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Hillsborough
1 Colonial Dr
$350,000
● House - Off Market

1 Colonial Dr

Pelham, NH 03076
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,728 Ft²
$500,504
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

This is a great opportunity for the right person.  This home has an fantastic farmers porch and amazing open concept floor plan.  Great backyard for those summer time barbecues and splashing around the inground pool.  During the winter time imagine your family sitting near the pellet stove as its pumping out warm air during those cold snowy NH nights.  This classic Colonial home sits on just under 2 acres on a spacious corner lot.
Unit Size
1,728 Ft²
Days on Market
-
Land Size
1.90 acres
Price per sqft
$203
Property Type
House
Property Taxes
$471
HOA Dues
-
Year Built
1979

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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: 4 months ago (MLSPIN #72608796)

Price History

Date / Event Date Event Price
Apr 1, 2020 Sold
Premium
Sold
Jan 16, 2020 Listed by LAER Realty Partners $350,000
Listed by LAER Realty Partners
Nov 19, 2014 Sold
Premium
Sold
Jul 11, 2014 Listed by LAER Realty Partners $264,400
Listed by LAER Realty Partners

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 864
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 82,764
  • Total Building Area: 2,508
  • Gross Building Area: 4,810
  • Building Area: 2,508
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,508
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001900
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Pelham School District
  • School Tax School District: PELHAM
  • Census Tract: 200201

Zoning

  • Zoning: R

Geography

  • Account Number: 615
  • Parcel: PLHM M:21-3 B:101-8
  • Block: 101-8
  • Municipality: PELHAM
  • Latitude: 42.7371
  • Longitude: -71.3346

    Address

  • Full Address: 1 Colonial Dr
  • Address - House Number: 1
  • Address - Street Name: Colonial
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: Pelham
  • Carrier Code: R027
  • 4-Digit Zip Code: 2307
  • Zip Code: 03076

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $742,300

    Appraisal Valuation

  • Standard Deviation: 0.1441
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 82
  • Final Value: 521,649
  • High Value: 596,841
  • Low Value: 446,457

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $408,100
  • Assessed Land Value: $154,800
  • Assessed Improvements Value: $253,300

    Sales

  • Current Sale Contract Date: Mar 31, 2020
  • Current Sale Recording Date: Apr 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 200015317
  • Previous Sale Recording Date: Nov 19, 2014
  • Previous Sale Amount: $260,000
  • 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 Hillsborough

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$214

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3404 ft²

Average Home Age

60.6 years

Currently For Sale

956 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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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72608796

Frequently Asked Questions

When was property at 1 Colonial Drive built and last sold?
The property at 1 Colonial Drive was built in 1979 and last sold on Mar 31, 2020 for $350,000.
How much is this home worth?
The estimated value of the home located at 1 Colonial Drive is $351,948.
What are some comparable homes to 1 Colonial Drive?
There are currently no comparable homes to 1 Colonial Drive.
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