38 Balch Farm Road
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 29, 2024 | Sold | ||
| Sold | |||
| Feb 6, 2024 | Listed by EXP Realty | $415,500 | |
| Listed by EXP Realty | |||
| | |||
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Situated above the picturesque Contooncook River Valley, this home offers stunning views and great amenities that will make you appreciate New Hampshire year-round. Spacious updated kitchen has modern cabinets, granite countertops, and new appliances. Step outside to your large deck to dine al fresco with a view. The bright living room with rear slider lets you enjoy the scenery while remaining cozy warm with an efficient pellet stove. Convenient first-floor bath with laundry and dining room complete the first floor. Three bedrooms upstairs share a full bath with custom tile. Walkout lower level includes a finished recreational room, studio, easy-access storage, and a mudroom leading to the fenced rear yard. Attached two-car heated garage with sauna is accessed by a level, paved driveway. Fear no storms with a full house generator ensuring uninterrupted power. Generator, Pellet Stove, and all appliances are under three years young! Private location close to town parks, Main Street, and outdoor recreation including Crotched Mountain Ski and Ride. Whether you're enjoying the warmth of the pellet stove in the winter, entertaining on the expansive deck during the summer, or indulging in the sauna after a day of outdoor adventures, this property is designed for year-round enjoyment. Don’t miss seeing this property yourself!
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| Dec 7, 2020 | Sold | ||
| Sold | |||
| Aug 6, 2020 | Listed by Bean Group / Peterborough | $334,900 | |
| Listed by Bean Group / Peterborough | |||
| Apr 22, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017