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Strafford
12 Riverside Farm Dr
$565,000
● House - Off Market

12 Riverside Farm Dr

Lee, NH 03861
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,749 Ft²
$580,415
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Welcome home to Riverside Farm Estates within the Oyster River school district! This meticulously cared for 4 bedroom, 3 bath home is ideally situated on a beautifully landscaped and wooded lot. Enjoy trail access to the 30 acres of conservation land abutting the private backyard. Beautiful views and wildlife watching from the spacious 3 season room. Wood burning fireplace and an oversized living room with cathedral ceiling. Granite counters and stainless-steel appliances. Finished basement provides the opportunity for multiple home offices, guest room, etc. Bright and sunny master bedroom with private bath and walk-in closet. Minutes from Rt 125, Rt 4, and Rt 101. Showings to begin immediately with an Open House Saturday 10/29 1PM-3PM.
Unit Size
3,749 Ft²
Days on Market
-
Land Size
0.79 acres
Price per sqft
$147
Property Type
House
Property Taxes
$850
HOA Dues
-
Year Built
1987

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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: 5 months ago (MLSPIN #73053018)

Price History

Date / Event Date Event Price
Nov 30, 2022 Sold
Premium
Sold
Oct 31, 2022 In contract -
In contract
Oct 27, 2022 Listed by Granite Coast Realty, LLC $550,000
Listed by Granite Coast Realty, LLC
Aug 9, 1999 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 34,412
  • Total Building Area: 2,998
  • Gross Building Area: 4,596
  • Building Area: 2,998
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,998
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000790
  • 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:00026 B:000011 L:000900
  • Block: 11
  • Lot: 900
  • Municipality: LEE
  • Latitude: 43.0861
  • Longitude: -71.0238

    Address

  • Full Address: 12 Riverside Farm Dr
  • Address - House Number: 12
  • Address - Street Name: Riverside Farm
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: Lee
  • Carrier Code: R005
  • 4-Digit Zip Code: 6215
  • Zip Code: 03861

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,128,800

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 78
  • Final Value: 632,302
  • High Value: 739,840
  • Low Value: 524,763

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $477,700
  • Assessed Land Value: $206,900
  • Assessed Improvements Value: $270,800

    Sales

  • Current Sale Contract Date: Nov 29, 2022
  • Current Sale Recording Date: Nov 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 220017470
  • Previous Sale Recording Date: Aug 09, 1999
  • Previous Sale Amount: $162,000
  • 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:

$515,000

Sale Price/ft²

$218

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2971 ft²

Average Home Age

59.9 years

Currently For Sale

297 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 11 Hobbs, Lee, 03861

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1 ft²
11 Hobbs, Lee, 03861 Listing by Natalie Mendoza

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73053018

Frequently Asked Questions

When was property at 12 Riverside Farm Drive built and last sold?
The property at 12 Riverside Farm Drive was built in 1987 and last sold on Nov 29, 2022 for $565,000.
How much is this home worth?
The estimated value of the home located at 12 Riverside Farm Drive is $573,856.
What are some comparable homes to 12 Riverside Farm Drive?
There are currently no comparable homes to 12 Riverside Farm Drive.
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