44 Putnam Drive
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 |
|---|---|---|---|
| Jun 20, 2024 | Sold | ||
| Sold | |||
| Apr 1, 2024 | Listed by Old Mill Properties REALTORS | $429,900 | |
| Listed by Old Mill Properties REALTORS | |||
| Jul 7, 2022 | Sold | ||
| Sold | |||
| Jun 6, 2022 | Listed by Old Mill Properties REALTORS | $429,900 | |
| Listed by Old Mill Properties REALTORS | |||
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There is hidden treasure in the heart of Bristol, NH. Allow your map to guide you to the rare gem that is 44 Putnam Drive! This 2 BR 2 Bath welcoming log cabin is stunningly sited at the top of a 2.7-acre lot and offers pretty hillside views (to include Sugar Hill), a 3-bay detached garage with car-lift, a finished workshop AND a mobile home park consisting of 3 mobile-home owners that generates $1,140/mo. in income! This property features frontage on Prospect St. to the front, Chestnut St. to the rear, public water/sewer & access to the two town beaches on Newfound Lake. Enjoy many desirable in-town conveniences as a serene country feel surrounds you. The cabin is stacked with character; knotty pine floors, rustic latch ware, spacious living room and sizable picture windows to admire the view. The covered porch to the front of the cabin looks out over the well-manicured grounds and will surely draw you in to view sunsets and thunderstorms from. Bounteous perennial cottage beds surround the home & pair tastefully with mature fruit trees and rolling lawns to create a beautiful new landscape with each passing season. Close to 4 decades of memories were enjoyed here by the original owners. A new owner now has the opportunity to do much of the same. A property that will be well worth your viewing, as there may never be another opportunity quite like this that becomes available to the open market. Agent is related to the seller. Showings begin June 10, 2022 by appointment only.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017