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Merrimack
288 Plains Road
Listed by: Richard Gowen, EXP Realty, Selling Office: RE/MAX Innovative Granite Group, Listing Courtesy of Prime MLS
$174,500
● Mobile Manufactured - Off Market

288 Plains Road

Andover, NH 03216
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,088 Ft²
$168,849
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Suitable for either a primary of second home this attractively priced home is situated on a lovely, level country acre. The original mobile home has received additions over the years and now boasts 2000 sqaure feet of living space. Ready for your cosmetic touches on the interior and trimming and tidying in the yard. A little sweat equity will help this property shine again.
Unit Size
2,088 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$81
Property Type
Mobile Manufactured
Property Taxes
$367
HOA Dues
-
Year Built
1982

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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 #4961188)

Price History

Date / Event Date Event Price
Aug 7, 2023 Sold
Premium
Sold
Jul 13, 2023 Listed by EXP Realty $169,800
Listed by EXP Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 23
  • 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: 2,088
  • Gross Building Area: 4,198
  • Building Area: 2,088
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,088
  • 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: Andover School District
  • School Tax School District: ANDOVER
  • Census Tract: 042500

Zoning

  • Zoning: RR R

Geography

  • Parcel: ANDV M:00004 B:000312 L:000278
  • Block: 312
  • Lot: 278
  • Municipality: ANDOVER
  • Latitude: 43.4244
  • Longitude: -71.7718

    Address

  • Full Address: 288 Plains Rd
  • Address - House Number: 288
  • Address - Street Name: Plains
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Andover
  • Carrier Code: R001
  • 4-Digit Zip Code: 4032
  • Zip Code: 03216

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $477,100

    Appraisal Valuation

  • Standard Deviation: 0.0801
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 94
  • Final Value: 176,382
  • High Value: 190,527
  • Low Value: 162,238

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $207,900
  • Assessed Land Value: $70,800
  • Assessed Improvements Value: $137,100
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:

$482,450

Sale Price/ft²

$201

Below Asking

0.01%

Average Days on Market

56

Average Home Size

3337 ft²

Average Home Age

72.3 years

Currently For Sale

460 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

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Prime

Listed by: Richard Gowen, EXP Realty
Last Updated Date: 2023-08-07
Last Checked: less than 1 hour ago
Data Source: Prime MLS, MLS# 4961188
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 Plains Road built and last sold?
The property at 288 Plains Road was built in 1982 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 288 Plains Road is $184,920.
What are some comparable homes to 288 Plains Road?
There are currently no comparable homes to 288 Plains Road.
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