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Hillsborough
2 Homestead Rd
$290,000
● House - Off Market

2 Homestead Rd

Pelham, NH 03076
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,998 Ft²
$568,976
RealtyHop Estimate
96.27%
Since Jul 1, 2013
National-US
Primary Model

About This Property

Pride of ownership in this custom built energy efficient Garrison Colonial on a picture perfect landscaped lot. Totally updated open floor plan.w/ large LR w/ wood burning FP & Bay window. Custom kitchen/ Dining Area & granite counters, HW floors and breakfast bar. Open breezeway & 2 car garage with walk up loft. 16x32 inground pool, C/A, irrigation system & much more...Good sized bedrooms boast HW floors. Finished LL with pellet stove & buit-In  bar for entertaining..Ist fl laundry. A Must See!
Unit Size
1,998 Ft²
Days on Market
-
Land Size
1.15 acres
Price per sqft
$145
Property Type
House
Property Taxes
$551
HOA Dues
-
Year Built
1969

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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: 4 months ago (MLSPIN #71518772)

Price History

Date / Event Date Event Price
Jun 30, 2020 Sold
Premium
Sold
Jun 28, 2013 Sold
Premium
Sold
May 2, 2013 Listed by Coldwell Banker Residential Brokerage - Chelmsford $289,900
Listed by Coldwell Banker Residential Brokerage - Chelmsford

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 782
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,094
  • Total Building Area: 1,598
  • Gross Building Area: 3,196
  • Building Area: 1,598
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,598
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001150
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Pelham School District
  • School Tax School District: PELHAM
  • Census Tract: 200500

Zoning

  • Zoning: R

Geography

  • Account Number: 5234
  • Parcel: PLHM M:14-3 B:23
  • Block: 23
  • Municipality: PELHAM
  • Latitude: 42.7435
  • Longitude: -71.3281

    Address

  • Full Address: 2 Homestead Rd
  • Address - House Number: 2
  • Address - Street Name: Homestead
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Pelham
  • Carrier Code: R027
  • 4-Digit Zip Code: 2323
  • Zip Code: 03076

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $822,600

    Appraisal Valuation

  • Standard Deviation: 0.1418
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 572,685
  • High Value: 653,921
  • Low Value: 491,449

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $452,200
  • Assessed Land Value: $168,000
  • Assessed Improvements Value: $284,200

    Sales

  • Current Sale Contract Date: Jun 30, 2020
  • Current Sale Recording Date: Jun 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 200033711
  • Previous Sale Recording Date: Jun 28, 2013
  • Previous Sale Amount: $290,000
  • 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 Hillsborough

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$214

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3404 ft²

Average Home Age

60.6 years

Currently For Sale

956 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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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71518772

Frequently Asked Questions

When was property at 2 Homestead Road built and last sold?
The property at 2 Homestead Road was built in 1969 and last sold on Jun 30, 2020 for $394,000.
How much is this home worth?
The estimated value of the home located at 2 Homestead Road is $301,142.
What are some comparable homes to 2 Homestead Road?
There are currently no comparable homes to 2 Homestead Road.
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