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255 Milan Road
Listed by: Matthew Martel, RE/MAX Northern Edge Realty LLC, Selling Office: A Non PrimeMLS Agency, Listing Courtesy of Prime MLS
$150,000
● House - Off Market

255 Milan Road

Milan, NH 03588
bedrooms
2 Beds
bathrooms
1 Bath
square feet
787 Ft²
$912
Est. Monthly
13.04%
Cap Rate

About This Property

Charming 2-bedroom, 1-bath home on an acre of land with detached garage. The garage has an additional room that could be used as a workshop, guests or storage. Currently the 2nd bedroom is being used as the laundry room, but there is an area in the kitchen where a stackable washer and dryer was once installed. This well maintained home has a beautiful living area with an abundance of windows to let the natural light shine through. Featuring a dining area and a spacious kitchen that offers ample cabinet and counter space. Outside, a new patio and fire-pit, garden area along with an outbuilding, complement the backyard, providing ample privacy and space for outdoor enjoyment. Hot air furnace installed 2 years ago, metal roofing on both the home and garage, and plenty of off-street parking.
Unit Size
787 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$184
Property Type
House
Property Taxes
$199
HOA Dues
-
Year Built
1940

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 #4991872)

Price History

Date / Event Date Event Price
Aug 1, 2024 Sold
Premium
Sold
Apr 26, 2024 In contract -
In contract
Apr 18, 2024 Listed by RE/MAX Northern Edge Realty LLC $145,000
Listed by RE/MAX Northern Edge Realty LLC
Jan 5, 2021 Sold
Premium
Sold
Jun 3, 2011 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 5
  • 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: 43,560
  • Total Building Area: 802
  • Gross Building Area: 1,637
  • Building Area: 802
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 802
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Milan School District
  • School Tax School District: MILAN
  • Census Tract: 950300

Zoning

  • Zoning: RURAL

Geography

  • Parcel: MILA M:00042 L:000012 S:000000
  • Lot: 12
  • Municipality: MILAN
  • Latitude: 44.5432
  • Longitude: -71.1754

    Address

  • Full Address: 255 Milan Rd
  • Address - House Number: 255
  • Address - Street Name: Milan
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Milan
  • Carrier Code: R001
  • 4-Digit Zip Code: 3319
  • Zip Code: 03588

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $223,300

    Appraisal Valuation

  • Standard Deviation: 0.166
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 66
  • Final Value: 194,799
  • High Value: 227,149
  • Low Value: 162,448

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $109,600
  • Assessed Land Value: $39,900
  • Assessed Improvements Value: $69,700

    Sales

  • Current Sale Contract Date: Dec 29, 2020
  • Current Sale Recording Date: Jan 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2100054
  • Previous Sale Recording Date: Jun 03, 2011
  • Previous Sale Amount: $54,000
  • 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 Coos

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$116

Below Asking

0.03%

Average Days on Market

85

Average Home Size

2860 ft²

Average Home Age

84.6 years

Currently For Sale

290 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: Matthew Martel, RE/MAX Northern Edge Realty LLC
Last Updated Date: 2024-08-01
Last Checked: less than 1 hour ago
Data Source: Prime MLS, MLS# 4991872
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 255 Milan Road built and last sold?
The property at 255 Milan Road was built in 1940 and last sold on Dec 29, 2020 for $90,000.
How much is this home worth?
The estimated value of the home located at 255 Milan Road is $0.
What are some comparable homes to 255 Milan Road?
There are currently no comparable homes to 255 Milan Road.
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