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Rockingham
72 grove Avenue
Listed by: Mark McGinn, McGinn & Associates Realty, LLC, Selling Office: BHHS Verani Bradford, Listing Courtesy of Prime MLS
$380,000
● House - Off Market

72 grove Avenue

Salem, NH 03079
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,648 Ft²
$557,504
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

Charming sun filled 6 room/ 3 bedroom Cape on just under a half acre of land Access to  Millville lake for your enjoyment if you join association. Master on the first level and two large bedrooms on the second floor. Living room with vaulted ceiling and skylights open to modern kitchen. 2 car garage with auto openers, finished lower level would make a cozy get away.
Unit Size
1,648 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$231
Property Type
House
Property Taxes
$506
HOA Dues
-
Year Built
2005

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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 #4750712)

Price History

Date / Event Date Event Price
Jul 12, 2019 Sold
Premium
Sold
May 10, 2019 Listed by McGinn & Associates Realty, LLC $379,900
Listed by McGinn & Associates Realty, LLC
Jun 27, 2005 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 408
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,473
  • Total Building Area: 1,498
  • Gross Building Area: 2,800
  • Building Area: 1,498
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,498
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000470
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM
  • Census Tract: 100200

Zoning

  • Zoning: RES

Geography

  • Parcel: SLEM M:73 B:2446 L:
  • Block: 2446
  • Municipality: SALEM
  • Latitude: 42.7949
  • Longitude: -71.219

    Address

  • Full Address: 72 Grove Ave
  • Address - House Number: 72
  • Address - Street Name: Grove
  • Address - Suffix Type: Ave
  • State: NH
  • City Name: Salem
  • Carrier Code: C014
  • 4-Digit Zip Code: 2256
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $726,600

    Appraisal Valuation

  • Standard Deviation: 0.1714
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 578,263
  • High Value: 677,388
  • Low Value: 479,139

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $428,400
  • Assessed Land Value: $136,200
  • Assessed Improvements Value: $292,200

    Sales

  • Current Sale Contract Date: Jul 12, 2019
  • Current Sale Recording Date: Jul 12, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 19025847
  • Previous Sale Recording Date: Jun 27, 2005
  • Previous Sale Amount: $9,000
  • 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:

$629,900

Sale Price/ft²

$252

Below Asking

0.01%

Average Days on Market

56

Average Home Size

3058 ft²

Average Home Age

48.6 years

Currently For Sale

783 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: Mark McGinn, McGinn & Associates Realty, LLC
Last Updated Date: 2019-07-18
Last Checked: 6 hours ago
Data Source: Prime MLS, MLS# 4750712
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 72 Grove Avenue built and last sold?
The property at 72 Grove Avenue was built in 2005 and last sold on Jul 12, 2019 for $380,000.
How much is this home worth?
The estimated value of the home located at 72 Grove Avenue is $387,609.
What are some comparable homes to 72 Grove Avenue?
There are currently no comparable homes to 72 Grove Avenue.
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