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Rockingham
7 Loren Road
Listed by: Mary Thomas, Century 21 North East, Selling Office: RE/MAX Encore, Listing Courtesy of Prime MLS
$385,000
● House - Off Market

7 Loren Road

Salem, NH 03079
bedrooms
3 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
2,222 Ft²
$598,287
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

This 8 room 3 bedroom open concept split, is located in a beautiful neighborhood with town water and sewer just minutes from 93, schools, and the new up and coming Tuscan Village!  Completely renovated with updated electrical, plumbing, new heating and central AC.   Brand new kitchen, gleaming hardwood, tile and carpet throughout.  Lower level with huge bonus/family room, complete with half bath and laundry room.  Must see to appreciate the beauty of this newly renovated home. Set on a double corner lot.
Unit Size
2,222 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$178
Property Type
House
Property Taxes
$422
HOA Dues
-
Year Built
1972

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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 #4712089)

Price History

Date / Event Date Event Price
Oct 9, 2018 Sold
Premium
Sold
Aug 10, 2018 Listed by Century 21 North East $395,000
Listed by Century 21 North East
May 10, 2018 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 9
  • Basement Area: 816
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,553
  • Total Building Area: 1,466
  • Gross Building Area: 2,990
  • Building Area: 1,466
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,466
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000380
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM
  • Census Tract: 100401

Zoning

  • Zoning: RES

Geography

  • Parcel: SLEM M:90 B:877 L:
  • Block: 877
  • Municipality: SALEM
  • Latitude: 42.7817
  • Longitude: -71.2197

    Address

  • Full Address: 7 Loren Rd
  • Address - House Number: 7
  • Address - Street Name: Loren
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Salem
  • Carrier Code: C015
  • 4-Digit Zip Code: 3124
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $773,000

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 706,557
  • High Value: 836,381
  • Low Value: 576,733

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $455,800
  • Assessed Land Value: $162,000
  • Assessed Improvements Value: $293,800

    Sales

  • Current Sale Contract Date: Dec 14, 2022
  • Current Sale Recording Date: Dec 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 22051325
  • Previous Sale Recording Date: Oct 09, 2018
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: 71
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: Mary Thomas, Century 21 North East
Last Updated Date: 2018-10-09
Last Checked: -2 hour ago
Data Source: Prime MLS, MLS# 4712089
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 Loren Road built and last sold?
The property at 7 Loren Road was built in 1972 and last sold on Dec 14, 2022 for $930,000.
How much is this home worth?
The estimated value of the home located at 7 Loren Road is $0.
What are some comparable homes to 7 Loren Road?
There are currently no comparable homes to 7 Loren Road.
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