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Cheshire 03470
242 Richmond Road
Listed by: Jerry Chandler, R.H. Thackston & Company, Selling Office: R.H. Thackston & Company, Listing Courtesy of Prime MLS
$112,000
● House - Off Market

242 Richmond Road

Winchester, NH 03470
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,392 Ft²
$212,793
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model

About This Property

Ideal starter or retirement home. This 8 room, 2-3 bedroom, 1 bath Cape style home is located on a 1.56 acre lot with a beautiful, level backyard. 1st floor includes kitchen, dining room, living room, office/den, master bedroom with 2 closets, utility room and 1 full bath. 2 addition rooms on 2nd floor. Range, 2 refrigerators, washer, dryer and 8'x12' shed will stay. Metal roof on home, garage and shed that is 8 years old. House is vinyl sided for low maintenance. Detached 1 car garage with opener. Screened in porch 12'x14" attached to garage has entry deck 5'6"x12'. Deck off utility room 8'x16'6", open porch 5'10"x16'. Property includes town water and sewer
Unit Size
1,392 Ft²
Days on Market
-
Land Size
1.56 acres
Price per sqft
$86
Property Type
House
Property Taxes
$349
HOA Dues
-
Year Built
1930

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 #4442194)

Price History

Date / Event Date Event Price
Sep 29, 2015 Sold
Premium
Sold
Aug 3, 2015 Listed by R.H. Thackston & Company $119,900
Listed by R.H. Thackston & Company
Oct 24, 2003 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • 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: 67,954
  • Total Building Area: 1,564
  • Gross Building Area: 3,054
  • Building Area: 1,564
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,564
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001560
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Winchester School District
  • School Tax School District: WINCHESTER
  • Census Tract: 971700

Zoning

  • Zoning: RES-S

Geography

  • Parcel: WNCH M:00022 B:000029 L:000000
  • Block: 29
  • Municipality: WINCHESTER
  • Latitude: 42.7647
  • Longitude: -72.3629

    Address

  • Full Address: 242 Richmond Rd
  • Address - House Number: 242
  • Address - Street Name: Richmond
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Winchester
  • Carrier Code: R004
  • 4-Digit Zip Code: 2515
  • Zip Code: 03470

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $438,500

    Appraisal Valuation

  • Standard Deviation: 0.2427
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 65
  • Final Value: 272,638
  • High Value: 338,826
  • Low Value: 206,451

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $138,400
  • Assessed Land Value: $36,800
  • Assessed Improvements Value: $101,600

    Sales

  • Current Sale Recording Date: Sep 29, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1507775
  • Previous Sale Recording Date: Oct 24, 2003
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: 27
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 Cheshire

Stats & Trends

Median Asking:

$399,000

Sale Price/ft²

$170

Below Asking

0.02%

Average Days on Market

60

Average Home Size

3142 ft²

Average Home Age

88 years

Currently For Sale

204 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

Rentals Near You

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Prime

Listed by: Jerry Chandler, R.H. Thackston & Company
Last Updated Date: 2015-09-29
Last Checked: 5 hours ago
Data Source: Prime MLS, MLS# 4442194
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 242 Richmond Road built and last sold?
The property at 242 Richmond Road was built in 1930 and last sold on Jan 1, 1970 for $125,333.
How much is this home worth?
The estimated value of the home located at 242 Richmond Road is $128,541.
What are some comparable homes to 242 Richmond Road?
There are currently no comparable homes to 242 Richmond Road.
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