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Strafford
12 Chestnut Way #LOT6
Listed by: Todd Hudson, Red Post Realty, Selling Office: Red Post Realty, Listing Courtesy of Prime MLS
$85,000
● Land - Off Market

12 Chestnut Way #LOT6

Lee, NH 03861
bedrooms
Studio
bathrooms
0 Bath
$137,686
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Enjoy living in a quiet setting without moving too far from life's necessities! Chestnut Farms is the perfect place for you to build the home of your dreams. Surrounded with nature and set back from busy roads, this neighborhood is being built on a cul-de-sac which is sure to bring privacy and tranquility for years to come. Chestnut Farms is conveniently located in the Oyster River School District and within close proximity to Route 125, providing easy commutes and quick access to shopping or dining.
Unit Size
-
Days on Market
-
Land Size
1.44 acres
Price per sqft
-
Property Type
Land
Property Taxes
$207
HOA Dues
-
Year Built
2018

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 #4677547)

Price History

Date / Event Date Event Price
Jun 13, 2023 Sold
Premium
Sold
Mar 7, 2023 Listed by Red Post Realty $779,900
Listed by Red Post Realty
Dec 4, 2018 Sold
Premium
Sold
Jun 29, 2018 Sold
Premium
Sold
Feb 20, 2018 Listed by Red Post Realty $91,000
Listed by Red Post Realty

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 62,726
  • Total Building Area: 2,909
  • Gross Building Area: 4,198
  • Building Area: 2,909
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,909
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001440
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Oyster River Cooperative School District
  • School Tax School District: OYSTER RIV COOP
  • Census Tract: 080500

Zoning

  • Zoning: RES

Geography

  • Parcel: LLEE M:00001 B:000007 L:000600
  • Block: 7
  • Lot: 600
  • Municipality: LEE
  • Latitude: 43.1697
  • Longitude: -70.9948

    Address

  • Full Address: 12 Chestnut Way
  • Address - House Number: 12
  • Address - Street Name: Chestnut
  • Address - Suffix Type: Way
  • State: NH
  • City Name: Lee
  • Carrier Code: R001
  • 4-Digit Zip Code: 6754
  • Zip Code: 03861

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,419,000

    Appraisal Valuation

  • Standard Deviation: 0.1489
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 81
  • Final Value: 794,304
  • High Value: 912,647
  • Low Value: 675,961

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $600,500
  • Assessed Land Value: $227,700
  • Assessed Improvements Value: $372,800

    Sales

  • Current Sale Contract Date: Jun 12, 2023
  • Current Sale Recording Date: Jun 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 230006754
  • Previous Sale Recording Date: Dec 04, 2018
  • Previous Sale Amount: $516,000
  • 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 Strafford

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$215

Below Asking

0.01%

Average Days on Market

53

Average Home Size

3408 ft²

Average Home Age

62.9 years

Currently For Sale

390 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 748 Calef, Barrington, 03825

$1,350 /mo

  • 1 Bed
  • 400 ft²
748 Calef #5, Barrington, 03825 Listing by Shaylyn Dean

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Todd Hudson, Red Post Realty
Last Updated Date: 2018-07-06
Last Checked: 4 hours ago
Data Source: Prime MLS, MLS# 4677547
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 12 Chestnut Way built and last sold?
The property at 12 Chestnut Way was built in 2018 and last sold on Jun 12, 2023 for $810,000.
How much is this home worth?
The estimated value of the home located at 12 Chestnut Way is $786,044.
What are some comparable homes to 12 Chestnut Way?
There are currently no comparable homes to 12 Chestnut Way.
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