by RH Advisors
For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Merrimack 03229
1261 Pine Street
Listed by: Sandy Heino, Cowan and Zellers, Selling Office: Manter Realty, LLC, Listing Courtesy of Prime MLS
$650,000
● House - Off Market

1261 Pine Street

Hopkinton, NH 03229
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,324 Ft²
$4,364
Est. Monthly
2.45%
Cap Rate

About This Property

Meticulously maintained, this 3-4 bedroom, 3 bath Colonial is set on a 1.87 acre corner lot with quiet privacy yet handy to downtown shopping, schools and highway access.  This home offers an attractive first floor open feel with bamboo floors, separate dining room, fully applianced kitchen and slider to a large deck overlooking the spacious back yard. There are 3 bedrooms, a bonus room and two full bathrooms on the second floor.  Upgrades include a new roof in 2023 and a new furnace in 2024.  The oversized two car garage includes a 12X18 bump out for extra storage plus there is a detached garage/workshop with storage above ideal for the car or motorcycle enthusiast or handyman's dream spot. Showings by appointment start 7/24.
Unit Size
2,324 Ft²
Days on Market
-
Land Size
1.87 acres
Price per sqft
$295
Property Type
House
Property Taxes
$1,000
HOA Dues
-
Year Built
1996

Payment Calculator (Computations Provided by RealtyHop)

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
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 #5006257)

Price History

Date / Event Date Event Price
Sep 27, 2024 Sold
Premium
Sold
Aug 23, 2024 In contract -
In contract
Jul 23, 2024 Listed by Cowan and Zellers $685,000
Listed by Cowan and Zellers
Jul 31, 2023 Sold
Premium
Sold
May 23, 2023 Listed by Cowan and Zellers $574,900
Listed by Cowan and Zellers
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 81,457
  • Total Building Area: 2,750
  • Gross Building Area: 4,574
  • Building Area: 2,750
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,750
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001870
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hopkinton School District
  • School Tax School District: HOPKINTON
  • Census Tract: 039000

Zoning

  • Zoning: R-2

Geography

  • Parcel: HOPN M:00208 B:000019 L:000000
  • Block: 19
  • Municipality: HOPKINTON
  • Latitude: 43.2099
  • Longitude: -71.7562

    Address

  • Full Address: 1261 Pine St
  • Address - House Number: 1261
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: NH
  • City Name: Contoocook
  • Carrier Code: R002
  • 4-Digit Zip Code: 3229
  • Zip Code: 03229

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,199,800

    Appraisal Valuation

  • Standard Deviation: 0.1491
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 81
  • Final Value: 584,310
  • High Value: 671,479
  • Low Value: 497,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $342,600
  • Assessed Land Value: $85,100
  • Assessed Improvements Value: $257,500

    Sales

  • Current Sale Contract Date: Jul 31, 2023
  • Current Sale Recording Date: Jul 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 202300010652
  • Previous Sale Recording Date: Mar 11, 1996
  • Previous Sale Amount: $144,400
  • 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 Merrimack

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$203

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3233 ft²

Average Home Age

71.9 years

Currently For Sale

338 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 291 French Pond, Henniker, 03242

$1,700 /mo

  • 2 Beds
  • 1 Bath
  • 1,234 ft²
291 French Pond, Henniker, 03242 Listing by Julie Fuller

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Sandy Heino, Cowan and Zellers
Last Updated Date: 2024-09-27
Last Checked: 2 hours ago
Data Source: Prime MLS, MLS# 5006257
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 1261 Pine Street built and last sold?
The property at 1261 Pine Street was built in 1996 and last sold on Jul 31, 2023 for $620,000.
How much is this home worth?
The estimated value of the home located at 1261 Pine Street is $675,727.
What are some comparable homes to 1261 Pine Street?
There are currently no comparable homes to 1261 Pine Street.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Hopkinton Homes for Sale
Hopkinton Houses for Sale
Hopkinton Condos for Sale
Hopkinton Multifamily for Sale
Hopkinton Land for Sale
Hopkinton Commercial for Sale
Hopkinton Homes with Basements
Hopkinton Homes with Pools
Nearby Cities
Concord Homes for Sale
Hooksett Homes for Sale
Suncook Homes for Sale
South Hooksett Homes for Sale
Goffstown Homes for Sale
Hillsborough Homes for Sale
Antrim Homes for Sale
Contoocook Homes for Sale
Nearby Property Records
Merrimack County, NH Property Records
Hillsborough County, NH Property Records
Belknap County, NH Property Records
Sullivan County, NH Property Records
Cheshire County, NH Property Records
Strafford County, NH Property Records
Rockingham County, NH Property Records
Carroll County, NH Property Records
Neighborhoods
North End Real Estate
Northwest Manchester Real Estate
South Hooksett Real Estate
Nearby Counties
Concord Homes for Sale
Hooksett Homes for Sale
Goffstown Homes for Sale
Weare Homes for Sale
Hillsborough Homes for Sale
Bow Homes for Sale
Pembroke Homes for Sale
Loudon Homes for Sale
Top Real Estate Agents
Top Agents in Hopkinton
Top Agents in Concord
Top Agents in Concord
Top Agents in 03301
Top Agents in 03303
Top Agents in Hooksett
Top Agents in 03106
Top Agents in Goffstown