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Gorham 03581
21 Promenade
Photo of 21 Promenade
Sold on Aug 5, 2026

3

Map

Photo of 21 Promenade
Photo of 21 Promenade
Listed by: Jennifer Stewart, RE/MAX Northern Edge Realty LLC, 603-752-0003 Selling Office: KW Coastal and Lakes & Mountains Realty/N Conway, Listing Courtesy of Prime MLS
$64,000
● Land - Off Market

21 Promenade

Gorham, NH 03581
bedrooms
Studio
bathrooms
0 Bath
$384
Est. Monthly

About This Property

Seize the rare chance to build your dream home in the heart of town, boasting just under an acre of real estate. There are very few in town lots available!  A significant advantage for those looking to build, the property comes with a pre-approved septic plan, streamlining the development process.  Perfectly situated within walking distance to local schools, parks, and a vibrant array of shops. ATV and Snowmobile from this property.  Septic design available.
Unit Size
-
Days on Market
-
Land Size
0.91 acres
Price per sqft
-
Property Type
Land
Property Taxes
$69
HOA Dues
-
Year Built
-

Payment Calculator (Computations Provided by RealtyHop)

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Cap Rate Calculator

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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: 2 months ago (Prime MLS #4990354)

Price History

Date / Event Date Event Price
Aug 5, 2026 Sold
Premium
Sold
Jul 20, 2026 In contract -
In contract
Apr 5, 2024 Listed by RE/MAX Northern Edge Realty LLC $64,000
Listed by RE/MAX Northern Edge Realty LLC
May 12, 2020 Sold
Premium
Sold
Apr 5, 2020 Listed by RE/MAX Northern Edge Realty LLC $29,900
Listed by RE/MAX Northern Edge Realty LLC
There are very few in town lots available! A great place to build your dream home. ATV and Snowmobile from this property.

Property Highlights

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: 39,596
  • 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: 0000000909
  • Standard Land Use Code: 8001
  • County Land Use Code: 130
  • Legal Description 1: M:U3 L:51; RES DEV LAND

Neighborhood

  • School District Name: Gorham Randolph Shelburne Cooperative School District
  • School Tax School District: GORHMRNDLPHSHLB
  • Census Tract: 950900

Zoning

  • Zoning: RA

Geography

  • Account Number: 322
  • District: GORH
  • Parcel: GORH M:U3 L:51
  • Lot: 51
  • Municipality: GORHAM
  • Latitude: 44.3842
  • Longitude: -71.1749

    Address

  • Full Address: 21 Promenade St
  • Address - House Number: 21
  • Address - Street Name: Promenade
  • Address - Suffix Type: St
  • State: NH
  • City Name: Gorham
  • Carrier Code: C002
  • 4-Digit Zip Code: 1608
  • Zip Code: 03581

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $71,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $29,400
  • Assessed Land Value: $29,400
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 Gorham

Stats & Trends

Median Asking:

$217,450

Sale Price/ft²

$95

Below Asking

0.06%

Average Days on Market

96

Average Home Size

3053 ft²

Average Home Age

115.1 years

Currently For Sale

15 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 429 Main, Gorham, 03581

$1,500 /mo

  • 2 Beds
  • 1,056 ft²
429 Main, Gorham, 03581 Listing by Kathleen Frisk

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Jennifer Stewart, RE/MAX Northern Edge Realty LLC
Last Updated Date: 2026-08-06
Last Checked: 4 hours ago
Data Source: Prime MLS, MLS# 4990354
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 Promenade Street built and last sold?
The property at 21 Promenade Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 21 Promenade Street is $64,640.
What are some comparable homes to 21 Promenade Street?
There are currently no comparable homes to 21 Promenade Street.
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