Rockingham
71 #2 Wallis #2
Listed by: Tom Fabisak, Tom Fabisak Realty, Selling Office: Carey Giampa, LLC/Rye, Listing Courtesy of Prime MLS
$325,000
●
Condo -
Off Market
71 #2 Wallis #2
Rye, NH 03870
2 Beds
2 Baths,
1
Half Bath
1,184 Ft²
$701,488
RealtyHop Estimate
94.91%
Since Aug 1, 2013
National-US
Primary Model
About This Property
WOULDN'T YOU JUST LOVE TO LIVE within a short walk of Rye beach at
an affordable price!!! Sea Meadow Condominiums enclave of 5 units
of comfortable living near the sea. Custom built-ins, large, open
dining and living room warmed by a gas fireplace. Flooded with
natural ligh by it's SE exposure. Updated kitchen, upper deck
seasonal ocean views together with second lower deck. GARAGE and
additional storage. This unit is a rare find in desirable Rye.
Enclosed 3-season porch enlarges the living area by 100 SF. Grounds
are well landscaped. Now dressed in winter white spring, summer and
fall explode with color.
Unit Size
1,184 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$304
Property Type
Condo
Property Taxes
$360
HOA Dues
$250
Year Built
1988
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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 #4194992)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 5, 2013 | Sold | ||
| Sold | |||
| Oct 30, 2012 | Listed by Tom Fabisak Realty | $359,900 | |
| Listed by Tom Fabisak Realty | |||
Property Highlights
Garage
Parking Available
Fireplace
Parking Details
Has Garage
Parking Features: Auto Open, Assigned, Deeded, Driveway, Parking Spaces 2, Attached
Garage: 1 Spaces
Interior Details
Bedrooms: 2
Full Bathrooms: 1
Half Bathrooms: 1
Interior Features: Dining Area, Fireplace - Gas, Fireplaces - 1, Window Treatment, Laundry - 1st Floor
Appliances: Dishwasher, Dryer, Range - Electric, Refrigerator, Washer, Water Heater - Electric
Has Basement: Yes
Basement Features: Bulkhead, Storage Space, Sump Pump, Unfinished
Exterior Details
Road Frontage Length: 100
Construction Status: Existing
Construction Materials: Wood Frame, Clapboard Exterior
Construction Materials: Concrete
Roof: Shingle - Asphalt
Exterior Features: Trash, Balcony, Deck
Lot Features: Landscaped, Level
Lot Size Acres: 1
Lot Sqft: 43519
Financial Details
Taxes Gross Amount: $4,324
Utilities Details
Electric information: 100 Amp, Circuit Breaker(s)
Heating Type: Baseboard, Hot Water
Utilities for property: Cable
Sewer Features: Private
Water Source: Public
Location Details
Location: West on Wallis FROM Ocean Blvd - very short distance on Right.
Zoning Information: GRES
HOA Details
Association Fee2: $250
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/25/2022
|
2 Bed
|
2 Bath
|
1234 ft²
|
$650,000
2 Bed
2 Bath
1234 ft²
|
$675,000
+3.85%
07/08/2022
|
Kathy Walsh
RE/MAX Shoreline
| |
|
03/03/2021
|
2 Bed
|
2 Bath
|
1060 ft²
|
$495,000
2 Bed
2 Bath
1060 ft²
|
$525,000
+6.06%
04/15/2021
|
Mary Jean Labbe
Legacy Properties Sotheby's Int'l Realty
| |
|
02/21/2020
|
2 Bed
|
1 Bath
|
1060 ft²
|
$439,000
2 Bed
1 Bath
1060 ft²
|
$435,000
-0.91%
04/10/2020
|
Emil Uliano
Great Island Realty LLC
| |
|
09/04/2016
|
2 Bed
|
2 Bath
|
1060 ft²
|
$385,000
2 Bed
2 Bath
1060 ft²
|
$350,000
-9.09%
12/15/2016
|
Jamieson Duston
Bean Group / Portsmouth
| |
|
10/30/2012
|
2 Bed
|
2 Bath
|
1184 ft²
|
$359,900
2 Bed
2 Bath
1184 ft²
|
$325,000
-9.70%
07/05/2013
|
Tom Fabisak
Tom Fabisak Realty
|
Building Info
About Rockingham
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Listed by: Tom Fabisak, Tom Fabisak Realty
Last Updated Date: 2023-07-05
Last Checked: 1 hour ago
Data Source: Prime MLS, MLS# 4194992
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.
Last Updated Date: 2023-07-05
Last Checked: 1 hour ago
Data Source: Prime MLS, MLS# 4194992
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