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21 Laurel Lane
Listed by: Don Lapointe, Badger Peabody & Smith Realty, Selling Office: RE/MAX Northern Edge Realty/Colebrook, Listing Courtesy of Prime MLS
$495,000
● House - Off Market

21 Laurel Lane

Milan, NH 03588
bedrooms
3 Beds
bathrooms
0 Bath
square feet
2,278 Ft²
$3,378
Est. Monthly
3.73%
Cap Rate

About This Property

Beautiful three-bedroom ranch situated on 8.6 acres of land with water frontage on the Androscoggin River. Property comes with a barn, shed, and 60' x 60' garage with a heated room. Sellers, within the last two years, converted the attached two car garage into a spacious primary bedroom, large walk-in closet, and bathroom. The new bathroom features a walk-in shower with two shower heads. The eat-in kitchen and living room is open concept with vaulted ceiling. There are two additional large bedrooms, and a ¾ bath with laundry area.  For three season enjoyment, there is a sunroom overlooking the back yard. This home has a lot to offer, and a must see to be fully appreciated.
Unit Size
2,278 Ft²
Days on Market
-
Land Size
8.67 acres
Price per sqft
$250
Property Type
House
Property Taxes
$579
HOA Dues
-
Year Built
1977

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 #4952518)

Price History

Date / Event Date Event Price
Jun 7, 2024 Sold
Premium
Sold
Apr 29, 2024 In contract -
In contract
May 13, 2023 Listed by Badger Peabody & Smith Realty $570,000
Listed by Badger Peabody & Smith Realty
Jun 7, 2021 Sold
Premium
Sold
Apr 15, 2021 Listed by Badger Peabody & Smith Realty $417,000
Listed by Badger Peabody & Smith Realty

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 23
  • 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
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 377,665
  • Total Building Area: 2,518
  • Gross Building Area: 6,435
  • Building Area: 2,518
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,518
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000008670
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Milan School District
  • School Tax School District: MILAN
  • Census Tract: 950300

Zoning

  • Zoning: RURAL

Geography

  • Parcel: MILA M:00044 L:000119 S:000000
  • Lot: 119
  • Municipality: MILAN
  • Latitude: 44.5595
  • Longitude: -71.1788

    Address

  • Full Address: 21 Laurel Ln
  • Address - House Number: 21
  • Address - Street Name: Laurel
  • Address - Suffix Type: Ln
  • State: NH
  • City Name: Milan
  • Carrier Code: R001
  • 4-Digit Zip Code: 3534
  • Zip Code: 03588

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $648,600

    Appraisal Valuation

  • Standard Deviation: 0.1345
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 84
  • Final Value: 600,661
  • High Value: 681,486
  • Low Value: 519,835

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $318,400
  • Assessed Land Value: $84,200
  • Assessed Improvements Value: $234,200

    Sales

  • Current Sale Contract Date: Jun 03, 2021
  • Current Sale Recording Date: Jun 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2102976
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 Coos

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$115

Below Asking

0.03%

Average Days on Market

81

Average Home Size

2826 ft²

Average Home Age

83.2 years

Currently For Sale

359 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: Don Lapointe, Badger Peabody & Smith Realty
Last Updated Date: 2024-06-08
Last Checked: 1 hour ago
Data Source: Prime MLS, MLS# 4952518
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 21 Laurel Lane built and last sold?
The property at 21 Laurel Lane was built in 1977 and last sold on Jun 3, 2021 for $417,000.
How much is this home worth?
The estimated value of the home located at 21 Laurel Lane is $557,933.
What are some comparable homes to 21 Laurel Lane?
There are currently no comparable homes to 21 Laurel Lane.
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