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Nashua 03062 Southwest Nashua
2 Southgate Drive
Listed by: Walter Zenkin, Unique Realty LLC, Selling Office: RE/MAX Rising Tide/Madden Group, Listing Courtesy of Prime MLS
$490,000
● House - Off Market

2 Southgate Drive

Nashua, NH 03062
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,349 Ft²
$464,227
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Come and See! Beautiful Cape Style Home, 3 Large Bedrooms 2 Full Bathrooms and an additional office/guest room. Just Off Exit 1 on the MA/NH border. The Kitchen overlooks a Fenced-in Back yard with wooded privacy,  deck and large shed. Only 4 other homes on this road!!! The second floor is fully dormered on the back and features two shed dormers on the front. Updates include: Oil Tank 2021, Full water filtration system 2015, Generator hookup with Breaker interlock 2018, Chimney Liner 2018, Dryer 2019.
Unit Size
2,349 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$191
Property Type
House
Property Taxes
$567
HOA Dues
-
Year Built
1963

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 #4920784)

Price History

Date / Event Date Event Price
Aug 31, 2022 Sold
Premium
Sold
Jul 14, 2022 Listed by Unique Realty LLC $449,000
Listed by Unique Realty LLC
Jun 16, 1997 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 975
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,809
  • Total Building Area: 2,105
  • Gross Building Area: 4,118
  • Building Area: 2,105
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,105
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000317
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Nashua School District
  • School Tax School District: NASHUA
  • Census Tract: 011101

Zoning

  • Zoning: R18

Geography

  • Account Number: 22316
  • Parcel: NASH M:B L:00556
  • Lot: 556
  • Municipality: NASHUA
  • Latitude: 42.7013
  • Longitude: -71.467

    Address

  • Full Address: 2 Southgate Dr
  • Address - House Number: 2
  • Address - Street Name: Southgate
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: Nashua
  • Carrier Code: R037
  • 4-Digit Zip Code: 2204
  • Zip Code: 03062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $730,900

    Appraisal Valuation

  • Standard Deviation: 0.1369
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 84
  • Final Value: 555,941
  • High Value: 632,057
  • Low Value: 479,826

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $404,500
  • Assessed Land Value: $134,500
  • Assessed Improvements Value: $270,000

    Sales

  • Current Sale Contract Date: Aug 31, 2022
  • Current Sale Recording Date: Aug 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 220041479
  • Previous Sale Recording Date: Jun 16, 1997
  • Previous Sale Amount: $134,900
  • Previous Sale Document Type: 71

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
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 Southwest Nashua

Stats & Trends

Median Asking:

$570,000

Sale Price/ft²

$245

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2763 ft²

Average Home Age

40.4 years

Currently For Sale

48 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: Walter Zenkin, Unique Realty LLC
Last Updated Date: 2022-08-31
Last Checked: 5 hours ago
Data Source: Prime MLS, MLS# 4920784
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 Southgate Drive built and last sold?
The property at 2 Southgate Drive was built in 1963 and last sold on Aug 31, 2022 for $490,000.
How much is this home worth?
The estimated value of the home located at 2 Southgate Drive is $0.
What are some comparable homes to 2 Southgate Drive?
There are currently no comparable homes to 2 Southgate Drive.
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