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Hillsborough
3 Mclain Dr
$405,000
● House - Off Market

3 Mclain Dr

Pelham, NH 03076
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,740 Ft²
$2,802
Est. Monthly

About This Property

One Level Living Ranch Home With Custom Kitchen Cabinetry, Stainless Steel Appliances & Tile Flooring Flows Into The Dining Area And Huge Family Room With Gas Fireplace - A Great Place For Family Gatherings And Entertaining. Hardwood Flooring Throughout - Spacious Bedrooms And Lots Of Storage.  Lower Level Could Be Finished Off To Add More Living Area - Home Is Equipped With A Whole House Generator - An Oversized Two Car Attached Garage That Keeps You Warm And Dry All Year Long And A Nice Yard With Storage Shed. Home Is Situated On A Quiet Road In A Great Neighborhood - Convenient To All Shopping & Minutes To Major Routes. Home Needs Work - Interior Pictures Are Not Current. WE HAVE AN ACCEPTED OFFER PENDING SIGNATURES.
Unit Size
1,740 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$258
Property Type
House
Property Taxes
$597
HOA Dues
-
Year Built
1958

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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 #73173694)

Price History

Date / Event Date Event Price
Dec 21, 2023 Sold
Premium
Sold
Nov 6, 2023 In contract -
In contract
Oct 24, 2023 Listed by Keller Williams Gateway Realty $449,000
Listed by Keller Williams Gateway Realty
Jan 20, 2016 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 7
  • Basement Area: 1,740
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,700
  • Total Building Area: 1,740
  • Gross Building Area: 4,588
  • Building Area: 1,740
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,740
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000590
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Pelham School District
  • School Tax School District: PELHAM
  • Census Tract: 200300

Zoning

  • Zoning: R

Geography

  • Account Number: 5763
  • Parcel: PLHM M:41-10 B:298
  • Block: 298
  • Municipality: PELHAM
  • Latitude: 42.7033
  • Longitude: -71.3112

    Address

  • Full Address: 3 Mclain Dr
  • Address - House Number: 3
  • Address - Street Name: Mclain
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: Pelham
  • Carrier Code: R024
  • 4-Digit Zip Code: 3602
  • Zip Code: 03076

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $748,200

    Appraisal Valuation

  • Standard Deviation: 0.1427
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 508,124
  • High Value: 580,636
  • Low Value: 435,611

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $411,300
  • Assessed Land Value: $144,400
  • Assessed Improvements Value: $266,900

    Sales

  • Current Sale Contract Date: Dec 21, 2023
  • Current Sale Recording Date: Dec 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 230042279
  • Previous Sale Recording Date: Jan 20, 2016
  • Previous Sale Amount: $326,333
  • Previous 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 Hillsborough

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$214

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3419 ft²

Average Home Age

60.4 years

Currently For Sale

948 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73173694

Frequently Asked Questions

When was property at 3 McLain Drive built and last sold?
The property at 3 McLain Drive was built in 1958 and last sold on Dec 21, 2023 for $405,000.
How much is this home worth?
The estimated value of the home located at 3 McLain Drive is $447,707.
What are some comparable homes to 3 McLain Drive?
There are currently no comparable homes to 3 McLain Drive.
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