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Hillsborough
2 Iris Ave
Photo of 2 Iris Ave
Sold on Dec 15, 2025

41

Map

Photo of 2 Iris Ave
Photo of 2 Iris Ave
$570,000
● House - Off Market

2 Iris Ave

Pelham, NH 03076
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,311 Ft²
$3,074
Est. Monthly

About This Property

Welcome to 2 Iris Avenue in Pelham, NH! This beautifully renovated 3-bedroom, 2-bath ranch sits on 2.15 private acres and was completely gutted and remodeled in 2021. Updates include new appliances, septic system, furnace, water heater, electrical panel, deck, and fencing. Since then, the home has been enhanced with a whole-house generator, finished basement room, full French drain with dual sump pumps, two mini splits, new walkway, updated mudroom, fresh interior paint, storm door, and more. Enjoy the peaceful setting, spacious yard, and large shed with electricity-perfect for storage or a workshop. Move-in ready and conveniently located near local amenities and the MA border! Showings to begin at open houses Sat 11/8 & Sun 11/9 from 11am-12:30pm
Unit Size
1,311 Ft²
Days on Market
-
Land Size
2.15 acres
Price per sqft
$396
Property Type
House
Property Taxes
$525
HOA Dues
-
Year Built
1968

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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: 10 months ago (MLSPIN #73452432)

Price History

Date / Event Date Event Price
Dec 15, 2025 Sold
Premium
Sold
Nov 11, 2025 In contract -
In contract
Nov 6, 2025 Listed by ERA Key Realty Services $519,000
Listed by ERA Key Realty Services
Jun 18, 2021 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 93,654
  • Total Building Area: 1,076
  • Gross Building Area: 1,996
  • Building Area: 1,076
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,076
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002150
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Pelham School District
  • School Tax School District: PELHAM
  • Census Tract: 200300

Zoning

  • Zoning: R

Geography

  • Account Number: 5779
  • Parcel: PLHM M:42-10 B:219
  • Block: 219
  • Municipality: PELHAM
  • Latitude: 42.7048
  • Longitude: -71.2966

    Address

  • Full Address: 2 Iris Ave
  • Address - House Number: 2
  • Address - Street Name: Iris
  • Address - Suffix Type: Ave
  • State: NH
  • City Name: Pelham
  • Carrier Code: R024
  • 4-Digit Zip Code: 3604
  • Zip Code: 03076

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $624,800

    Appraisal Valuation

  • Standard Deviation: 0.1427
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 463,414
  • High Value: 529,546
  • Low Value: 397,282

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $343,500
  • Assessed Land Value: $167,600
  • Assessed Improvements Value: $175,900

    Sales

  • Current Sale Contract Date: Jun 17, 2021
  • Current Sale Recording Date: Jun 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 210041693
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

3419 ft²

Average Home Age

60.4 years

Currently For Sale

948 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

Click here to view more rentals in the neighborhood.
Last Updated: 10 months ago
Data Source: MLS PIN, MLS# 73452432

Frequently Asked Questions

When was property at 2 Iris Avenue built and last sold?
The property at 2 Iris Avenue was built in 1968 and last sold on Jun 17, 2021 for $350,000.
How much is this home worth?
The estimated value of the home located at 2 Iris Avenue is $0.
What are some comparable homes to 2 Iris Avenue?
There are currently no comparable homes to 2 Iris Avenue.
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