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Rockingham
5 Hersey Lane
Listed by: Mike Gallo, Gallo Realty Group, Selling Office: The Aland Realty Group, Listing Courtesy of Prime MLS
$465,000
● House - Off Market

5 Hersey Lane

Stratham, NH 03885
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,322 Ft²
$498,511
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Spacious 3 bedroom updated Ranch on a large level lot! New roof, vinyl siding, and windows. New kitchen with granite. Updated bath also with granite. New gleaming hardwood flooring throughout the main living areas and plush new carpet in bedrooms. Livingroom and additional Family room for easy entertaining. Freshly painted interior. This home has multiple outbuildings, a fenced in paddock and 2 smaller paddocks for livestock. Ideal location just minutes to the beach, Portsmouth, and Exeter! Seller is a NH licensed real estate agent.
Unit Size
1,322 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$355
Property Type
House
Property Taxes
$236
HOA Dues
-
Year Built
1975

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 #4935668)

Price History

Date / Event Date Event Price
Dec 21, 2022 Sold
Premium
Sold
Nov 2, 2022 Listed by Gallo Realty Group $469,900
Listed by Gallo Realty Group

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,056
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,861
  • Gross Building Area: 3,086
  • Building Area: 1,861
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,861
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Exeter Regional Cooperative School District
  • Census Tract: 067000

Zoning

  • Zoning: RA

Geography

  • Parcel: STRH M:00006 B:000146 L:000000
  • Block: 146
  • Municipality: STRATHAM
  • Latitude: 42.9932
  • Longitude: -70.8828

    Address

  • Full Address: 5 Hersey Ln
  • Address - House Number: 5
  • Address - Street Name: Hersey
  • Address - Suffix Type: Ln
  • State: NH
  • City Name: Stratham
  • Carrier Code: R001
  • 4-Digit Zip Code: 2414
  • Zip Code: 03885

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $648,400

    Appraisal Valuation

  • Standard Deviation: 0.1641
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 517,129
  • High Value: 602,003
  • Low Value: 432,256

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $310,100
  • Assessed Land Value: $175,000
  • Assessed Improvements Value: $135,100

    Sales

  • Current Sale Contract Date: Dec 20, 2022
  • Current Sale Recording Date: Dec 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 22052211
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 Rockingham

Stats & Trends

Median Asking:

$629,900

Sale Price/ft²

$253

Below Asking

0.01%

Average Days on Market

56

Average Home Size

3057 ft²

Average Home Age

48.6 years

Currently For Sale

786 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: Mike Gallo, Gallo Realty Group
Last Updated Date: 2022-12-21
Last Checked: -1 hour ago
Data Source: Prime MLS, MLS# 4935668
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 Hersey Lane built and last sold?
The property at 5 Hersey Lane was built in 1975 and last sold on Dec 20, 2022 for $465,000.
How much is this home worth?
The estimated value of the home located at 5 Hersey Lane is $0.
What are some comparable homes to 5 Hersey Lane?
There are currently no comparable homes to 5 Hersey Lane.
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