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Grafton
2 Morgan Road
Listed by: Megan Moseley, Mint Real Estate Group, Selling Office: Mint Real Estate Group, Listing Courtesy of Prime MLS
$575,000
● Land - Off Market

2 Morgan Road

Hanover, NH 03750
bedrooms
Studio
bathrooms
0 Bath
$650,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Build your dream home on the 9.7 acres with Mink Brook running through your front yard, and enjoy the mountainous views to the west.  Quiet dead end road, only 1/4 mile from Etna Village. The 1920 Farmhouse on the property is full rehab or teardown.  Property is being sold AS IS.  Walk through of the house by appointment only.
Unit Size
-
Days on Market
-
Land Size
9.70 acres
Price per sqft
-
Property Type
Land
Property Taxes
$646
HOA Dues
-
Year Built
1920

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 #4944613)

Price History

Date / Event Date Event Price
Nov 30, 2023 Sold
Premium
Sold
Mar 3, 2023 Listed by Mint Real Estate Group $650,000
Listed by Mint Real Estate Group

Property Highlights

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 4
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • 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: 1,088
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 422,532
  • Total Building Area: 1,880
  • Gross Building Area: 4,124
  • Building Area: 1,880
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,880
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000009700
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hanover School District
  • Census Tract: 961601

Zoning

  • Zoning: RR

Geography

  • Parcel: HNOV M:005 B:064 L:001
  • Block: 64
  • Lot: 1
  • Municipality: HANOVER
  • Latitude: 43.699
  • Longitude: -72.2074

    Address

  • Full Address: 2 Morgan Rd
  • Address - House Number: 2
  • Address - Street Name: Morgan
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Etna
  • Carrier Code: H061
  • 4-Digit Zip Code: 3512
  • Zip Code: 03750

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $775,000

    Appraisal Valuation

  • Standard Deviation: 0.0881
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 92
  • Final Value: 556,556
  • High Value: 605,599
  • Low Value: 507,513

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $439,100
  • Assessed Land Value: $244,300
  • Assessed Improvements Value: $194,800
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 Grafton

Stats & Trends

Median Asking:

$475,000

Sale Price/ft²

$232

Below Asking

0.03%

Average Days on Market

73

Average Home Size

2651 ft²

Average Home Age

59.9 years

Currently For Sale

448 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: Megan Moseley, Mint Real Estate Group
Last Updated Date: 2023-12-01
Last Checked: -2 hour ago
Data Source: Prime MLS, MLS# 4944613
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 Morgan Road built and last sold?
The property at 2 Morgan Road was built in 1920 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2 Morgan Road is $656,500.
What are some comparable homes to 2 Morgan Road?
There are currently no comparable homes to 2 Morgan Road.
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