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Hillsborough
3 May Lane
Listed by: Dawna Banks, Foundation Realty Group, Selling Office: Keller Williams Gateway Realty/Salem, Listing Courtesy of Prime MLS
Bought with: Ellen Grant, Keller Williams Gateway Realty/Salem
$900,000
● House - Off Market

3 May Lane

Pelham, NH 03076
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,763 Ft²
$883,929
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Perfection inside and out!  This house has it all starting with a gorgeous cooks kitchen with a double gas stove, double dishwasher, subzero side by side refrigerator and a huge island and pantry!  Also on the first floor is a family room with gas fireplace and built-ins, a dining room with double tray ceilings, a den, and a laundry room, all with gorgeous hardwood flooring. Upstairs there are four bedrooms with an amazing primary bathroom and a bonus room.  Outside is one of the most gorgeous yards you will ever see with a salt water beach entry, in-ground heated pool and spa, outdoor grill and bar area, and landscaping for days! House also comes complete with a whole house generator, irrigation system and much more! Showings begin 7/23/22.
Unit Size
2,763 Ft²
Days on Market
-
Land Size
1.19 acres
Price per sqft
$308
Property Type
House
Property Taxes
$873
HOA Dues
-
Year Built
1999

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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 #4921947)

Price History

Date / Event Date Event Price
Sep 1, 2022 Sold
Premium
Sold
Jul 21, 2022 Listed by Foundation Realty Group $849,900
Listed by Foundation Realty Group
Feb 22, 1999 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,277
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 51,836
  • Total Building Area: 2,763
  • Gross Building Area: 5,789
  • Building Area: 2,763
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,763
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001190
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Pelham School District
  • School Tax School District: PELHAM
  • Census Tract: 200500

Zoning

  • Zoning: R

Geography

  • Account Number: 5002
  • Parcel: PLHM M:14-9 B:136-36
  • Block: 136-36
  • Municipality: PELHAM
  • Latitude: 42.7512
  • Longitude: -71.332

    Address

  • Full Address: 3 May Ln
  • Address - House Number: 3
  • Address - Street Name: May
  • Address - Suffix Type: Ln
  • State: NH
  • City Name: Pelham
  • Carrier Code: R021
  • 4-Digit Zip Code: 2388
  • Zip Code: 03076

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,194,200

    Appraisal Valuation

  • Standard Deviation: 0.1418
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 870,465
  • High Value: 993,941
  • Low Value: 746,989

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $656,500
  • Assessed Land Value: $160,700
  • Assessed Improvements Value: $495,800

    Sales

  • Current Sale Contract Date: Sep 01, 2022
  • Current Sale Recording Date: Sep 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 220041872
  • Previous Sale Recording Date: Feb 22, 1999
  • Previous Sale Amount: $274,900
  • 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 Hillsborough

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$214

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3405 ft²

Average Home Age

60.4 years

Currently For Sale

942 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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Prime

Listed by: Dawna Banks, Foundation Realty Group
Last Updated Date: 2022-09-01
Last Checked: -3 hour ago
Data Source: Prime MLS, MLS# 4921947
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 3 May Lane built and last sold?
The property at 3 May Lane was built in 1999 and last sold on Sep 1, 2022 for $900,000.
How much is this home worth?
The estimated value of the home located at 3 May Lane is $0.
What are some comparable homes to 3 May Lane?
There are currently no comparable homes to 3 May Lane.
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