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Rockingham
6 Orchard Terrace
Listed by: Glorisell Ortega, View Real Estate Group, Selling Office: Churchill Properties, Listing Courtesy of Prime MLS
$381,000
● House - Off Market

6 Orchard Terrace

Salem, NH 03079
bedrooms
3 Beds
bathrooms
1 Bath
square feet
880 Ft²
$322,973
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Don't miss the chance to call this beautiful cozy ranch style home yours. With its lovely, landscaped yard, paved driveway, three bedrooms, and two inviting decks, it's the perfect place to create cherished memories with your loved ones. Join us at the open house and experience the beauty and charm of this remarkable property firsthand. Don't miss it! This gem won't be available for long! Showings will start at Open House. Saturday August 5, 2023 and Sunday August 6, 2023 from 12-2pm. See you then! OFFERS ARE DUE MONDAY 8/7 AT 5PM.
Unit Size
880 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$369
Property Type
House
Property Taxes
$392
HOA Dues
-
Year Built
1950

Payment Calculator (Computations Provided by RealtyHop)

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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 #4963728)

Price History

Date / Event Date Event Price
Sep 15, 2023 Sold
Premium
Sold
Aug 1, 2023 Listed by View Real Estate Group $325,000
Listed by View Real Estate Group
Oct 23, 2009 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 7
  • Basement Area: 840
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 880
  • Gross Building Area: 1,940
  • Building Area: 880
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 880
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000300
  • 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: RES

Geography

  • Parcel: SLEM M:71 B:3344 L:
  • Block: 3344
  • Municipality: SALEM
  • Latitude: 42.7951
  • Longitude: -71.2442

    Address

  • Full Address: 6 Orchard Ter
  • Address - House Number: 6
  • Address - Street Name: Orchard
  • Address - Suffix Type: Ter
  • State: NH
  • City Name: Salem
  • Carrier Code: C020
  • 4-Digit Zip Code: 6002
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $496,900

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 400,959
  • High Value: 480,386
  • Low Value: 321,533

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $293,000
  • Assessed Land Value: $149,800
  • Assessed Improvements Value: $143,200

    Sales

  • Current Sale Contract Date: Sep 14, 2023
  • Current Sale Recording Date: Sep 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 23027753
  • Previous Sale Recording Date: Oct 23, 2009
  • Previous Sale Amount: $195,000
  • 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 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

Rentals Near You

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Prime

Listed by: Glorisell Ortega, View Real Estate Group
Last Updated Date: 2023-09-18
Last Checked: 2 hours ago
Data Source: Prime MLS, MLS# 4963728
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 6 Orchard Terrace built and last sold?
The property at 6 Orchard Terrace was built in 1950 and last sold on Sep 14, 2023 for $380,000.
How much is this home worth?
The estimated value of the home located at 6 Orchard Terrace is $328,568.
What are some comparable homes to 6 Orchard Terrace?
There are currently no comparable homes to 6 Orchard Terrace.
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