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Cheshire 03470
40 Barrus Road
Listed by: Fred Blais, Blais & Associates, Realtors, Selling Office: Blais & Associates, Realtors, Listing Courtesy of Prime MLS
$182,000
● House - Off Market

40 Barrus Road

Richmond, NH 03470
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,440 Ft²
$281,952
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Beautiful land with PEACEFUL END OF ROAD location for this modest 3 bedroom, 2 bath rustic home on 56 surveyed acres. The home appears structurally sound with all mechanical systems working. Will need some repair and finish work and is being sold as-is. (Seller will only consider cash or conventional loans with minimum of 20% down). There are several open acres, much of it fenced offering plenty of space for horses or other farm animals. Mixed hard and soft woods with frontage on Roaring brook! Great trail network with hundreds of undeveloped nearby acres for the outdoors person. 16x13 screened cottage/out building for bug free relaxing. Security system in place. Do not enter property without appt.
Unit Size
1,440 Ft²
Days on Market
-
Land Size
56.38 acres
Price per sqft
$139
Property Type
House
Property Taxes
$331
HOA Dues
-
Year Built
1960

Payment Calculator (Computations Provided by RealtyHop)

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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 #4768359)

Price History

Date / Event Date Event Price
Sep 6, 2022 Sold
Premium
Sold
Aug 1, 2022 Listed by Blais & Associates, Realtors $429,900
Listed by Blais & Associates, Realtors
May 29, 2020 Sold
Premium
Sold
Jul 31, 2019 Listed by Blais & Associates, Realtors $199,500
Listed by Blais & Associates, Realtors

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,439,360
  • Total Building Area: 1,582
  • Gross Building Area: 2,495
  • Building Area: 1,582
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,582
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000056000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Monadnock Regional School District
  • School Tax School District: MONADNOCK RGNL
  • Census Tract: 970700

Zoning

  • Zoning: RD- RE

Geography

  • Parcel: RCMD M:00410 B:000030 L:000000
  • Block: 30
  • Municipality: RICHMOND
  • Latitude: 42.741
  • Longitude: -72.317

    Address

  • Full Address: 40 Barrus Rd
  • Address - House Number: 40
  • Address - Street Name: Barrus
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Richmond
  • Carrier Code: R003
  • 4-Digit Zip Code: 4100
  • Zip Code: 03470

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $458,800

    Appraisal Valuation

  • Standard Deviation: 0.2075
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 71
  • Final Value: 357,537
  • High Value: 431,735
  • Low Value: 283,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $312,322
  • Assessed Land Value: $59,422
  • Assessed Improvements Value: $252,900

    Sales

  • Current Sale Contract Date: Aug 31, 2022
  • Current Sale Recording Date: Sep 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2208258
  • Previous Sale Recording Date: May 29, 2020
  • Previous Sale Contract Date: May 27, 2020
  • Previous Sale Amount: $182,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Cheshire

Stats & Trends

Median Asking:

$398,250

Sale Price/ft²

$169

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3152 ft²

Average Home Age

81.7 years

Currently For Sale

265 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

Click here to view more rentals in the neighborhood.
Prime

Listed by: Fred Blais, Blais & Associates, Realtors
Last Updated Date: 2020-06-01
Last Checked: -1 hour ago
Data Source: Prime MLS, MLS# 4768359
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 40 Barrus Road built and last sold?
The property at 40 Barrus Road was built in 1960 and last sold on Aug 31, 2022 for $430,000.
How much is this home worth?
The estimated value of the home located at 40 Barrus Road is $416,675.
What are some comparable homes to 40 Barrus Road?
There are currently no comparable homes to 40 Barrus Road.
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