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Merrimack
35 Spruce Lane
Listed by: Arthur Urie, Lake Farm Realty, Selling Office: Coldwell Banker Old Mill Properties/B, Listing Courtesy of Prime MLS
$20,500
● Land - Off Market

35 Spruce Lane

Danbury, NH 03230
bedrooms
Studio
bathrooms
0 Bath
$28,642
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Level building lot at affordable price.  Neighbors nearby but little traffic. Four original lots have been combined into one to provide plenty of road frontage and choice of building sites.  Ready to build with minimum work.  Hurry.
Unit Size
-
Days on Market
-
Land Size
1.18 acres
Price per sqft
-
Property Type
Land
Property Taxes
$11
HOA Dues
-
Year Built
2021

Payment Calculator (Computations Provided by RealtyHop)

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Cap Rate Calculator

Purchase Price
Monthly Property Taxes
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Expenses Per Year
Operating Profit Per Year
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 #4663037)

Price History

Date / Event Date Event Price
Dec 25, 2020 Sold
Premium
Sold
Oct 5, 2017 Listed by Lake Farm Realty $21,800
Listed by Lake Farm Realty
Feb 1, 2016 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 51,401
  • Total Building Area: 2,672
  • Gross Building Area: 2,672
  • Building Area: 2,672
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001180
  • Standard Land Use Code: 1006
  • County Land Use Code: 103
  • Mobile Home Indicator: T
  • Legal Description 1: M:406 B:132 L:; 1-FAM RES

Neighborhood

  • School District Name: Newfound Area School District
  • School Tax School District: NEWFOUND AREA
  • Census Tract: 041500

Zoning

  • Zoning: R01

Geography

  • District: DNBY
  • Parcel: DNBY M:406 B:132 L:
  • Block: 132
  • Municipality: DANBURY
  • Latitude: 43.5516
  • Longitude: -71.8679

    Address

  • Full Address: 35 Spruce Ln
  • Address - House Number: 35
  • Address - Street Name: Spruce
  • Address - Suffix Type: Ln
  • State: NH
  • City Name: Danbury
  • Carrier Code: R011
  • 4-Digit Zip Code: 4838
  • Zip Code: 03230

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $309,400

    Appraisal Valuation

  • Standard Deviation: 0.1465
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 269,124
  • High Value: 308,555
  • Low Value: 229,694

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $154,700
  • Assessed Land Value: $66,100
  • Assessed Improvements Value: $88,600

    Sales

  • Current Sale Recording Date: Feb 01, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1597
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:

$499,000

Sale Price/ft²

$203

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3233 ft²

Average Home Age

71.9 years

Currently For Sale

338 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

Currently no nearby rentals
Prime

Listed by: Arthur Urie, Lake Farm Realty
Last Updated Date: 2020-12-28
Last Checked: 3 hours ago
Data Source: Prime MLS, MLS# 4663037
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 35 Spruce Lane built and last sold?
The property at 35 Spruce Lane was built in 2021 and last sold on Jan 1, 1970 for $9,000.
How much is this home worth?
The estimated value of the home located at 35 Spruce Lane is $22,018.
What are some comparable homes to 35 Spruce Lane?
There are currently no comparable homes to 35 Spruce Lane.
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