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Rockingham
98 Shore Drive
Listed by: Julie Sprague, Regarding Real Estate LLC, Selling Office: McGinn & Associates Realty, LLC, Listing Courtesy of Prime MLS
$125,000
● House - Off Market

98 Shore Drive

Salem, NH 03079
bedrooms
4 Beds
bathrooms
0 Bath
square feet
1,432 Ft²
$256,003
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

Enjoy a summers evening around your fire pit at your perfect vacation summer getaway with a 2 bedroom cottage for you and a 2 bedroom cottage for your guests. Or convert into a year round home.2 Full kitchens & several recent updates completed so you can just move in and enjoy. Water views and short walk to the associations to swim at the private beach and boat launch (membership available for a modest fee). Big yard and lots of room to park your boat, trailer or RV.Great investment property that includes for not one, but 2 summer cottages. Listed below assessment value! The listing reflects the total room count is for both camps.
Unit Size
1,432 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$105
Property Type
House
Property Taxes
$261
HOA Dues
-
Year Built
-

Payment Calculator (Computations Provided by RealtyHop)

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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 #4440272)

Price History

Date / Event Date Event Price
May 16, 2016 Sold
Premium
Sold
Jul 24, 2015 Listed by Regarding Real Estate LLC $149,900
Listed by Regarding Real Estate LLC

Property Highlights

Building Info

Overview

    General

  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000290
  • Standard Land Use Code: 1100
  • County Land Use Code: 109

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM
  • Census Tract: 100100

Zoning

  • Zoning: REC

Geography

  • Parcel: SLEM M:21 B:4982 L:
  • Block: 4982
  • Municipality: SALEM
  • Latitude: 42.8289
  • Longitude: -71.2215

    Address

  • Full Address: 98 Shore Dr
  • Address - House Number: 98
  • Address - Street Name: Shore
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: Salem
  • Carrier Code: R002
  • 4-Digit Zip Code: 1692
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $394,100

    Appraisal Valuation

  • Standard Deviation: 0.2099
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 58
  • Final Value: 273,886
  • High Value: 331,392
  • Low Value: 216,379

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $232,385
  • Assessed Land Value: $148,085
  • Assessed Improvements Value: $84,300

    Sales

  • Current Sale Recording Date: May 16, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 19227
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

$250

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2899 ft²

Average Home Age

49.3 years

Currently For Sale

1014 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

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Prime

Listed by: Julie Sprague, Regarding Real Estate LLC
Last Updated Date: 2016-05-16
Last Checked: less than 1 hour ago
Data Source: Prime MLS, MLS# 4440272
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 98 Shore Drive built and last sold?
The property at 98 Shore Drive was built in and last sold on Jan 1, 1970 for $125,000.
How much is this home worth?
The estimated value of the home located at 98 Shore Drive is $0.
What are some comparable homes to 98 Shore Drive?
There are currently no comparable homes to 98 Shore Drive.
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