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Hillsborough 03055
288 Melendy Road
Listed by: Theresa Grella, EXP Realty, Selling Office: Coldwell Banker Realty Nashua, Listing Courtesy of Prime MLS
$343,000
● Mobile Manufactured - Off Market

288 Melendy Road

Milford, NH 03055
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,456 Ft²
$1,989
Est. Monthly
8.12%
Cap Rate

About This Property

A modular home on a 1 acre lot - no park rules or park fees. There are 3 bedrooms, 2 full baths, living room, family room, dining area, porch, deck, and a one car garage. New flooring in several rooms, new kitchen backsplash, and new interior paint. The screened porch is a nice refuge to eat, relax, and entertain. All kitchen appliances will stay, including the dishwasher, refrigerator, and gas stove. A one car garage, patio, and deck round off the offerings. The seller is offering $5,000 towards the buyers' closing costs. Showings to begin on Sunday, June 9th at the Open House from 10 - 12.
Unit Size
1,456 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$227
Property Type
Mobile Manufactured
Property Taxes
$368
HOA Dues
-
Year Built
1998

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 #4999567)

Price History

Date / Event Date Event Price
Jul 12, 2024 Sold
Premium
Sold
Jun 13, 2024 In contract -
In contract
Jun 7, 2024 Listed by EXP Realty $330,000
Listed by EXP Realty
Oct 30, 2018 Sold
Premium
Sold
Sep 13, 2018 Listed by EXP Realty $205,000
Listed by EXP Realty
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,456
  • Gross Building Area: 3,292
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1006
  • County Land Use Code: 103
  • Mobile Home Indicator: T

Neighborhood

  • School District Name: Milford School District
  • School Tax School District: MILFORD
  • Census Tract: 016202

Zoning

  • Zoning: R

Geography

  • Account Number: 10776
  • Parcel: MFRD M:52 B:15 L:3
  • Block: 15
  • Lot: 3
  • Municipality: MILFORD
  • Latitude: 42.8033
  • Longitude: -71.6606

    Address

  • Full Address: 288 Melendy Rd
  • Address - House Number: 288
  • Address - Street Name: Melendy
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Milford
  • Carrier Code: R001
  • 4-Digit Zip Code: 3481
  • Zip Code: 03055

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $441,600

    Appraisal Valuation

  • Standard Deviation: 0.1545
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 382,935
  • High Value: 442,102
  • Low Value: 323,769

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,200
  • Assessed Land Value: $71,300
  • Assessed Improvements Value: $127,900

    Sales

  • Current Sale Recording Date: Oct 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8048583
  • Previous Sale Recording Date: Aug 14, 2006
  • Previous Sale Amount: $203,900
  • 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 Hillsborough

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$214

Below Asking

0.01%

Average Days on Market

50

Average Home Size

3338 ft²

Average Home Age

59.8 years

Currently For Sale

686 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 20 Ledgewood, Milford, 03055

$2,600 /mo

  • 2 Beds
  • 1 Bath
  • 2,644 ft²
20 Ledgewood, Milford, 03055 Listing by Ingrid Michaelis

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Theresa Grella, EXP Realty
Last Updated Date: 2024-07-13
Last Checked: less than 1 hour ago
Data Source: Prime MLS, MLS# 4999567
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 288 Melendy Road built and last sold?
The property at 288 Melendy Road was built in 1998 and last sold on Jan 1, 1970 for $210,000.
How much is this home worth?
The estimated value of the home located at 288 Melendy Road is $323,312.
What are some comparable homes to 288 Melendy Road?
There are currently no comparable homes to 288 Melendy Road.
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