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Berlin 03570
2227 Riverside Drive
Listed by: Janet Nickerson, Badger Peabody & Smith Realty, Selling Office: RE/MAX Northern Edge Realty LLC, Listing Courtesy of Prime MLS
$425,000
● House - Off Market

2227 Riverside Drive

Berlin, NH 03570
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
7,355 Ft²
$475,315
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Mixed use property totalling 5.7 acres. Nice 3 bedroom home, plus 2 bedroom apartment. There is a well kept rustic barn for venues, 3 large parking lots, lobby for parties, large function hall for events, and even 1.7 acres of riverfront, across the highway for boating, fishing, and camping. Several rest rooms in the lobby and barn and events and venues.  Well insulated home, new septic system, new bridge over the babbling brook to the pond along the property.  Drilled well in front of the house. Concrete basement with high ceiling, walk up attic large enough to add more bedrooms or an ensuite.
Unit Size
7,355 Ft²
Days on Market
-
Land Size
5.70 acres
Price per sqft
$61
Property Type
House
Property Taxes
$720
HOA Dues
-
Year Built
1850

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 #4881567)

Price History

Date / Event Date Event Price
Jan 4, 2023 Sold
Premium
Sold
Sep 8, 2021 Listed by Badger Peabody & Smith Realty $449,000
Listed by Badger Peabody & Smith Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1850
  • Effective Year Built: 1850
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • 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: 174,240
  • Total Building Area: 6,903
  • Gross Building Area: 10,824
  • Building Area: 6,903
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 6,903
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Land Acres: 0000004000
  • Standard Land Use Code: 2044
  • County Land Use Code: 013

Neighborhood

  • School District Name: Berlin School District
  • School Tax School District: BERLIN
  • Census Tract: 950700

Zoning

  • Zoning: RR

Geography

  • Account Number: 404000010000000
  • Parcel: BELN M:00404 B:000010 L:000000
  • Block: 10
  • Municipality: BERLIN
  • Latitude: 44.5227
  • Longitude: -71.1634

    Address

  • Full Address: 2227 Riverside Dr
  • Address - House Number: 2227
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: Berlin
  • Carrier Code: R003
  • 4-Digit Zip Code: 3745
  • Zip Code: 03570

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,273,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $473,400
  • Assessed Land Value: $43,300
  • Assessed Improvements Value: $430,100

    Sales

  • Current Sale Contract Date: Dec 30, 2022
  • Current Sale Recording Date: Jan 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2300026
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 Berlin

Stats & Trends

Median Asking:

$177,000

Sale Price/ft²

$74

Below Asking

0.04%

Average Days on Market

75

Average Home Size

2800 ft²

Average Home Age

100.4 years

Currently For Sale

119 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

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Prime

Listed by: Janet Nickerson, Badger Peabody & Smith Realty
Last Updated Date: 2023-01-03
Last Checked: 3 hours ago
Data Source: Prime MLS, MLS# 4881567
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 2227 Riverside Drive built and last sold?
The property at 2227 Riverside Drive was built in 1850 and last sold on Dec 30, 2022 for $425,000.
How much is this home worth?
The estimated value of the home located at 2227 Riverside Drive is $0.
What are some comparable homes to 2227 Riverside Drive?
There are currently no comparable homes to 2227 Riverside Drive.
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