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Hillsborough
2 Loretta Avenue
Listed by: Kevin Gettings, Keller Williams Gateway Realty/Salem, Selling Office: HomeSmart Success Realty LLC, Listing Courtesy of Prime MLS
$262,000
● House - Off Market

2 Loretta Avenue

Pelham, NH 03076
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,624 Ft²
$380,813
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

APPROVED SHORT SALE - Here's Your Second Chance... 3 Bedroom Pelham Ranch - One level Living - Nice Corner Lot In A Great Neighborhood. 1.43 Acres - Two Driveways, Hardwood Floors, Bright & Spacious Kitchen, 3 Season Porch And An In-Law In Lower Level With Separate Entrance...What???!! Yup! Needs Some Work, Nothing Crazy - Great Investment!  Short Sale - Sale Subject To 3rd Party Approval. Buyer To Pay Short Sale Facilitation Fee in the amount of $5,000.00 due at the time of closing. This Fee Is Non Financeable.  Be Sure To View The 3D Virtual Tour For A Closer Look. Agents: Please See Remarks
Unit Size
1,624 Ft²
Days on Market
-
Land Size
1.43 acres
Price per sqft
$160
Property Type
House
Property Taxes
$475
HOA Dues
-
Year Built
1955

Payment Calculator (Computations Provided by RealtyHop)

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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 #4761525)

Price History

Date / Event Date Event Price
Oct 31, 2019 Sold
Premium
Sold
Jun 28, 2019 Listed by Keller Williams Gateway Realty/Salem $260,000
Listed by Keller Williams Gateway Realty/Salem
Sep 2, 2005 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,120
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 62,291
  • Total Building Area: 1,120
  • Gross Building Area: 2,670
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001430
  • 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: 2418
  • Parcel: PLHM M:35-10 B:339
  • Block: 339
  • Municipality: PELHAM
  • Latitude: 42.7187
  • Longitude: -71.3179

    Address

  • Full Address: 2 Loretta Ave
  • Address - House Number: 2
  • Address - Street Name: Loretta
  • Address - Suffix Type: Ave
  • State: NH
  • City Name: Pelham
  • Carrier Code: R028
  • 4-Digit Zip Code: 3492
  • Zip Code: 03076

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $689,000

    Appraisal Valuation

  • Standard Deviation: 0.1427
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 485,530
  • High Value: 554,818
  • Low Value: 416,242

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $378,800
  • Assessed Land Value: $172,600
  • Assessed Improvements Value: $206,200

    Sales

  • Current Sale Contract Date: Oct 31, 2019
  • Current Sale Recording Date: Oct 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9050232
  • Previous Sale Recording Date: Sep 02, 2005
  • Previous Sale Amount: $290,000
  • Previous 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

3418 ft²

Average Home Age

60.8 years

Currently For Sale

944 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: Kevin Gettings, Keller Williams Gateway Realty/Salem
Last Updated Date: 2019-10-31
Last Checked: 3 hours ago
Data Source: Prime MLS, MLS# 4761525
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 2 Loretta Avenue built and last sold?
The property at 2 Loretta Avenue was built in 1955 and last sold on Oct 31, 2019 for $262,000.
How much is this home worth?
The estimated value of the home located at 2 Loretta Avenue is $0.
What are some comparable homes to 2 Loretta Avenue?
There are currently no comparable homes to 2 Loretta Avenue.
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