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Rockingham
56 Pelham
Listed by: Adeline Matton, Aluxety, Cell: 978-884-5609, Selling Office: Coldwell Banker Realty Haverhill MA, Listing Courtesy of Prime MLS
$299,000
● House - Off Market

56 Pelham

Salem, NH 03079
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,082 Ft²
$1,935
Est. Monthly

About This Property

Attention investors, contractors, and cash buyers, opportunity awaits! This property is in need of a full renovation and is being sold As Is, As Seen. Conveniently located near Route 93, Tuscan Village, shopping, dining, and area amenities, this home offers excellent potential for those looking to bring their vision to life. The property is currently occupied, do not walk the property without an appointment. Oil boiler not working. Seller has electric wall units in place. Septic has had no backups but due to water table failed inspection previously, needs baffle. Basement gets water. No sign at property. Buyers/Buyers Agents do own Due Diligence. Showing by appt only.
Unit Size
1,082 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$276
Property Type
House
Property Taxes
$466
HOA Dues
-
Year Built
1930

Payment Calculator (Computations Provided by RealtyHop)

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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: 6 months ago (Prime MLS #5063953)

Price History

Date / Event Date Event Price
Oct 31, 2025 Sold
Premium
Sold
Oct 28, 2025 In contract -
In contract
Oct 2, 2025 Listed by Aluxety $299,000
Listed by Aluxety
Aug 29, 2007 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 776
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,988
  • Total Building Area: 1,082
  • Gross Building Area: 2,150
  • Building Area: 1,082
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,082
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000390
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM
  • Census Tract: 100301

Zoning

  • Zoning: RUR

Geography

  • Parcel: SLEM M:105 B:7721 L:
  • Block: 7721
  • Municipality: SALEM
  • Latitude: 42.7716
  • Longitude: -71.2581

    Address

  • Full Address: 56 Pelham Rd
  • Address - House Number: 56
  • Address - Street Name: Pelham
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Salem
  • Carrier Code: R004
  • 4-Digit Zip Code: 4811
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $539,200

    Appraisal Valuation

  • Standard Deviation: 0.1264
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 85
  • Final Value: 449,979
  • High Value: 506,870
  • Low Value: 393,087

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $317,900
  • Assessed Land Value: $154,900
  • Assessed Improvements Value: $163,000

    Sales

  • Current Sale Recording Date: Aug 29, 2007
  • Current Sale Price:
    Premium
  • Current 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 Rockingham

Stats & Trends

Median Asking:

$629,000

Sale Price/ft²

$253

Below Asking

0.01%

Average Days on Market

57

Average Home Size

3120 ft²

Average Home Age

47.4 years

Currently For Sale

767 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 58 Brady, Salem, 03079

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,751 ft²
58 Brady, Salem, 03079 Listing by Nancy Bilodeau

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Adeline Matton, Aluxety
Last Updated Date: 2025-10-31
Last Checked: 7 hours ago
Data Source: Prime MLS, MLS# 5063953
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 56 Pelham Road built and last sold?
The property at 56 Pelham Road was built in 1930 and last sold on Jan 1, 1970 for $215,000.
How much is this home worth?
The estimated value of the home located at 56 Pelham Road is $301,902.
What are some comparable homes to 56 Pelham Road?
There are currently no comparable homes to 56 Pelham Road.
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