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Belknap
42 Ridge Road
Listed by: Jennifer Azzara, Maxfield Real Estate/ Alton, Selling Office: The Gove Group Real Estate, LLC, Listing Courtesy of Prime MLS
$560,000
● House - Off Market

42 Ridge Road

Barnstead, NH 03225
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,060 Ft²
$615,854
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Welcome to this lovely cottage on Lower Suncook Lake, perfect for kayaking, swimming and boating with family and friends. Property has been loved for the past 53 years by one owner and family. Seasonal camp with custom wood interior, and pine floors. Kitchen, living room/dining room, bathroom and two bedrooms on main floor, and a lower basement room perfect for bunking the kids. Listing includes .46 acre back lot across the dirt road, which has potential for future development. Waterfront lot is .23 acre. Ridge Road association collects $50 a year to maintain the road. Don't delay, there is time to acquire this fabulous cottage now before winter so it is yours at the first dawn of Spring!
Unit Size
1,060 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$527
Property Type
House
Property Taxes
$578
HOA Dues
-
Year Built
1960

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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 #4886140)

Price History

Date / Event Date Event Price
Dec 6, 2021 Sold
Premium
Sold
Oct 8, 2021 Listed by Maxfield Real Estate/ Alton $559,000
Listed by Maxfield Real Estate/ Alton

Property Highlights

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 7
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 26
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 300
  • 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: 10,019
  • Total Building Area: 1,013
  • Gross Building Area: 2,236
  • Building Area: 1,013
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 18
  • Heated Square Feet: 1,013
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Barnstead School District
  • School Tax School District: BARNSTEAD
  • Census Tract: 965700

Zoning

  • Zoning: 205 L

Geography

  • Parcel: BRND M:00028 L:000039 S:000000
  • Lot: 39
  • Municipality: BARNSTEAD
  • Latitude: 43.3678
  • Longitude: -71.2623

    Address

  • Full Address: 42 Ridge Rd
  • Address - House Number: 42
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Center Barnstead
  • Carrier Code: R005
  • 4-Digit Zip Code: 3142
  • Zip Code: 03225

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $619,500

    Appraisal Valuation

  • Standard Deviation: 0.2355
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 541,805
  • High Value: 669,410
  • Low Value: 414,201

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $286,800
  • Assessed Land Value: $233,000
  • Assessed Improvements Value: $53,800

    Sales

  • Current Sale Contract Date: Dec 03, 2021
  • Current Sale Recording Date: Dec 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2118136
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 Belknap

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$234

Below Asking

0.03%

Average Days on Market

69

Average Home Size

2701 ft²

Average Home Age

54.2 years

Currently For Sale

356 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

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Prime

Listed by: Jennifer Azzara, Maxfield Real Estate/ Alton
Last Updated Date: 2021-12-04
Last Checked: 9 hours ago
Data Source: Prime MLS, MLS# 4886140
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 42 Ridge Road built and last sold?
The property at 42 Ridge Road was built in 1960 and last sold on Dec 3, 2021 for $560,000.
How much is this home worth?
The estimated value of the home located at 42 Ridge Road is $554,057.
What are some comparable homes to 42 Ridge Road?
There are currently no comparable homes to 42 Ridge Road.
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