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Merrimack
18 Gale Road
Listed by: Dimitri Dimakis, Coldwell Banker LIFESTYLES, Selling Office: Coldwell Banker LIFESTYLES, Listing Courtesy of Prime MLS
$225,000
● House - Off Market

18 Gale Road

Andover, NH 03216
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,750 Ft²
$350,044
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

Wonderful farm house on 3.47 acres and frontage on the Blackwater River.  Built in 1800s but many updates since.  This home is warm and inviting, with cathedral ceilings and woodburning fireplace in the living room, huge eat-in kitchen and formal dining room.  The first floor also has a master bedroom and full bath.  Upstairs are two bedrooms and a half bath.  The basement offers a large finished room with laundry facilities and plenty of space for an office or craft room.  There is an attached garage/barn and a back deck overlooking the river.  Enjoy several swimming holes and just a short walk to the Northern Rail Trail.
Unit Size
1,750 Ft²
Days on Market
-
Land Size
3.47 acres
Price per sqft
$131
Property Type
House
Property Taxes
$309
HOA Dues
-
Year Built
1965

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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: 3 years ago (Prime MLS #4681436)

Price History

Date / Event Date Event Price
Dec 17, 2021 Sold
Premium
Sold
Jul 24, 2021 Listed by Coldwell Banker LIFESTYLES $349,000
Listed by Coldwell Banker LIFESTYLES
May 31, 2018 Sold
Premium
Sold
Mar 19, 2018 Listed by Coldwell Banker LIFESTYLES $229,900
Listed by Coldwell Banker LIFESTYLES

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 23
  • 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
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 151,153
  • Total Building Area: 1,837
  • Gross Building Area: 4,080
  • Building Area: 1,837
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,837
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003470
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • School Tax School District: ANDOVER
  • Census Tract: 042500

Zoning

  • Zoning: FA F

Geography

  • Parcel: ANDV M:00035 B:000408 L:000166
  • Block: 408
  • Lot: 166
  • Municipality: ANDOVER
  • Latitude: 43.4449
  • Longitude: -71.8782

    Address

  • Full Address: 18 Gale Rd
  • Address - House Number: 18
  • Address - Street Name: Gale
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Andover
  • Carrier Code: R002
  • 4-Digit Zip Code: 3133
  • Zip Code: 03216

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $500,300

    Appraisal Valuation

  • Standard Deviation: 0.2613
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 62
  • Final Value: 445,822
  • High Value: 562,337
  • Low Value: 329,307

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $218,000
  • Assessed Land Value: $88,900
  • Assessed Improvements Value: $129,100

    Sales

  • Current Sale Contract Date: Dec 17, 2021
  • Current Sale Recording Date: Dec 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202100032258
  • Previous Sale Recording Date: May 31, 2018
  • Previous Sale Amount: $225,000
  • 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 Merrimack

Stats & Trends

Median Asking:

$489,000

Sale Price/ft²

$201

Below Asking

0.01%

Average Days on Market

54

Average Home Size

3282 ft²

Average Home Age

73.1 years

Currently For Sale

490 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: Dimitri Dimakis, Coldwell Banker LIFESTYLES
Last Updated Date: 2018-05-31
Last Checked: 3 hours ago
Data Source: Prime MLS, MLS# 4681436
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 18 Gale Road built and last sold?
The property at 18 Gale Road was built in 1965 and last sold on Dec 17, 2021 for $352,533.
How much is this home worth?
The estimated value of the home located at 18 Gale Road is $0.
What are some comparable homes to 18 Gale Road?
There are currently no comparable homes to 18 Gale Road.
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