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Sullivan
49 Hemlock Lane
Listed by: Sandy Reavill, Real Broker LLC, Selling Office: BEST BROKERS REALTY, LLC, Listing Courtesy of Prime MLS
$42,000
● Land - Off Market

49 Hemlock Lane

Grantham, NH 03753
bedrooms
Studio
bathrooms
0 Bath
$298
Est. Monthly
33.50%
Cap Rate

About This Property

This secluded 1 acre lot, tucked away in the New Hampshire forest, is just a short walk from the beautiful and serene, 18-acre Miller Pond. Hemlock Lane is a private road maintained by the residents, where you'll find a variety of uses, some campers, some snow-birds, and some year-round homeowners. Conveniently located between Hanover, Lebanon, and New London, this lot has been cleared and a drilled well has been added. There is a state approved Presby septic plan prepared and a 1999 Craftsmen camper on site that will convey to the Purchaser. You could be kayaking right now!
Unit Size
-
Days on Market
-
Land Size
1.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$57
HOA Dues
-
Year Built
-

Payment Calculator (Computations Provided by RealtyHop)

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Cap Rate Calculator

Purchase Price
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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 #4965125)

Price History

Date / Event Date Event Price
May 17, 2024 Sold
Premium
Sold
Aug 10, 2023 Listed by Real Broker LLC $49,000
Listed by Real Broker LLC
Nov 19, 2021 Sold
Premium
Sold
Jun 13, 2021 Listed by Real Broker LLC $44,900
Listed by Real Broker LLC

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: 43,560
  • 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: 0000001000
  • Standard Land Use Code: 8001
  • County Land Use Code: 130

Neighborhood

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

Zoning

  • Zoning: RR1

Geography

  • District: GRNT
  • Parcel: GRNT M:211 L:23
  • Lot: 23
  • Municipality: GRANTHAM
  • Latitude: 43.537
  • Longitude: -72.1719

    Address

  • Full Address: 49 Hemlock Ln
  • Address - House Number: 49
  • Address - Street Name: Hemlock
  • Address - Suffix Type: Ln
  • State: NH
  • City Name: Grantham
  • Carrier Code: H060
  • 4-Digit Zip Code: 3047
  • Zip Code: 03753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $73,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,800
  • Assessed Land Value: $41,800

    Sales

  • Current Sale Contract Date: Nov 12, 2021
  • Current Sale Recording Date: Nov 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2107984
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:

$394,999

Sale Price/ft²

$165

Below Asking

0.02%

Average Days on Market

65

Average Home Size

3265 ft²

Average Home Age

73.1 years

Currently For Sale

228 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: Sandy Reavill, Real Broker LLC
Last Updated Date: 2024-05-17
Last Checked: 6 hours ago
Data Source: Prime MLS, MLS# 4965125
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 49 Hemlock Lane built and last sold?
The property at 49 Hemlock Lane was built in and last sold on Nov 12, 2021 for $45,000.
How much is this home worth?
The estimated value of the home located at 49 Hemlock Lane is $0.
What are some comparable homes to 49 Hemlock Lane?
There are currently no comparable homes to 49 Hemlock Lane.
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