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Rockingham
23 Raeder Drive
Listed by: Cameron Avery, Bean Group / Portsmouth, Selling Office: Classified Realty Group, Listing Courtesy of Prime MLS
$505,000
● House - Off Market

23 Raeder Drive

Stratham, NH 03885
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,906 Ft²
$558,918
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Showings start Saturday 2/13 from 10-1.  Are you looking for a centrally located, three bedroom two and half bathroom home with a beautiful backyard on a quiet road?  Look no further!  This home, located in Stratham New Hampshire, boasts a two car attached garage, vinyl siding, and a recently updated metal roof.  Opportunity abounds to make this home your own, located within minutes of all the Seacoast has to offer.  Showings start Saturday 2/13 from 10-1.
Unit Size
1,906 Ft²
Days on Market
-
Land Size
1.03 acres
Price per sqft
$247
Property Type
House
Property Taxes
$644
HOA Dues
-
Year Built
1979

Payment Calculator (Computations Provided by RealtyHop)

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Cap Rate Calculator

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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 #4846800)

Price History

Date / Event Date Event Price
May 6, 2021 Sold
Premium
Sold
Feb 10, 2021 Listed by Bean Group / Portsmouth $469,900
Listed by Bean Group / Portsmouth
Dec 4, 1998 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,100
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 44,867
  • Total Building Area: 2,341
  • Gross Building Area: 3,808
  • Building Area: 2,341
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,341
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001030
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Exeter Regional Cooperative School District
  • Census Tract: 067000

Zoning

  • Zoning: RA

Geography

  • Parcel: STRH M:00012 B:000015 L:000000
  • Block: 15
  • Municipality: STRATHAM
  • Latitude: 43.0125
  • Longitude: -70.9256

    Address

  • Full Address: 23 Raeder Dr
  • Address - House Number: 23
  • Address - Street Name: Raeder
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: Stratham
  • Carrier Code: R003
  • 4-Digit Zip Code: 2314
  • Zip Code: 03885

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $852,900

    Appraisal Valuation

  • Standard Deviation: 0.1525
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 655,867
  • High Value: 755,895
  • Low Value: 555,838

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $407,900
  • Assessed Land Value: $192,700
  • Assessed Improvements Value: $215,200

    Sales

  • Current Sale Contract Date: May 06, 2021
  • Current Sale Recording Date: May 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21030243
  • Previous Sale Recording Date: Dec 04, 1998
  • Previous Sale Amount: $213,000
  • Previous Sale Document Type: 71

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
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 Rockingham

Stats & Trends

Median Asking:

$625,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2899 ft²

Average Home Age

49.3 years

Currently For Sale

1014 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 153 Portsmouth, Stratham, 03885

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 750 ft²
153 Portsmouth #203, Stratham, 03885 Listing by Darlene Colwell-Ellis

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Cameron Avery, Bean Group / Portsmouth
Last Updated Date: 2022-08-31
Last Checked: less than 1 hour ago
Data Source: Prime MLS, MLS# 4846800
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 23 Raeder Drive built and last sold?
The property at 23 Raeder Drive was built in 1979 and last sold on May 6, 2021 for $505,000.
How much is this home worth?
The estimated value of the home located at 23 Raeder Drive is $480,794.
What are some comparable homes to 23 Raeder Drive?
There are currently no comparable homes to 23 Raeder Drive.
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