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Hillsborough
2 Lane Road
Photo of 2 Lane Road
Sold on Jul 28, 2005

1

Map

$410,000
● House - Off Market

2 Lane Road

Pelham, NH 03076
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,394 Ft²
$759,192
RealtyHop Estimate
76.60%
Since Aug 1, 2005
National-US
Primary Model

About This Property

PICTURE PERFECT CAPE! INCREDIBLE LANDSCAPING--ROLLING GREEN LAWN WITH PERENNIAL GARDENS, 2 GAZEBOS,, PATIOS, IN GROUND POOL. HOME VERY WELL TAKEN CARE OF 3-TO-4 BEDROOMS, 2 FULL BATHS, HARDWOOD FLOOR, WALKOUT LOWER LEVEL FAMILY ROOM WITH 2ND KITCHEN. HEATED 2 CAR DETACHED GARAGE WITH STORAGE AND HALF BATH.
Unit Size
2,394 Ft²
Days on Market
-
Land Size
1.36 acres
Price per sqft
$180
Property Type
House
Property Taxes
$360
HOA Dues
-
Year Built
1971

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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 #70201967)

Price History

Date / Event Date Event Price
Aug 1, 2005 Sold
Premium
Sold
Jun 2, 2005 Listed $429,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 9
  • Basement Area: 924
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 59,242
  • Total Building Area: 1,615
  • Gross Building Area: 3,502
  • Building Area: 1,615
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,615
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001360
  • 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: 868
  • Parcel: PLHM M:7-4 B:34
  • Block: 34
  • Municipality: PELHAM
  • Latitude: 42.7555
  • Longitude: -71.3402

    Address

  • Full Address: 2 Lane Rd
  • Address - House Number: 2
  • Address - Street Name: Lane
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Pelham
  • Carrier Code: R021
  • 4-Digit Zip Code: 2334
  • Zip Code: 03076

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $860,900

    Appraisal Valuation

  • Standard Deviation: 0.1379
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 611,980
  • High Value: 696,426
  • Low Value: 527,534

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $473,300
  • Assessed Land Value: $163,400
  • Assessed Improvements Value: $309,900

    Sales

  • Current Sale Recording Date: Aug 01, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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

Unit for rent at 8 Heritage, 03076

$3,500 /mo

  • 3 Beds
  • 2 Baths
8 Heritage, 03076

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70201967

Frequently Asked Questions

When was property at 2 Lane Road built and last sold?
The property at 2 Lane Road was built in 1971 and last sold on Jan 1, 1970 for $410,000.
How much is this home worth?
The estimated value of the home located at 2 Lane Road is $438,364.
What are some comparable homes to 2 Lane Road?
There are currently no comparable homes to 2 Lane Road.
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