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Rockingham 03833
203 Drinkwater Road #LOT3
Listed by: Donna Carter, Donna Carter Real Estate, Selling Office: Great Island Realty LLC, Listing Courtesy of Prime MLS
$210,000
● Land - Off Market

203 Drinkwater Road #LOT3

Kensington, NH 03833
bedrooms
Studio
bathrooms
0 Bath
$273,488
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

One of 3 lots with road frontage on Drinkwater Road in Kensington.  Plan is signed and recorded.  Home will require a sprinkler system, Town and state approved septic design, town driveway permit, private well and buyer pays current use fee.   Beautiful scenic lot with stone walls.  Sought after location in Exeter School District, less than 15-20 min. to Newburyport, Portsmouth or Hampton Beach.  Enjoy the quality of life in this quaint town of Kensington, with numerous town trails, conservation land and beautiful Sawyer Park.
Unit Size
-
Days on Market
-
Land Size
2.61 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2021

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 #4801465)

Price History

Date / Event Date Event Price
Apr 29, 2022 Sold
Premium
Sold
Nov 23, 2021 Listed by Donna Carter Real Estate $1,300,000
Listed by Donna Carter Real Estate
Jun 30, 2021 Sold
Premium
Sold
Feb 12, 2021 Sold
Premium
Sold
Apr 15, 2020 Listed by Donna Carter Real Estate $215,000
Listed by Donna Carter Real Estate

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 90,300
  • Lot Size Frontage Feet: 0
  • Total Building Area: 5,152
  • Gross Building Area: 9,313
  • Building Area: 5,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,152
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002073
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • Census Tract: 062500

Zoning

  • Zoning: RES

Geography

  • Parcel: KENS M:00012 L:000045 S:0000A2
  • Lot: 45
  • Municipality: KENSINGTON
  • Latitude: 42.9398
  • Longitude: -70.9249

    Address

  • Full Address: 203 Drinkwater Rd
  • Address - House Number: 203
  • Address - Street Name: Drinkwater
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Kensington
  • Carrier Code: R003
  • 4-Digit Zip Code: 5623
  • Zip Code: 03833

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,802,300

    Appraisal Valuation

  • Standard Deviation: 0.1573
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 80
  • Final Value: 1,500,643
  • High Value: 1,736,788
  • Low Value: 1,264,498

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $907,500
  • Assessed Land Value: $200,300
  • Assessed Improvements Value: $707,200

    Sales

  • Current Sale Contract Date: Apr 28, 2022
  • Current Sale Recording Date: Apr 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 22018983
  • Previous Sale Recording Date: Jun 30, 2021
  • Previous Sale Contract Date: Jun 30, 2021
  • Previous Sale Amount: $325,000
  • 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 Rockingham

Stats & Trends

Median Asking:

$625,000

Sale Price/ft²

$251

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2903 ft²

Average Home Age

49.4 years

Currently For Sale

1044 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: Donna Carter, Donna Carter Real Estate
Last Updated Date: 2021-02-13
Last Checked: 6 hours ago
Data Source: Prime MLS, MLS# 4801465
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 203 Drinkwater Road built and last sold?
The property at 203 Drinkwater Road was built in 2021 and last sold on Apr 28, 2022 for $1,360,000.
How much is this home worth?
The estimated value of the home located at 203 Drinkwater Road is $1,295,756.
What are some comparable homes to 203 Drinkwater Road?
There are currently no comparable homes to 203 Drinkwater Road.
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