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Rockingham 03077
40 Sherman Drive
Listed by: Pam Douglas, BHHS Verani Londonderry, Selling Office: Capital City Realty, Listing Courtesy of Prime MLS
$345,000
● House - Off Market

40 Sherman Drive

Raymond, NH 03077
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,228 Ft²
$509,917
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

Wonderfully maintained 4 bedroom 3 bathroom home located in Watson Hill Estates.  This freshly painted home sits nicely on a private lot set back from the road.  Enjoy the wildlife from your large deck facing the woods.  The first floor features a wonderful kitchen with granite counters and a large eat in area.  Enjoy family dinners in the formal dining room with room for the whole family in the great with with Tray ceiling and gas fireplace.  Work from home in this sun filled first floor office or enjoy a shorter commute being close to routes 102 and 101.  Master suite with large walk in closet and full bath.  This one is a must see!
Unit Size
2,228 Ft²
Days on Market
-
Land Size
1.26 acres
Price per sqft
$150
Property Type
House
Property Taxes
$565
HOA Dues
-
Year Built
2005

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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 #4683467)

Price History

Date / Event Date Event Price
May 11, 2018 Sold
Premium
Sold
Apr 1, 2018 Listed by BHHS Verani Londonderry $334,900
Listed by BHHS Verani Londonderry
Apr 1, 2005 Sold
Premium
Sold

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 620
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,886
  • Total Building Area: 2,228
  • Gross Building Area: 3,776
  • Building Area: 2,228
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,228
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001260
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Raymond School District
  • School Tax School District: RAYMOND
  • Census Tract: 055001

Zoning

  • Zoning: B

Geography

  • Account Number: 6024
  • Parcel: RAYM M:014-1 L:034
  • Lot: 34
  • Municipality: RAYMOND
  • Latitude: 43.0183
  • Longitude: -71.2459

    Address

  • Full Address: 40 Sherman Dr
  • Address - House Number: 40
  • Address - Street Name: Sherman
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: Raymond
  • Carrier Code: R003
  • 4-Digit Zip Code: 1858
  • Zip Code: 03077

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $865,300

    Appraisal Valuation

  • Standard Deviation: 0.1637
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 79
  • Final Value: 580,871
  • High Value: 676,011
  • Low Value: 485,730

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $417,600
  • Assessed Land Value: $118,200
  • Assessed Improvements Value: $299,400

    Sales

  • Current Sale Recording Date: May 11, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 18017476
  • Previous Sale Recording Date: Apr 01, 2005
  • Previous Sale Amount: $320,700
  • 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:

$625,000

Sale Price/ft²

$251

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2908 ft²

Average Home Age

49.6 years

Currently For Sale

1027 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: Pam Douglas, BHHS Verani Londonderry
Last Updated Date: 2018-05-11
Last Checked: 2 hours ago
Data Source: Prime MLS, MLS# 4683467
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 Sherman Drive built and last sold?
The property at 40 Sherman Drive was built in 2005 and last sold on Jan 1, 1970 for $345,000.
How much is this home worth?
The estimated value of the home located at 40 Sherman Drive is $0.
What are some comparable homes to 40 Sherman Drive?
There are currently no comparable homes to 40 Sherman Drive.
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