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Sullivan
47 Butternut Road
Listed by: Don Chabot, Town and Country Realty, Selling Office: Coldwell Banker LIFESTYLES - Grantham, Listing Courtesy of Prime MLS
$11,500
● Land - Off Market

47 Butternut Road

Grantham, NH 03753
bedrooms
Studio
bathrooms
0 Bath
$80
Est. Monthly
113.50%
Cap Rate

About This Property

WELCOME TO EASTMAN A FOUR-SEASON COMMUNITY. THIS 1.08 ACRE LOT IS LOCATED ON 47 BUTTERNUT ROAD CONVENIENTLY LOCATED TO THE EASTMAN NORTH ENTRANCE AND EXIT 13 OFF I-89. COMMUNITY WATER & SEWER ARE AVAILBLE AT THE STREET. EASTMAN OFFERS AN 18 HOLE GOLF COURSE, RESTAURANT AND FUNCTION ROOM, TENNIS & PICKLE BALL COURTS, HEATED INDOOR POOL, FITNESS CENTER, CROSS COUNTRY SKIING, PLUS A 335 ACRE LAKE WITH SIX SANDY BEACHES. EASTMAN BUY-IN FEE IS $5,000.00, $1,000.00 IS DUE UPON PURCHASE OF THE LOT AND ADDITTIONAL $4,000.00 DUE WHEN BUILDING COMMENCES. THE ANNUAL ECA HOA DUES CURRENTLY WITH LAND & BUILDING ARE $4,095.00
Unit Size
-
Days on Market
-
Land Size
1.08 acres
Price per sqft
-
Property Type
Land
Property Taxes
$6
HOA Dues
-
Year Built
-

Payment Calculator (Computations Provided by RealtyHop)

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #4988046)

Price History

Date / Event Date Event Price
May 31, 2024 Sold
Premium
Sold
Mar 14, 2024 Listed by Town and Country Realty $15,000
Listed by Town and Country Realty

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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

    Dimensions

  • Lot Size Square Feet: 47,045
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000001080
  • Standard Land Use Code: 8001
  • County Land Use Code: 131

Neighborhood

  • School District Name: Grantham School District
  • School Tax School District: GRANTHAM
  • Census Tract: 975200

Zoning

  • Zoning: RR1

Geography

  • District: GRNT
  • Parcel: GRNT M:212 L:38
  • Lot: 38
  • Municipality: GRANTHAM
  • Latitude: 43.532
  • Longitude: -72.1307

    Address

  • Full Address: 47 Butternut Rd
  • Address - House Number: 47
  • Address - Street Name: Butternut
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Grantham
  • Carrier Code: R777
  • 4-Digit Zip Code: 5411
  • Zip Code: 03753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,100
  • Assessed Land Value: $7,100
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 Sullivan

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$170

Below Asking

0.02%

Average Days on Market

68

Average Home Size

2975 ft²

Average Home Age

73.9 years

Currently For Sale

190 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: Don Chabot, Town and Country Realty
Last Updated Date: 2024-06-01
Last Checked: -3 hour ago
Data Source: Prime MLS, MLS# 4988046
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 47 Butternut Road built and last sold?
The property at 47 Butternut Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 47 Butternut Road is $15,150.
What are some comparable homes to 47 Butternut Road?
There are currently no comparable homes to 47 Butternut Road.
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