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Strafford
18 Spruce Drive
Listed by: Jon McCormack, Bean Group / Dover, Selling Office: BHHS Verani Seacoast, Listing Courtesy of Prime MLS
$35,000
● Mobile Manufactured - Off Market

18 Spruce Drive

Lee, NH 03861
bedrooms
2 Beds
bathrooms
2 Baths
square feet
916 Ft²
$57,557
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

Nicely updated home in Pine Knoll Village. Dead end street, no through traffic, updated to liquid propane, 2 year old furnace, 2 full baths, stainless steel appliances & laminate flooring. Spacious lot with deck. Oyster River School District and convenient to shopping, commuter routes and amenities. Pets allowed with approval. Park fees are $405 per month and include water, sewer, snow removal (roads - not driveways or walkways) trash removal and master insurance. Don't miss this one!
Unit Size
916 Ft²
Days on Market
-
Land Size
-
Price per sqft
$41
Property Type
Mobile Manufactured
Property Taxes
$77
HOA Dues
$405
Year Built
1987

Payment Calculator (Computations Provided by RealtyHop)

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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: 3 years ago (Prime MLS #4719312)

Price History

Date / Event Date Event Price
Oct 25, 2018 Sold
Premium
Sold
Sep 19, 2018 Listed by Bean Group / Dover $38,000
Listed by Bean Group / Dover

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 0
  • Total Building Area: 916
  • Gross Building Area: 2,080
  • Building Area: 916
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 916
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Standard Land Use Code: 1006
  • County Land Use Code: 103
  • Mobile Home Indicator: T

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:00010 B:000005 L:000081
  • Block: 5
  • Lot: 81
  • Municipality: LEE
  • Latitude: 43.1325
  • Longitude: -71.0226

    Address

  • Full Address: 18 Spruce Dr
  • Address - House Number: 18
  • Address - Street Name: Spruce
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: Lee
  • Carrier Code: R001
  • 4-Digit Zip Code: 4418
  • Zip Code: 03861

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $148,400

    Appraisal Valuation

  • Standard Deviation: 0.1983
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 107,970
  • High Value: 129,385
  • Low Value: 86,555

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,800
  • Assessed Improvements Value: $62,800

    Sales

  • Current Sale Recording Date: Oct 25, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15384
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

0.01%

Average Days on Market

56

Average Home Size

2962 ft²

Average Home Age

59.9 years

Currently For Sale

298 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: Jon McCormack, Bean Group / Dover
Last Updated Date: 2018-10-26
Last Checked: 7 hours ago
Data Source: Prime MLS, MLS# 4719312
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 Spruce Drive built and last sold?
The property at 18 Spruce Drive was built in 1987 and last sold on Jan 1, 1970 for $35,000.
How much is this home worth?
The estimated value of the home located at 18 Spruce Drive is $48,161.
What are some comparable homes to 18 Spruce Drive?
There are currently no comparable homes to 18 Spruce Drive.
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