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Rockingham
7 Independence Dr
Listed by: Mark McGinn, McGinn & Associates Realty, LLC, Selling Office: Coldwell Banker Realty Bedford NH, Listing Courtesy of Prime MLS
$294,300
● House - Off Market

7 Independence Dr

Salem, NH 03079
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,044 Ft²
$643,839
RealtyHop Estimate
114.68%
Since Aug 1, 2012
National-US
Primary Model

About This Property

Updated 11 room one of a kind Tudor in sought after Salem location. Four bedroom, two car attached garage with dictect entry into home. Custom eat in kitchen with breakfast bar, top of the line appliances, granite tops. Family room with fireplace, sunroom off kitchen still looks brand new. Formal living and dining rooms with gleaming hardwood floors. Finished lower level with two huge rooms and a 3/4 bath. A Truly great home.
Unit Size
3,044 Ft²
Days on Market
-
Land Size
1.30 acres
Price per sqft
$99
Property Type
House
Property Taxes
$549
HOA Dues
-
Year Built
1976

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: 3 years ago (Prime MLS #4138917)

Price History

Date / Event Date Event Price
Jul 2, 2012 Sold
Premium
Sold
Mar 7, 2012 Listed by McGinn & Associates Realty, LLC $299,900
Listed by McGinn & Associates Realty, LLC
Jul 2, 2007 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,168
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 56,628
  • Total Building Area: 2,064
  • Gross Building Area: 4,609
  • Building Area: 2,064
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 2,064
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001300
  • 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: RUR

Geography

  • Parcel: SLEM M:22 B:6293 L:
  • Block: 6293
  • Municipality: SALEM
  • Latitude: 42.8316
  • Longitude: -71.2134

    Address

  • Full Address: 7 Independence Dr
  • Address - House Number: 7
  • Address - Street Name: Independence
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: Salem
  • Carrier Code: R003
  • 4-Digit Zip Code: 1227
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $852,700

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 677,502
  • High Value: 794,415
  • Low Value: 560,589

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $502,800
  • Assessed Land Value: $220,300
  • Assessed Improvements Value: $282,500

    Sales

  • Current Sale Recording Date: Jul 02, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jul 02, 2007
  • Previous Sale Amount: $284,000
  • Previous Sale Document Type: 71

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
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:

$629,900

Sale Price/ft²

$253

Below Asking

0.01%

Average Days on Market

55

Average Home Size

3050 ft²

Average Home Age

48.1 years

Currently For Sale

761 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 30 Coburn, Salem, 03079

$3,250 /mo

  • 2 Beds
  • 1 Bath
  • 1,700 ft²
30 Coburn #2, Salem, 03079 Listing by Patricia McLaughlin

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Mark McGinn, McGinn & Associates Realty, LLC
Last Updated Date: 2022-07-03
Last Checked: 4 hours ago
Data Source: Prime MLS, MLS# 4138917
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 7 Independence Drive built and last sold?
The property at 7 Independence Drive was built in 1976 and last sold on Jan 1, 1970 for $294,300.
How much is this home worth?
The estimated value of the home located at 7 Independence Drive is $0.
What are some comparable homes to 7 Independence Drive?
There are currently no comparable homes to 7 Independence Drive.
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