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Merrimack 03307
358 Lower Ridge Road
Listed by: Brenda Perkins, Kathleen Gallagher Family Realty, Selling Office: Debra Hull Realty, LLC, Listing Courtesy of Prime MLS
$232,000
● House - Off Market

358 Lower Ridge Road

Loudon, NH 03307
bedrooms
4 Beds
bathrooms
1 Bath
square feet
2,154 Ft²
$399,488
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model

About This Property

So much Charm and Character to be found in this open concept Colonial with 4 bedrooms, 1 full and 2 3/4 bath home on 2 acres of land. Master bedroom with large walk-in closet, balcony and and 3/4 bath. Shed for storage, a nice tennis court and open yard space to enjoy. Amazing price for all this house and plenty of room to add a garage! Just sit back on the porch and enjoy the quiet country feel, nice neighbors and the convenience of a short ride to all your shopping needs. Nicely landscaped and plenty of room to add a garage.
Unit Size
2,154 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$110
Property Type
House
Property Taxes
$339
HOA Dues
-
Year Built
1972

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #4490592)

Price History

Date / Event Date Event Price
Oct 17, 2016 Sold
Premium
Sold
May 16, 2016 Listed by Kathleen Gallagher Family Realty $236,900
Listed by Kathleen Gallagher Family Realty
Oct 30, 2000 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 200
  • 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: 87,120
  • Total Building Area: 2,291
  • Gross Building Area: 3,862
  • Building Area: 2,291
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,291
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1110
  • County Land Use Code: 120

Neighborhood

  • School District Name: Merrimack Valley School District
  • School Tax School District: MERRIMACK VLY
  • Census Tract: 036000

Zoning

  • Zoning: RURAL

Geography

  • Parcel: LOUD M:00053 B:000033 L:000000
  • Block: 33
  • Municipality: LOUDON
  • Latitude: 43.3617
  • Longitude: -71.4421

    Address

  • Full Address: 358 Lower Ridge Rd
  • Address - House Number: 358
  • Address - Street Name: Lower Ridge
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Loudon
  • Carrier Code: R008
  • 4-Digit Zip Code: 1510
  • Zip Code: 03307

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $435,700

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 62
  • Final Value: 331,344
  • High Value: 393,468
  • Low Value: 269,219

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $234,900
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $144,900

    Sales

  • Current Sale Recording Date: Oct 17, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201600019210
  • Previous Sale Recording Date: Oct 30, 2000
  • Previous Sale Amount: $113,500
  • 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 Merrimack

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$203

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3256 ft²

Average Home Age

71.6 years

Currently For Sale

341 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: Brenda Perkins, Kathleen Gallagher Family Realty
Last Updated Date: 2016-10-16
Last Checked: 3 hours ago
Data Source: Prime MLS, MLS# 4490592
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 358 Lower Ridge Road built and last sold?
The property at 358 Lower Ridge Road was built in 1972 and last sold on Jan 1, 1970 for $232,000.
How much is this home worth?
The estimated value of the home located at 358 Lower Ridge Road is $249,402.
What are some comparable homes to 358 Lower Ridge Road?
There are currently no comparable homes to 358 Lower Ridge Road.
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