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Meredith 03253
28 Red Gate Lane
Listed by: Brian Jolicoeur, NH 1 Realty LLC, Selling Office: NH 1 Realty LLC, Listing Courtesy of Prime MLS
$210,000
● House - Off Market

28 Red Gate Lane

Meredith, NH 03253
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,056 Ft²
$166,877
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Steps from downtown Meredith.  1974 two bedroom Double Wide with town water.  Property needs renovation. Town Sewer at the street.  This property will not be able to be financed. So must be a cash sale.  Subject to receiving court approval for license to sell.  Property being "SOLD AS IS AS SEEN WITH NO WARRANTIES".
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$159
Property Type
House
Property Taxes
$132
HOA Dues
-
Year Built
1974

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 #4964544)

Price History

Date / Event Date Event Price
Oct 13, 2023 Sold
Premium
Sold
Aug 7, 2023 Listed by NH 1 Realty LLC $167,500
Listed by NH 1 Realty LLC
Apr 3, 2002 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • 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: 18,731
  • Total Building Area: 1,056
  • Gross Building Area: 2,643
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000430
  • Standard Land Use Code: 1006
  • County Land Use Code: 103
  • Mobile Home Indicator: T

Neighborhood

  • School District Name: Inter-Lakes School District
  • School Tax School District: INTERLAKES COOP
  • Census Tract: 965300

Zoning

  • Zoning: R

Geography

  • Account Number: 48630
  • District: MERE
  • Parcel: MERE M:00U08 B:0003A
  • Block: 3A
  • Municipality: MEREDITH
  • Latitude: 43.6576
  • Longitude: -71.5061

    Address

  • Full Address: 28 Red Gate Ln
  • Address - House Number: 28
  • Address - Street Name: Red Gate
  • Address - Suffix Type: Ln
  • State: NH
  • City Name: Meredith
  • Zip Code: 03253

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $157,100

    Appraisal Valuation

  • Standard Deviation: 0.108
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 89
  • Final Value: 164,262
  • High Value: 182,012
  • Low Value: 146,512

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $158,800
  • Assessed Land Value: $150,100
  • Assessed Improvements Value: $8,700

    Sales

  • Current Sale Recording Date: Apr 03, 2002
  • Current Sale Price:
    Premium
  • Current 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 Meredith

Stats & Trends

Median Asking:

$575,000

Sale Price/ft²

$235

Below Asking

0.03%

Average Days on Market

44

Average Home Size

3355 ft²

Average Home Age

97.8 years

Currently For Sale

9 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 25 Lang, Meredith, 03253

$2,000 /mo

  • 1 Bed
  • 1 Bath
  • 960 ft²
25 Lang #B, Meredith, 03253 Listing by Jessica Haines

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Brian Jolicoeur, NH 1 Realty LLC
Last Updated Date: 2023-10-13
Last Checked: -2 hour ago
Data Source: Prime MLS, MLS# 4964544
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 28 Red Gate Lane built and last sold?
The property at 28 Red Gate Lane was built in 1974 and last sold on Jan 1, 1970 for $86,000.
How much is this home worth?
The estimated value of the home located at 28 Red Gate Lane is $0.
What are some comparable homes to 28 Red Gate Lane?
There are currently no comparable homes to 28 Red Gate Lane.
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