42 College
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2025 | Sold | ||
| Sold | |||
| May 27, 2025 | Listed by KW Coastal and Lakes & Mountains Realty | $949,000 | |
| Listed by KW Coastal and Lakes & Mountains Realty | |||
| Jan 2, 2025 | Sold | ||
| Sold | |||
| Nov 15, 2024 | In contract | - | |
| In contract | |||
| Nov 12, 2024 | Listed by KW Coastal and Lakes & Mountains Realty | $400,000 | |
| Listed by KW Coastal and Lakes & Mountains Realty | |||
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Delayed showings will begin on Saturday November 16th. Bring your vision and ideas to 42 College Road in Stratham, NH. This over 3,000 square foot cape has it all - 3 acres of land, a two car garage, a barn in the backyard for all of your exterior/landscaping items (at one time there was a chicken coop on the property), and in a great location. Less than a mile to Chapman's Landing boat launch, you can kayak in the warmer months, while also being just a quick drive to Newmarket or Stratham shopping, restaurants, and more. Inside the home, the first floor has an abundance of space. Open concept kitchen, large living room, & a huge dining area with built in bookshelves. Breezeway from the garage to the kitchen. There are two rooms on the first floor that could be used as an office, second family room, guest space, etc. 2 bedrooms upstairs with a 3/4 bath in between. Enclosed porch off of the back of the home gives you sweeping views of the rear yard. Your own little slice of paradise, the property extends past the woodline and through the trees. There is potential for landscaping should you have a green thumb, and the in-ground pool (has not been in use for a few years) might be something a buyer wants to bring "back to life!". Full basement. Multiple locations for storage space on this property, between the barn, garage and full basement. Don't miss your chance to call Stratham. "home". Showing blocks 11/16 from 11-1, and 11/17 2-4pm. Agents, please see the non public remarks.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017