Listed by: Barbara Marsh, KW Coastal and Lakes & Mountains Realty, Selling Office: RE/MAX Shoreline, Listing Courtesy of Prime MLS
$64,900
●
Land -
Off Market
22 Richards Way
Farmington, NH 03851
Studio
0 Bath
$88,896
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model
About This Property
Exclusive 22 lot subdivsion with 34 acres of open space for the
homeowners enjoyment. It is close to the Spaulding turnpike for
easy commute to the seacoast,lakes and mountains. There is also
available a lot release with the money due at closing. The seller
needs to review the plans. This lot consists of a 1.26 acres with
152 feet of frontage.
Unit Size
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Days on Market
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Land Size
1.26 acres
Price per sqft
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Property Type
Land
Property Taxes
$102
HOA Dues
-
Year Built
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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 #4790562)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 11, 2023 | Sold | ||
| Sold | |||
| Mar 8, 2023 | Listed by New Space Real Estate, LLC | $574,900 | |
| Listed by New Space Real Estate, LLC | |||
| | |||
|
Welcome to Richards Way, Farmington's newest and most sought after neighborhood! The Cottage Au Gratin Premier is an exceptional Art Form design. This 1862 square foot house plan offers an open concept layout and a Master Suite on the main level, with 2 bedrooms and a full bath on the second floor. Standard appointments include shaker style cabinets with crown molding, under mount soft close doors and drawers, high efficiency stainless steel appliances, luxury vinyl plank flooring throughout the main living area, carpeting on second floor, Energy Star rated windows, maintenance free exteriors and more! Buyer allowance of $4000 for all counter tops, including vanities. Enjoy your back yard from your back deck. Several upgrades available to buyer. Customize your new home today! Convenient location, close to NH Route 16 and shopping centers.
| |||
| May 7, 2021 | Sold | ||
| Sold | |||
| Apr 29, 2021 | Listed by KW Coastal and Lakes & Mountains Realty | $79,900 | |
| Listed by KW Coastal and Lakes & Mountains Realty | |||
| | |||
|
Looking for a beautiful lot with amazing stonewalls, here it is.
| |||
| Aug 27, 2020 | Sold | ||
| Sold | |||
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About Strafford
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Listed by: Barbara Marsh, KW Coastal and Lakes & Mountains Realty
Last Updated Date: 2020-08-28
Last Checked: -2 hour ago
Data Source: Prime MLS, MLS# 4790562
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.
Last Updated Date: 2020-08-28
Last Checked: -2 hour ago
Data Source: Prime MLS, MLS# 4790562
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