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Merrimack
29 Poor Richards Dr
$499,000
● House - Off Market

29 Poor Richards Dr

Bow, NH 03304
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,923 Ft²
$496,205
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

New to market! Welcome to Bow!! This home is move in ready, with hardwood floors throughout the first floor. Large family room with fireplace and an additional living room. Home has 3 bedrooms, 3 bathrooms, 2 car attached garage, and a large yard at 1.06 acres. As an added bonus there is a finished basement and a 4 season room. House is set back off the road for added privacy! Generator hookups are available here. The heating system, well pump, siding, and roof have all been updated in the last 5 yrs. Easy to show, sitting vacant, and a quick close is possible.
Unit Size
1,923 Ft²
Days on Market
-
Land Size
1.06 acres
Price per sqft
$259
Property Type
House
Property Taxes
$640
HOA Dues
-
Year Built
1978

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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: 4 months ago (MLSPIN #73113793)

Price History

Date / Event Date Event Price
Aug 25, 2023 Sold
Premium
Sold
Jun 6, 2023 In contract -
In contract
May 18, 2023 Listed by AmeraBay $499,000
Listed by AmeraBay
May 18, 2023 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,002
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 46,174
  • Total Building Area: 1,923
  • Gross Building Area: 4,004
  • Building Area: 1,923
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,923
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001060
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: M:020 B:005 L:65; 1-FAM RES

Neighborhood

  • School District Name: Bow School District
  • School Tax School District: BOW
  • Census Tract: 031001

Zoning

  • Zoning: RES

Geography

  • Account Number: 5.065.000.000
  • District: BOWW
  • Parcel: BOWW M:020 B:005 L:65
  • Block: 5
  • Lot: 65
  • Municipality: BOW
  • Latitude: 43.1568
  • Longitude: -71.5221

    Address

  • Full Address: 29 Poor Richards Dr
  • Address - House Number: 29
  • Address - Street Name: Poor Richards
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: Bow
  • Carrier Code: C038
  • 4-Digit Zip Code: 3506
  • Zip Code: 03304

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $838,200

    Appraisal Valuation

  • Standard Deviation: 0.0768
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 94
  • Final Value: 520,424
  • High Value: 560,403
  • Low Value: 480,444

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $301,400
  • Assessed Land Value: $102,700
  • Assessed Improvements Value: $198,700

    Sales

  • Current Sale Contract Date: Aug 25, 2023
  • Current Sale Recording Date: Aug 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202300012147
  • Previous Sale Recording Date: May 18, 2023
  • Previous Sale Contract Date: May 18, 2023
  • Previous Sale Amount: $366,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73113793

Frequently Asked Questions

When was property at 29 Poor Richards Drive built and last sold?
The property at 29 Poor Richards Drive was built in 1978 and last sold on Aug 25, 2023 for $499,000.
How much is this home worth?
The estimated value of the home located at 29 Poor Richards Drive is $488,599.
What are some comparable homes to 29 Poor Richards Drive?
There are currently no comparable homes to 29 Poor Richards Drive.
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