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Carroll 03860
111 Merrill Drive
Listed by: Krista Karnan, KW Coastal and Lakes & Mountains Realty/Meredith, Selling Office: Black Bear Realty, Listing Courtesy of Prime MLS
$100,000
● Land - Off Market

111 Merrill Drive

Conway, NH 03860
bedrooms
Studio
bathrooms
0 Bath
$118,130
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

This cleared, level building lot is ready for your dream home in the White Mountains of New Hampshire. Site work/foundation has been started, and the septic design and house plans are available! Community water, so no need to drill a well here. If you've been striking out trying to buy a home in this fast paced market, maybe it's time to think about building new! North Conway is one of the most sought after locations in New England for so many reasons - basically every single recreational activity you can imagine is at your fingertips here in The Mount Washington Valley. We have a handful of ski resorts all within a short drive, various bodies of water everywhere you turn, and there is a major brand outlet mall where you can shop TAX FREE! Come see why New Hampshire has been voted the #1 state to live in the USA.
Unit Size
-
Days on Market
-
Land Size
0.67 acres
Price per sqft
-
Property Type
Land
Property Taxes
$70
HOA Dues
$85
Year Built
2021

Payment Calculator (Computations Provided by RealtyHop)

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Cap Rate Calculator

Purchase Price
Monthly Property Taxes
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Operating Profit Per Year
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 #4841533)

Price History

Date / Event Date Event Price
Mar 26, 2021 Sold
Premium
Sold
Dec 11, 2020 Listed by KW Coastal and Lakes & Mountains Realty/Meredith $95,000
Listed by KW Coastal and Lakes & Mountains Realty/Meredith
May 7, 2001 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,185
  • Total Building Area: 1,692
  • Building Area: 1,692
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,692
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000670
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Conway School District
  • School Tax School District: CONWAY
  • Census Tract: 955302

Zoning

  • Zoning: RA

Geography

  • Account Number: 21975
  • Parcel: CNWY M:231 B:47
  • Block: 47
  • Municipality: CONWAY
  • Latitude: 44.0397
  • Longitude: -71.147

    Address

  • Full Address: 111 Merrill Dr
  • Address - House Number: 111
  • Address - Street Name: Merrill
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: North Conway
  • Zip Code: 03860

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $509,800

    Appraisal Valuation

  • Standard Deviation: 0.2397
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 52
  • Final Value: 479,347
  • High Value: 594,275
  • Low Value: 364,418

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $282,300
  • Assessed Land Value: $68,700
  • Assessed Improvements Value: $213,600

    Sales

  • Current Sale Recording Date: May 07, 2001
  • Current Sale Price:
    Premium
  • Current 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 Carroll

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$256

Below Asking

0.03%

Average Days on Market

73

Average Home Size

2835 ft²

Average Home Age

59.8 years

Currently For Sale

402 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 20 Red Ridge, Conway, 03860

$1,500 /mo

  • 1 Bed
  • 500 ft²
20 Red Ridge, Conway, 03860 Listing by Jennifer McPherson

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Krista Karnan, KW Coastal and Lakes & Mountains Realty/Meredith
Last Updated Date: 2021-03-26
Last Checked: 6 hours ago
Data Source: Prime MLS, MLS# 4841533
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 111 Merrill Drive built and last sold?
The property at 111 Merrill Drive was built in 2021 and last sold on Jan 1, 1970 for $15,000.
How much is this home worth?
The estimated value of the home located at 111 Merrill Drive is $95,950.
What are some comparable homes to 111 Merrill Drive?
There are currently no comparable homes to 111 Merrill Drive.
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