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418 Milan Road
Listed by: Jennifer Stewart, RE/MAX Northern Edge Realty LLC, Selling Office: RE/MAX Northern Edge Realty LLC, Listing Courtesy of Prime MLS
$435,000
● House - Off Market

418 Milan Road

Milan, NH 03588
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,592 Ft²
$2,650
Est. Monthly
5.48%
Cap Rate

About This Property

Great opportunity to live on the upper level and continue to rent out the lower level to generate income.  First floor is a one-bedroom apartment. The second/third floor is a two-bedroom home with cathedral ceilings, separate laundry room, wrap around deck. The owner will be getting the property surveyed/subdivided prior to closing. The home will be sold with 3-4 acres.
Unit Size
2,592 Ft²
Days on Market
-
Land Size
3.00 acres
Price per sqft
$168
Property Type
House
Property Taxes
$514
HOA Dues
-
Year Built
1992

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: 2 years ago (Prime MLS #5015394)

Price History

Date / Event Date Event Price
Nov 19, 2024 Sold
Premium
Sold
Oct 5, 2024 In contract -
In contract
Sep 30, 2024 Price Increased $435,000
↑ $36K (9%)
Price Increased
Sep 20, 2024 Listed by RE/MAX Northern Edge Realty LLC $399,000
Listed by RE/MAX Northern Edge Realty LLC

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • 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
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 243,936
  • Total Building Area: 3,022
  • Gross Building Area: 7,791
  • Building Area: 3,022
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,022
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005600
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Milan School District
  • School Tax School District: MILAN
  • Census Tract: 950300

Zoning

  • Zoning: RURAL

Geography

  • Parcel: MILA M:00044 L:000122 S:000000
  • Lot: 122
  • Municipality: MILAN
  • Latitude: 44.5546
  • Longitude: -71.1762

    Address

  • Full Address: 418 Milan Rd
  • Address - House Number: 418
  • Address - Street Name: Milan
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Milan
  • Carrier Code: R001
  • 4-Digit Zip Code: 3322
  • Zip Code: 03588

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $575,500

    Appraisal Valuation

  • Standard Deviation: 0.2456
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 65
  • Final Value: 528,932
  • High Value: 658,869
  • Low Value: 398,994

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $282,500
  • Assessed Land Value: $75,300
  • Assessed Improvements Value: $207,200
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 Coos

Stats & Trends

Median Asking:

$255,000

Sale Price/ft²

$117

Below Asking

0.04%

Average Days on Market

85

Average Home Size

2883 ft²

Average Home Age

86 years

Currently For Sale

282 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: Jennifer Stewart, RE/MAX Northern Edge Realty LLC
Last Updated Date: 2024-11-19
Last Checked: 8 hours ago
Data Source: Prime MLS, MLS# 5015394
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 418 Milan Road built and last sold?
The property at 418 Milan Road was built in 1992 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 418 Milan Road is $433,210.
What are some comparable homes to 418 Milan Road?
There are currently no comparable homes to 418 Milan Road.
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