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Rockingham
8 Briar Ave
$261,900
● House - Off Market

8 Briar Ave

Salem, NH 03079
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,450 Ft²
$479,060
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

This house has it all. Premium Location, quiet street, great neighborhood, within minutes of schools, Boys and Girls Club, Library, Major Highways and shopping.  Town Water and Sewer, hardwood floors, wonderfully open kitchen with cherry cabinets and sky lights, incredible family room with custom fireplace, vaulted ceilings and skylights. Master bath with dressing room. Breakfast island, large 4 season room, back yard, over-sized two car garage with loft for storage and room for 6 cars in driveway. Finished basement, pellet stove, all appliances included.
Unit Size
2,450 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$110
Property Type
House
Property Taxes
$465
HOA Dues
-
Year Built
1962

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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: 5 months ago (MLSPIN #71916818)

Price History

Date / Event Date Event Price
Jun 29, 2022 Sold
Premium
Sold
Apr 27, 2022 Listed by Century 21 North Shore $515,000
Listed by Century 21 North Shore
Dec 18, 2015 Sold
Premium
Sold
Oct 8, 2015 Listed by Century 21 North Shore $269,900
Listed by Century 21 North Shore
Jun 14, 2010 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 960
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 2,054
  • Gross Building Area: 4,778
  • Building Area: 2,054
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,054
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000290
  • 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:82 B:1309 L:
  • Block: 1309
  • Municipality: SALEM
  • Latitude: 42.7859
  • Longitude: -71.2174

    Address

  • Full Address: 8 Briar Ave
  • Address - House Number: 8
  • Address - Street Name: Briar
  • Address - Suffix Type: Ave
  • State: NH
  • City Name: Salem
  • Carrier Code: C013
  • 4-Digit Zip Code: 2635
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $797,000

    Appraisal Valuation

  • Standard Deviation: 0.1669
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 585,020
  • High Value: 682,701
  • Low Value: 487,339

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $469,900
  • Assessed Land Value: $156,600
  • Assessed Improvements Value: $313,300

    Sales

  • Current Sale Contract Date: Jun 28, 2022
  • Current Sale Recording Date: Jun 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 22028111
  • Previous Sale Recording Date: Dec 18, 2015
  • Previous Sale Amount: $269,933
  • 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:

$629,000

Sale Price/ft²

$253

Below Asking

0.01%

Average Days on Market

57

Average Home Size

3109 ft²

Average Home Age

47.8 years

Currently For Sale

778 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 8 Lancelot, Salem, 03079

$2,200 /mo

  • 2 Beds
  • 1 Bath
  • 916 ft²
8 Lancelot #17, Salem, 03079 Listing by Caroleann M. Ohannessian

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71916818

Frequently Asked Questions

When was property at 8 Briar Avenue built and last sold?
The property at 8 Briar Avenue was built in 1962 and last sold on Jun 28, 2022 for $520,000.
How much is this home worth?
The estimated value of the home located at 8 Briar Avenue is $515,557.
What are some comparable homes to 8 Briar Avenue?
There are currently no comparable homes to 8 Briar Avenue.
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