ft²
$328,600
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Beautiful piece of property here! Looking for a gentleman's farm, a horse property with large pasture space, or even subdivision possibilities? Lots of opportunity with this 38.46 acre parcel that offers 1177+ feet on Route 127 & over 2500 feet on a Class VI road. Still in need of some updates and cosmetics but some big items have been completed. Recent metal roof, updated electrical, and the heating system and septic were replaced in 2006. The home itself offers 4 bedrooms & 1 bath. 2 of the bedrooms and bathroom are on the first level. Wood-stove located in the mudroom/enclosed porch entry for those who are looking for an alternative heat source. Horse lovers? Property has a 4 acre field & riding trails abutting. Many outbuildings for storage or animals!
Unit Size
1,690 Ft²
Days on Market
-
Land Size
38.46 acres
Price per sqft
$142
Property Type
House
Property Taxes
$334
HOA Dues
-
Year Built
1948

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #4787305)

Price History

Date / Event Date Event Price
Aug 21, 2020 Sold
Premium
Sold
Dec 5, 2019 Listed by Elm Grove Realty Lakes Region $239,900
Listed by Elm Grove Realty Lakes Region
Oct 2, 2006 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,675,318
  • Total Building Area: 2,495
  • Gross Building Area: 3,731
  • Building Area: 2,495
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,495
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000038460
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: M:044 B:401 L:; 1-FAM RES

Neighborhood

  • School District Name: Franklin School District
  • School Tax School District: FRANKLIN
  • Census Tract: 043001

Zoning

  • Zoning: C

Geography

  • District: FRKN
  • Parcel: FRKN M:044 B:401 L:
  • Block: 401
  • Municipality: FRANKLIN
  • Latitude: 43.4093
  • Longitude: -71.6874

    Address

  • Full Address: 512 Salisbury Rd
  • Address - House Number: 512
  • Address - Street Name: Salisbury
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Franklin
  • Carrier Code: R003
  • 4-Digit Zip Code: 2525
  • Zip Code: 03235

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $451,900

    Appraisal Valuation

  • Standard Deviation: 0.2042
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 343,842
  • High Value: 414,075
  • Low Value: 273,610

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $185,272
  • Assessed Land Value: $76,972
  • Assessed Improvements Value: $108,300

    Sales

  • Current Sale Contract Date: Aug 18, 2020
  • Current Sale Recording Date: Aug 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202000017778
  • Previous Sale Recording Date: Oct 02, 2006
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: 27
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 Franklin

Stats & Trends

Median Asking:

$369,900

Sale Price/ft²

$165

Below Asking

0.02%

Average Days on Market

78

Average Home Size

2931 ft²

Average Home Age

96.3 years

Currently For Sale

37 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

Unit for rent at 155 South Main, Franklin, 03235

$1,825 /mo

  • 2 Beds
  • 1 Bath
  • 8,015 ft²
155 South Main #2, Franklin, 03235 Listing by Vasilisa Alkova

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Katie Tusi, Elm Grove Realty Lakes Region
Last Updated Date: 2020-08-18
Last Checked: 5 hours ago
Data Source: Prime MLS, MLS# 4787305
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 512 Salisbury Road built and last sold?
The property at 512 Salisbury Road was built in 1948 and last sold on Aug 18, 2020 for $235,000.
How much is this home worth?
The estimated value of the home located at 512 Salisbury Road is $0.
What are some comparable homes to 512 Salisbury Road?
There are currently no comparable homes to 512 Salisbury Road.
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