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Coos 03584
120 Reed Road
Listed by: Lisa Hampton, Lisa Hampton Real Estate, Selling Office: RE/MAX Northern Edge, Listing Courtesy of Prime MLS
$125,000
● House - Off Market

120 Reed Road

Lancaster, NH 03584
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,608 Ft²
$269,362
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

Huge Price Reduction! With an incredible mountain view, a pond and located on a Designated Scenic Road, this 3 bedroom, 3 bath home is sited on over 12 acres and is bordered by the Week's State Park. Home retains much of the original characteristics and country charm but has many updated elements. A metal roof, vinyl siding as well as a drilled well just to name a few. Property also Includes a 24' X 36' 2-story barn with 6 horse stalls, a tack room with saddle racks, hay storage above plus a huge workshop on the side. There are several other small out buildings which could house chickens or small animals.. A great horse property or a get-a-way to appreciate all the North Country has to offer. Bank owned and sold "as is, where is"
Unit Size
1,608 Ft²
Days on Market
-
Land Size
12.03 acres
Price per sqft
$93
Property Type
House
Property Taxes
$368
HOA Dues
-
Year Built
1850

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 years ago (Prime MLS #4355630)

Price History

Date / Event Date Event Price
Jan 24, 2024 Sold
Premium
Sold
Nov 3, 2023 Listed by Lisa Hampton Real Estate $585,000
Listed by Lisa Hampton Real Estate
Apr 27, 2015 Sold
Premium
Sold
May 15, 2014 Listed by Lisa Hampton Real Estate $149,000
Listed by Lisa Hampton Real Estate
Mar 28, 2014 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1850
  • Effective Year Built: 1850
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,008
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 218,236
  • Total Building Area: 2,462
  • Gross Building Area: 4,976
  • Building Area: 2,462
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,462
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005010
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: White Mountain Regional School District
  • School Tax School District: WHITE MTNS RGNL
  • Census Tract: 950500

Zoning

  • Zoning: AR-AGR

Geography

  • Parcel: LNCS M:R16 L:035
  • Lot: 35
  • Municipality: LANCASTER
  • Latitude: 44.4625
  • Longitude: -71.5716

    Address

  • Full Address: 120 Reed Rd
  • Address - House Number: 120
  • Address - Street Name: Reed
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Lancaster
  • Carrier Code: R002
  • 4-Digit Zip Code: 3323
  • Zip Code: 03584

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $584,500

    Appraisal Valuation

  • Standard Deviation: 0.1345
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 644,427
  • High Value: 731,142
  • Low Value: 557,713

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $337,663
  • Assessed Land Value: $80,763
  • Assessed Improvements Value: $256,900

    Sales

  • Current Sale Contract Date: Jan 23, 2024
  • Current Sale Recording Date: Jan 24, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2400275
  • Previous Sale Recording Date: Apr 27, 2015
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: O
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 Coos

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$115

Below Asking

0.03%

Average Days on Market

81

Average Home Size

2828 ft²

Average Home Age

83.1 years

Currently For Sale

358 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

Rentals Near You

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Prime

Listed by: Lisa Hampton, Lisa Hampton Real Estate
Last Checked: 4 hours ago
Data Source: Prime MLS, MLS# 4355630
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 120 Reed Road built and last sold?
The property at 120 Reed Road was built in 1850 and last sold on Jan 23, 2024 for $505,000.
How much is this home worth?
The estimated value of the home located at 120 Reed Road is $555,784.
What are some comparable homes to 120 Reed Road?
There are currently no comparable homes to 120 Reed Road.
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