14 Morrill Lane
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 1, 2024 | Sold | ||
| Sold | |||
| Jul 16, 2024 | In contract | - | |
| In contract | |||
| Jul 9, 2024 | Listed by Badger Peabody & Smith Realty/Holderness | $419,900 | |
| Listed by Badger Peabody & Smith Realty/Holderness | |||
| Aug 11, 2023 | Sold | ||
| Sold | |||
| Jul 18, 2023 | Listed by Badger Peabody & Smith Realty/Holderness | $379,900 | |
| Listed by Badger Peabody & Smith Realty/Holderness | |||
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Offer deadline Monday at 5 pm. Welcome to 14 Morrill Lane, Thornton NH! This tastefully furnished 3-bedroom 1 bath log home has been newly renovated and ready for new owners. Upon entering you will be impressed by the warm textures and open sightlines. Ideally set up for single-level living with laundry on the main level and a large unfinished basement for future expansion! The open floor plan lends itself to family gatherings, sharing memories from the day's adventures, and entertaining friends and family. Relax on the farmer's porch after a rewarding day of hiking in the nearby White Mountain National Forest, taking in the privacy on the 2.6-acre wooded lot. Recent updates include a new mini split heating/cooling system, complete home insulation with blown-in insulation, new flooring, brand new furniture, appliances, bedding, and linens. Completely turn-key offering ready to immediately generate income as a short-term rental or occupied as a primary residence. Located less than 5 minutes off I-93 make this an ideal basecamp central to skiing and hiking, 20 minutes to Loon Mountain and Waterville Valley, and a quick 10-minute drive to Plymouth for all of your shopping needs. You won’t want to miss this one, schedule a private showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017