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Sullivan 03773
392 Lear Hill Road
Listed by: Dave Smith, Harbor Light Realty, Selling Office: H. G. Johnson Real Estate, Listing Courtesy of Prime MLS
$285,000
● House - Off Market

392 Lear Hill Road

Unity, NH 03773
bedrooms
1 Bed
bathrooms
1 Bath
square feet
952 Ft²
$299,043
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Looking for acreage in a tranquil setting with lots of privacy, than this property is a must see!  This 13.93 acres is located in a small rural community with westerly views and breathtaking sunsets.  900+ feet of frontage on Lear Hill Road and Coon Brook Road with plenty of room for growth. Currently has 2 car garage with 1 bedroom apartment and 4 stall horse barn.  Property to be surveyed before closing.
Unit Size
952 Ft²
Days on Market
-
Land Size
13.93 acres
Price per sqft
$310
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-

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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 #4885166)

Price History

Date / Event Date Event Price
Apr 21, 2022 Sold
Premium
Sold
Oct 1, 2021 Listed by Harbor Light Realty $295,000
Listed by Harbor Light Realty

Property Highlights

Garage

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • 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: 606,791
  • Total Building Area: 0
  • Building Area: 0

    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: V
  • Land Acres: 0000013930
  • Standard Land Use Code: 8016
  • County Land Use Code: 106

Neighborhood

  • School District Name: Unity School District
  • School Tax School District: UNITY
  • Census Tract: 975600

Zoning

  • Zoning: RURAL

Geography

  • Parcel: UNIT M:00090 L:068300 S:02A0E6
  • Lot: 68300
  • Municipality: UNITY
  • Latitude: 43.3023
  • Longitude: -72.1701

    Address

  • Full Address: 392 Lear Hill Rd
  • Address - House Number: 392
  • Address - Street Name: Lear Hill
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Newport
  • Carrier Code: R002
  • 4-Digit Zip Code: 7721
  • Zip Code: 03773

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $518,300
  • Initial Tax Delinquent Year: 2021

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $172,987
  • Assessed Land Value: $91,687
  • Assessed Improvements Value: $81,300

    Sales

  • Current Sale Contract Date: Apr 20, 2022
  • Current Sale Recording Date: Apr 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2202393
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 Sullivan

Stats & Trends

Median Asking:

$399,000

Sale Price/ft²

$170

Below Asking

0.02%

Average Days on Market

68

Average Home Size

2938 ft²

Average Home Age

74.4 years

Currently For Sale

195 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: Dave Smith, Harbor Light Realty
Last Updated Date: 2022-04-21
Last Checked: 6 hours ago
Data Source: Prime MLS, MLS# 4885166
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 392 Lear Hill Road built and last sold?
The property at 392 Lear Hill Road was built in and last sold on Apr 20, 2022 for $285,000.
How much is this home worth?
The estimated value of the home located at 392 Lear Hill Road is $0.
What are some comparable homes to 392 Lear Hill Road?
There are currently no comparable homes to 392 Lear Hill Road.
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