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Newport 03773
5 Chip Way
Listed by: Susan Latham, Century 21 Highview Realty, Selling Office: Ideal Properties, Listing Courtesy of Prime MLS
$31,000
● Mobile Manufactured - Off Market

5 Chip Way

Newport, NH 03773
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,012 Ft²
$56,323
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model

About This Property

If you are seeking easy maintenance and move in ready, here it is!  This home has had a major facelift to include: fresh paint inside and out, new flooring, new appliances (washer and dryer, fridge, stove), 2 new 9 light entry doors, furnace, water heater, updated plumbing and fixtures, updated light fixtures.  Added year round square footage with sunroom insulation, heat, and lovely finish.  Park approval required.
Unit Size
1,012 Ft²
Days on Market
-
Land Size
-
Price per sqft
$36
Property Type
Mobile Manufactured
Property Taxes
$56
HOA Dues
$360
Year Built
1981

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 #4670766)

Price History

Date / Event Date Event Price
Feb 14, 2018 Sold
Premium
Sold
Dec 10, 2017 Listed by Century 21 Highview Realty $36,000
Listed by Century 21 Highview Realty
Aug 25, 2016 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 10
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • 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: 0
  • Total Building Area: 930
  • Gross Building Area: 1,920
  • Building Area: 930
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 930
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Standard Land Use Code: 1006
  • County Land Use Code: 103
  • Mobile Home Indicator: T
  • Legal Description 1: M:00246 B:085000 L:MH0030; MOBILE HOME;MOBILE HOME

Neighborhood

  • School District Name: Newport School District
  • School Tax School District: NEWPORT
  • Census Tract: 975402

Zoning

  • Zoning: R120 S

Geography

  • District: NWPT
  • Parcel: NWPT M:00246 B:085000 L:MH0030
  • Block: 85000
  • Lot: MH0030
  • Municipality: NEWPORT
  • Latitude: 43.3458
  • Longitude: -72.1811

    Address

  • Full Address: 5 Chip Way
  • Address - House Number: 5
  • Address - Street Name: Chip
  • Address - Suffix Type: Way
  • State: NH
  • City Name: Newport
  • Carrier Code: R004
  • 4-Digit Zip Code: 2131
  • Zip Code: 03773

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $139,800

    Appraisal Valuation

  • Standard Deviation: 0.2565
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 63
  • Final Value: 76,366
  • High Value: 95,956
  • Low Value: 56,775

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $59,300
  • Assessed Improvements Value: $59,300

    Sales

  • Current Sale Recording Date: Feb 14, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1800667
  • Previous Sale Recording Date: Aug 25, 2016
  • Previous Sale Amount: $22,000
  • Previous Sale Document Type: 71
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 Newport

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$135

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2767 ft²

Average Home Age

77.5 years

Currently For Sale

24 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

Unit for rent at 38 Summer, Newport, 03773

$1,900 /mo

  • 3 Beds
  • 1 Bath
  • 2,375 ft²
38 Summer, Newport, 03773 Listing by Susan Latham

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Susan Latham, Century 21 Highview Realty
Last Updated Date: 2018-02-14
Last Checked: 8 hours ago
Data Source: Prime MLS, MLS# 4670766
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 5 Chip Way built and last sold?
The property at 5 Chip Way was built in 1981 and last sold on Jan 1, 1970 for $31,000.
How much is this home worth?
The estimated value of the home located at 5 Chip Way is $0.
What are some comparable homes to 5 Chip Way?
There are currently no comparable homes to 5 Chip Way.
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