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Strafford
22 Riverside Farm Drive
Listed by: Michelle Normandin, The Gove Group Real Estate, LLC, Selling Office: BHHS Verani Concord, Listing Courtesy of Prime MLS
$470,000
● House - Off Market

22 Riverside Farm Drive

Lee, NH 03861
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,792 Ft²
$459,365
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
Unit Size
1,792 Ft²
Days on Market
-
Land Size
0.72 acres
Price per sqft
$251
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1989

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 #4921038)

Price History

Date / Event Date Event Price
Jul 19, 2022 Sold
Premium
Sold
Jul 15, 2022 Listed by The Gove Group Real Estate, LLC $449,000
Listed by The Gove Group Real Estate, LLC
Aug 23, 2018 No longer available -
No longer available
Jun 19, 2018 Sold
Premium
Sold
Jun 11, 2018 Listed by The Gove Group Real Estate, LLC $329,900
Listed by The Gove Group Real Estate, LLC
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 31,363
  • Total Building Area: 1,659
  • Gross Building Area: 3,216
  • Building Area: 1,659
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,659
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000720
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Oyster River Cooperative School District
  • School Tax School District: OYSTER RIV COOP
  • Census Tract: 080500

Zoning

  • Zoning: RES

Geography

  • Parcel: LLEE M:00026 B:000011 L:001400
  • Block: 11
  • Lot: 1400
  • Municipality: LEE
  • Latitude: 43.087
  • Longitude: -71.0221

    Address

  • Full Address: 22 Riverside Farm Dr
  • Address - House Number: 22
  • Address - Street Name: Riverside Farm
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: Lee
  • Carrier Code: R005
  • 4-Digit Zip Code: 6215
  • Zip Code: 03861

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $887,300

    Appraisal Valuation

  • Standard Deviation: 0.1477
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 82
  • Final Value: 521,782
  • High Value: 598,867
  • Low Value: 444,697

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $375,500
  • Assessed Land Value: $205,800
  • Assessed Improvements Value: $169,700

    Sales

  • Current Sale Contract Date: Jul 15, 2022
  • Current Sale Recording Date: Jul 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 220010825
  • Previous Sale Recording Date: Jun 19, 2018
  • Previous Sale Amount: $328,133
  • 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 Strafford

Stats & Trends

Median Asking:

$515,000

Sale Price/ft²

$218

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2959 ft²

Average Home Age

59.7 years

Currently For Sale

299 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 11 Hobbs, Lee, 03861

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1 ft²
11 Hobbs, Lee, 03861 Listing by Natalie Mendoza

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Michelle Normandin, The Gove Group Real Estate, LLC
Last Updated Date: 2022-07-15
Last Checked: 4 hours ago
Data Source: Prime MLS, MLS# 4921038
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 22 Riverside Farm Drive built and last sold?
The property at 22 Riverside Farm Drive was built in 1989 and last sold on Jul 15, 2022 for $470,000.
How much is this home worth?
The estimated value of the home located at 22 Riverside Farm Drive is $448,028.
What are some comparable homes to 22 Riverside Farm Drive?
There are currently no comparable homes to 22 Riverside Farm Drive.
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