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Merrimack 03229
245 Bound Tree Road
Listed by: Jim Knowlton, Keller Williams Gateway Realty, Selling Office: Keller Williams Gateway Realty, Listing Courtesy of Prime MLS
$164,500
● House - Off Market

245 Bound Tree Road

Hopkinton, NH 03229
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,512 Ft²
$326,422
RealtyHop Estimate
86.63%
Since Dec 1, 2014
National-US
Primary Model

About This Property

245 Bound Tree Rd, Hopkinton. Ranch style home on 2.75 +/- acres, having approximately 1,512 +/- SF with 3 bedrooms and 2 baths and an attached 2 car garage. Full basement. Sold as-is and subject to seller's addendums.
Unit Size
1,512 Ft²
Days on Market
-
Land Size
2.75 acres
Price per sqft
$116
Property Type
House
Property Taxes
$602
HOA Dues
-
Year Built
1988

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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: 2 years ago (Prime MLS #4369256)

Price History

Date / Event Date Event Price
Jul 5, 2023 Sold
Premium
Sold
May 3, 2023 Listed by Keller Williams Gateway Realty $434,900
Listed by Keller Williams Gateway Realty
May 5, 2020 Sold
Premium
Sold
Mar 13, 2020 Listed by Keller Williams Gateway Realty $279,900
Listed by Keller Williams Gateway Realty
Nov 24, 2014 Sold
Premium
Sold
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 119,790
  • Total Building Area: 2,106
  • Gross Building Area: 3,938
  • Building Area: 2,106
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,106
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002750
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hopkinton School District
  • School Tax School District: HOPKINTON
  • Census Tract: 039000

Zoning

  • Zoning: R-3

Geography

  • Parcel: HOPN M:00221 B:000056 L:000000
  • Block: 56
  • Municipality: HOPKINTON
  • Latitude: 43.2237
  • Longitude: -71.7327

    Address

  • Full Address: 245 Bound Tree Rd
  • Address - House Number: 245
  • Address - Street Name: Bound Tree
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Contoocook
  • Carrier Code: R002
  • 4-Digit Zip Code: 3124
  • Zip Code: 03229

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,007,900

    Appraisal Valuation

  • Standard Deviation: 0.1569
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 80
  • Final Value: 484,580
  • High Value: 560,651
  • Low Value: 408,508

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $287,800
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $202,800

    Sales

  • Current Sale Contract Date: Jun 30, 2023
  • Current Sale Recording Date: Jul 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202300009050
  • Previous Sale Recording Date: May 05, 2020
  • Previous Sale Contract Date: Apr 30, 2020
  • Previous Sale Amount: $272,000
  • 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 Merrimack

Stats & Trends

Median Asking:

$485,000

Sale Price/ft²

$201

Below Asking

0.01%

Average Days on Market

56

Average Home Size

3297 ft²

Average Home Age

73.2 years

Currently For Sale

475 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: Jim Knowlton, Keller Williams Gateway Realty
Last Updated Date: 2024-11-24
Last Checked: -3 hour ago
Data Source: Prime MLS, MLS# 4369256
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 245 Bound Tree Road built and last sold?
The property at 245 Bound Tree Road was built in 1988 and last sold on Jun 30, 2023 for $487,000.
How much is this home worth?
The estimated value of the home located at 245 Bound Tree Road is $0.
What are some comparable homes to 245 Bound Tree Road?
There are currently no comparable homes to 245 Bound Tree Road.
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