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Rochester 03867
2 Spruce Street
Listed by: Douglas Lachance, Century 21 NE Group, Selling Office: Your Next Move Realty LLC, Listing Courtesy of Prime MLS
$50,000
● Land - Off Market

2 Spruce Street

Rochester, NH 03867
bedrooms
Studio
bathrooms
0 Bath
$73,997
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

These don't come around every day!  In town, walking distance to every thing, with water and Sewer.  Lot of record, meet setbacks and density and get a building permit! No Muss No Fuss.  R-2 zone.
Unit Size
-
Days on Market
-
Land Size
0.24 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

Payment Calculator (Computations Provided by RealtyHop)

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Principal + Interest:
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Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #4914795)

Price History

Date / Event Date Event Price
Sep 1, 2023 Sold
Premium
Sold
Jul 24, 2023 Listed by Century 21 NE Group $339,900
Listed by Century 21 NE Group
Jan 13, 2023 Sold
Premium
Sold
Oct 18, 2022 No longer available -
No longer available
Sep 10, 2022 Relisted $69,900
Relisted
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000240
  • Standard Land Use Code: 8016
  • County Land Use Code: 106

Neighborhood

  • School District Name: Rochester School District
  • School Tax School District: ROCHESTER
  • Census Tract: 084301

Zoning

  • Zoning: R2

Geography

  • Account Number: 13570
  • Parcel: RCHE M:0120 B:0216 L:0001
  • Block: 216
  • Lot: 1
  • Municipality: ROCHESTER
  • Latitude: 43.3039
  • Longitude: -70.9675

    Address

  • Full Address: 2 Spruce St
  • Address - House Number: 2
  • Address - Street Name: Spruce
  • Address - Suffix Type: St
  • State: NH
  • City Name: Rochester
  • Carrier Code: C018
  • 4-Digit Zip Code: 3130
  • Zip Code: 03867

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $157,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,000
  • Assessed Land Value: $46,500
  • Assessed Improvements Value: $14,500

    Sales

  • Current Sale Contract Date: Aug 31, 2023
  • Current Sale Recording Date: Sep 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 230010519
  • Previous Sale Recording Date: Jan 13, 2023
  • Previous Sale Contract Date: Jan 13, 2023
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: 71
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 Rochester

Stats & Trends

Median Asking:

$411,500

Sale Price/ft²

$195

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3008 ft²

Average Home Age

58 years

Currently For Sale

60 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 189 South Main, Rochester, 03867

$1,450 /mo

  • 1 Bed
  • 1 Bath
  • 550 ft²
189 South Main #UNIT4, Rochester, 03867 Listing by Mitchell Hartford

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Douglas Lachance, Century 21 NE Group
Last Updated Date: 2023-01-13
Last Checked: 4 hours ago
Data Source: Prime MLS, MLS# 4914795
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 Spruce Street built and last sold?
The property at 2 Spruce Street was built in and last sold on Aug 31, 2023 for $365,000.
How much is this home worth?
The estimated value of the home located at 2 Spruce Street is $343,591.
What are some comparable homes to 2 Spruce Street?
There are currently no comparable homes to 2 Spruce Street.
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