$215,000
●
Condo -
Off Market
11 Labrecque St #3
Manchester, NH 03102
3 Beds
1 Bath
1,010 Ft²
$203,749
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model
About This Property
Rare find! Spacious 3 bedroom condo with affordable taxes & HOA!
This low maintenance 4-Unit is nestled in a quiet neighborhood
conveniently located close to the Everette turnpike and a walk away
from Polaris Charter School. A bay window allows for natural light
to flow into the large livingroom. Dining & kitchen combo with
breakfast bar and dining area. The bathroom features new flooring
and freshly painted cabinets. Thermostats all updated, newer water
heater and freshly painted master bedroom. Bonuses, in-unit
laundry, 2 off street parking and a slider leading out to the deck
for relaxing. No showings before open house on Saturday, January
7th at 11-12:30.
Unit Size
1,010 Ft²
Days on Market
-
Land Size
-
Price per sqft
$193
Property Type
Condo
Property Taxes
$232
HOA Dues
$220
Year Built
1985
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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 years ago (MLSPIN #73068197)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 3, 2023 | Sold | ||
| Sold | |||
| Jan 10, 2023 | In contract | - | |
| In contract | |||
| Jan 4, 2023 | Listed by 1 Worcester Homes | $195,000 | |
| Listed by 1 Worcester Homes | |||
| Mar 8, 2021 | Sold | ||
| Sold | |||
| Jan 28, 2021 | Listed by Pierre Peloquin Realty | $168,900 | |
| Listed by Pierre Peloquin Realty | |||
| | |||
|
RARE & UNIQUE OPPORTUNITY!! SPACIOUS 3 Bedroom (YES, 3 Bedroom!) Condominium in a quant brick-faced, 4-unit complex nestled on a quiet residential street just off Coolidge Avenue. WONDERFUL floor plan with 1,010 square feet featuring Large Living Room w/bay window & Gas stove/hearth for cozy evenings. Fully applianced kitchen w/breakfast bar & dining area with slider to oversized rear deck. Just freshly painted and all new carpeting for your immediate occupancy. Low Taxes $1,916.00 make this TRULY AFFORDABLE. MOVE RIGHT IN & JUST HANG YOUR PICTURES. You'll never find a similar 3 bedroom condo in this price range. Great investment, too, w/$1,500.00 monthly rental projection (current COC good to 6/5/2022). Broker owned & ready for the next happy owner .
| |||
Property Highlights
Air Conditioning
Interior Details
Level: Second
Level: Second
Level: Second
Level: Second
Level: Second
Level: Second
Level: Second
Full Bathrooms: 1
Appliances: Electric Water Heater
Rooms: 6
Basement: Y
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Garden
Stories (Total): 2
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: None
Lot Size Units: Acres
Zoning: R-2
Parcel Number: 346965
Water Source: Public
Financial Details
Tax Assessed Value: $157,300
Tax Annual Amount: $2,781
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Electric Baseboard, Propane
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal
Association Fee Frequency: Monthly
HOA Fee: $220
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 |
|---|---|---|---|---|---|---|---|
|
01/04/2023
|
3 Bed
|
1 Bath
|
1010 ft²
|
$195,000
3 Bed
1 Bath
1010 ft²
|
$215,000
+10.26%
02/03/2023
|
Linda Desaulniers
1 Worcester Homes
| |
|
01/28/2021
|
3 Bed
|
1 Bath
|
1010 ft²
|
$168,900
3 Bed
1 Bath
1010 ft²
|
$166,000
-1.72%
03/08/2021
|
Pierre Peloquin
Pierre Peloquin Realty
| |
|
10/26/2015
|
3 Bed
|
1 Bath
|
1010 ft²
|
$76,500
3 Bed
1 Bath
1010 ft²
|
$72,000
-5.88%
03/29/2016
|
Steve Cotran
RE/MAX Area Real Estate Network LTD
|
Building Info
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