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Belknap 03809
31 Ledge Hill Road
Listed by: Kristina Maus, Maxfield Real Estate/Wolfeboro, Selling Office: BHHS Verani Belmont, Listing Courtesy of Prime MLS
$350,000
● House - Off Market

31 Ledge Hill Road

Alton, NH 03809
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,097 Ft²
$347,702
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Tucked away off Roberts Cove Road, in the low-tax town of Alton, you'll find this charming single family home nestled in the woods. This 3-bedroom, 2-bathroom house, filled with potential, offers comfortable living and a hint of timeless allure. The property also comes with an endearing cottage that is waiting for your personal touch. With some care, this space could turn into a sought-after short-term rental or a home office, adding significant value and versatility to your property. Access to a community beach is another enticing feature of this location. Just down the road is the Basin beach where you can enjoy peaceful mornings by the water or energizing swims under the sun at your leisure. This inviting home provides an exciting opportunity for those seeking a serene lifestyle near Lake Winnipesaukee.
Unit Size
2,097 Ft²
Days on Market
-
Land Size
0.75 acres
Price per sqft
$166
Property Type
House
Property Taxes
$210
HOA Dues
-
Year Built
1960

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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 #4962417)

Price History

Date / Event Date Event Price
Oct 10, 2023 Sold
Premium
Sold
Jul 21, 2023 Listed by Maxfield Real Estate/Wolfeboro $349,000
Listed by Maxfield Real Estate/Wolfeboro

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 2
  • Total Rooms: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 26
  • Exterior Walls Type: 18
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,670
  • Total Building Area: 437
  • Gross Building Area: 725
  • Building Area: 437
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 14
  • Heated Square Feet: 437
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000750
  • Standard Land Use Code: 1100
  • County Land Use Code: 109

Neighborhood

  • School District Name: Alton School District
  • School Tax School District: ALTON
  • Census Tract: 966502

Zoning

  • Zoning: RU-RUR

Geography

  • Parcel: ALTN M:48 B:46
  • Block: 46
  • Municipality: ALTON
  • Latitude: 43.5317
  • Longitude: -71.2115

    Address

  • Full Address: 31 Ledge Hill Rd
  • Address - House Number: 31
  • Address - Street Name: Ledge Hill
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Alton
  • Zip Code: 03809

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $251,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $221,400
  • Assessed Land Value: $81,000
  • Assessed Improvements Value: $140,400

    Sales

  • Current Sale Contract Date: Oct 06, 2023
  • Current Sale Recording Date: Oct 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2308966
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 Belknap

Stats & Trends

Median Asking:

$529,900

Sale Price/ft²

$230

Below Asking

0.02%

Average Days on Market

65

Average Home Size

2747 ft²

Average Home Age

50.8 years

Currently For Sale

531 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: Kristina Maus, Maxfield Real Estate/Wolfeboro
Last Updated Date: 2023-10-07
Last Checked: 9 hours ago
Data Source: Prime MLS, MLS# 4962417
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 31 Ledge Hill Road built and last sold?
The property at 31 Ledge Hill Road was built in 1960 and last sold on Oct 6, 2023 for $350,000.
How much is this home worth?
The estimated value of the home located at 31 Ledge Hill Road is $362,651.
What are some comparable homes to 31 Ledge Hill Road?
There are currently no comparable homes to 31 Ledge Hill Road.
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