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Belknap
238 Parade Road
Listed by: Derek Greene, Derek Greene, Selling Office: Legacy Group/ Real Broker NH, LLC, Listing Courtesy of Prime MLS
$345,000
● House - Off Market

238 Parade Road

Barnstead, NH 03218
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,220 Ft²
$340,073
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Bring your imagination and creativity. So many possibilities with this property. It has 2 houses on 1.4 acres with waterfront access and a dock on the Suncook river. The main house is a 3 bedroom and 1 baths. The 2nd house is a 1 bedroom 1 bath and is currently rented for $800/mth. Tenants are willing to stay or go depending on buyers' needs. There is a camp down by the river. There is a shed and a workshop with a huge parking area on the property. This could make an AirBnB, live in the main house and keep tenants to help pay your mortgage, or live in 1 house and have guests in the other house. Property is being sold as-is and will need TLC and upgrades. Don't miss this unique property!
Unit Size
2,220 Ft²
Days on Market
-
Land Size
1.40 acres
Price per sqft
$146
Property Type
House
Property Taxes
$602
HOA Dues
-
Year Built
-

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 #4928834)

Price History

Date / Event Date Event Price
Oct 17, 2022 Sold
Premium
Sold
Sep 8, 2022 Listed by Derek Greene $325,000
Listed by Derek Greene
Feb 1, 2022 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Building Count: 2
  • 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
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 60,984
  • 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: R
  • Land Acres: 0000001400
  • Standard Land Use Code: 1100
  • County Land Use Code: 109

Neighborhood

  • School District Name: Barnstead School District
  • School Tax School District: BARNSTEAD
  • Census Tract: 965700

Zoning

  • Zoning: 203 SU

Geography

  • Parcel: BRND M:00002 L:000062 S:000000
  • Lot: 62
  • Municipality: BARNSTEAD
  • Latitude: 43.3366
  • Longitude: -71.2851

    Address

  • Full Address: 238 Parade Rd
  • Address - House Number: 238
  • Address - Street Name: Parade
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Barnstead
  • Carrier Code: R003
  • 4-Digit Zip Code: 3678
  • Zip Code: 03218

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $713,000

    Appraisal Valuation

  • Standard Deviation: 0.1903
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 564,017
  • High Value: 671,350
  • Low Value: 456,683

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $330,100
  • Assessed Land Value: $86,600
  • Assessed Improvements Value: $243,500

    Sales

  • Current Sale Contract Date: Oct 17, 2022
  • Current Sale Recording Date: Oct 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2211781
  • Previous Sale Recording Date: Feb 01, 2022
  • Previous Sale Contract Date: Jan 31, 2022
  • Previous Sale Amount: $250,000
  • 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 Belknap

Stats & Trends

Median Asking:

$529,900

Sale Price/ft²

$230

Below Asking

0.02%

Average Days on Market

65

Average Home Size

2745 ft²

Average Home Age

50.6 years

Currently For Sale

533 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 44 Suncook Valley, Barnstead, 03218

$3,900 /mo

  • 3 Beds
  • 2 Baths
  • 3,160 ft²
44 Suncook Valley, Barnstead, 03218 Listing by Maggie Locke Emerson

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Derek Greene, Derek Greene
Last Updated Date: 2022-11-07
Last Checked: -1 hour ago
Data Source: Prime MLS, MLS# 4928834
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 238 Parade Road built and last sold?
The property at 238 Parade Road was built in and last sold on Oct 17, 2022 for $345,000.
How much is this home worth?
The estimated value of the home located at 238 Parade Road is $0.
What are some comparable homes to 238 Parade Road?
There are currently no comparable homes to 238 Parade Road.
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