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Rockingham
40 Heather Drive
$1,156,400
● Land - Off Market

40 Heather Drive

Rye, NH 03870
bedrooms
Studio
bathrooms
0 Bath
$2,723,981
RealtyHop Estimate
94.57%
Since Sep 1, 2013
National-US
Primary Model

About This Property

Rare center 1.2 acre lot sited among multi-million dollar homes at Harbour Links Estates in Rye.  Build your dream home with commanding views of Little Harbor as well as the Wentworth By The Sea Country Club.
Unit Size
-
Days on Market
-
Land Size
1.21 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1,129
HOA Dues
-
Year Built
2017

Payment Calculator

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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: 5 months ago (MLSPIN #71492092)

Price History

Date / Event Date Event Price
Aug 12, 2013 Sold
Premium
Sold
Mar 4, 2013 Listed by Carey & Giampa, LLC REALTORS® $1,400,000
Listed by Carey & Giampa, LLC REALTORS®
May 18, 1998 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,805
  • Garage Type: 13
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 52,708
  • Total Building Area: 5,675
  • Gross Building Area: 10,601
  • Building Area: 5,675
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,675
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001210
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Rye School District
  • School Tax School District: RYE
  • Census Tract: 071001

Zoning

  • Zoning: SRES

Geography

  • Account Number: 3152
  • Parcel: RYEE M:024 B:061 L:028
  • Block: 61
  • Lot: 28
  • Municipality: RYE
  • Latitude: 43.0528
  • Longitude: -70.7342

    Address

  • Full Address: 40 Heather Dr
  • Address - House Number: 40
  • Address - Street Name: Heather
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: Rye
  • Zip Code: 03870

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,685,400

    Appraisal Valuation

  • Standard Deviation: 0.2099
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 58
  • Final Value: 3,888,301
  • High Value: 4,704,705
  • Low Value: 3,071,896

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,589,600
  • Assessed Land Value: $2,275,200
  • Assessed Improvements Value: $2,314,400

    Sales

  • Current Sale Recording Date: Aug 12, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: May 18, 1998
  • Previous Sale Amount: $325,000
  • 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 Rockingham

Stats & Trends

Median Asking:

$629,900

Sale Price/ft²

$253

Below Asking

0.01%

Average Days on Market

56

Average Home Size

3067 ft²

Average Home Age

48.6 years

Currently For Sale

803 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

Unit for rent at 67 Mark, Portsmouth, 03801

$5,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,040 ft²
67 Mark, Portsmouth, 03801 Listing by Corey Vessels
Unit for rent at 36 State, Portsmouth, 03801

$5,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,789 ft²
36 State #B, Portsmouth, 03801 Listing by Patrick Carey
Unit for rent at 55 Congress, Portsmouth, 03801

$3,600 /mo

  • 2 Beds
  • 1 Bath
  • 791 ft²
55 Congress #702, Portsmouth, 03801 Listing by Christopher Austin

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71492092

Frequently Asked Questions

When was property at 40 Heather Drive built and last sold?
The property at 40 Heather Drive was built in 2017 and last sold on Jan 1, 1970 for $1,156,400.
How much is this home worth?
The estimated value of the home located at 40 Heather Drive is $1,414,000.
What are some comparable homes to 40 Heather Drive?
There are currently no comparable homes to 40 Heather Drive.
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