46
Map
263 Milan
About This Property
Listed By
Payment Calculator (Computations Provided by RealtyHop)
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 23, 2026 | Listed by RE/MAX Northern Edge Realty LLC | $525,000 | |
| Listed by RE/MAX Northern Edge Realty LLC | |||
| Feb 6, 2026 | Price Decreased |
$517,900
↓ $132K
(20.3%) | |
| Price Decreased | |||
| Sep 28, 2025 | Listed by Owl's Nest Real Estate | $649,900 | |
| Listed by Owl's Nest Real Estate | |||
| |||
|
Discover 263 Milan Road, a rare mixed-use property offering both residential comfort and commercial flexibility in Milan, NH. Built in 2024, this ranch-style home sits on 1.25 acres with 287 feet of frontage on Route 16, giving it prime visibility and convenient access. With no deed restrictions, the property is suited for a wide variety of uses—whether you want a private residence, a live/work setup, or a dedicated business location. The attached garage/barn has been used commercially, while the home itself provides modern single-level living on a full crawl-space foundation. A brand-new septic system was installed in 2025, adding long-term reliability and peace of mind. The home is nearly complete, fully livable now with just a few finishing details remaining, and also offers additional upstairs space ready to be finished to your liking. Right across the street is the Androscoggin River, known for fishing, kayaking, and tubing. The historic 1937 Nansen Ski Jump, one of the most recognizable landmarks in the North Country, stands just down the road. For outdoor enthusiasts, this area is a gateway to year-round recreation: ATV and UTV trailheads only minutes away, snowmobiling access nearby, and just a 20-minute drive to Jericho Mountain State Park. Hiking, hunting, and exploring the White Mountains are right at your doorstep. Best of all, the home is situated outside the newest FEMA flood zone, offering peace of mind while still maintaining close proximity to the river.
| |||
| Oct 13, 2023 | Sold | ||
| Sold | |||
| Aug 22, 2023 | Listed by Northwind Realty | $95,000 | |
| Listed by Northwind Realty | |||
| | |||
|
This country lot once had a home. The home is no longer but there is a beautiful barn with lots of room for use. Power pole is on site but not connected and there was once power to the Barn. Close to all the Great North Woods has to offer, skiing, snow machining, ATV riding, hiking, swimming, golf, hunting... whatever you enjoy doing. Bring your campers & bring your friends for all to enjoy. No deed restrictions. Located between the Milan Ski Jump and Milan Lumber Yard.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017