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Gorham 03581
5 Paradise Street
Listed by: Matthew Martel, RE/MAX Northern Edge Realty LLC, Selling Office: RE/MAX Northern Edge Realty LLC, Listing Courtesy of Prime MLS
$45,000
● Mobile Manufactured - Off Market

5 Paradise Street

Gorham, NH 03581
bedrooms
2 Beds
bathrooms
1 Bath
square feet
924 Ft²
$46,039
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

The Seller has returned from Florida, and this 2 bedroom, one bath mobile home located in Paradise Mobile Home Park is back on the market! Paradise Mobile Home Park is a 55 and older park. Covered deck, shed and car port. Parking for two vehicles. Park rent is $310 a month. To be sold partially furnished. Large master bedroom with two closets and built in bureau's. Large bathroom with double sinks. All appliances included!
Unit Size
924 Ft²
Days on Market
-
Land Size
-
Price per sqft
$49
Property Type
Mobile Manufactured
Property Taxes
$50
HOA Dues
$310
Year Built
1977

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 #4880408)

Price History

Date / Event Date Event Price
Jul 29, 2022 Sold
Premium
Sold
Aug 31, 2021 Listed by RE/MAX Northern Edge Realty LLC $45,000
Listed by RE/MAX Northern Edge Realty LLC

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • 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: 924
  • Gross Building Area: 1,297
  • Building Area: 924
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 924
  • Heating Fuel Type: 6

    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:U3 L:37-5; MOBILE HOME;MOBILE HOME

Neighborhood

  • School District Name: Gorham Randolph Shelburne Cooperative School District
  • School Tax School District: GORHMRNDLPHSHLB
  • Census Tract: 950900

Zoning

  • Zoning: RA

Geography

  • Account Number: 303
  • District: GORH
  • Parcel: GORH M:U3 L:37-5
  • Lot: 37-5
  • Municipality: GORHAM
  • Latitude: 44.3844
  • Longitude: -71.1721

    Address

  • Full Address: 5 Paradise St
  • Address - House Number: 5
  • Address - Street Name: Paradise
  • Address - Suffix Type: St
  • State: NH
  • City Name: Gorham
  • Carrier Code: C001
  • 4-Digit Zip Code: 1306
  • Zip Code: 03581

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $79,100

    Appraisal Valuation

  • Standard Deviation: 0.1345
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 84
  • Final Value: 40,683
  • High Value: 46,157
  • Low Value: 35,208

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,600
  • Assessed Improvements Value: $32,600
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 Gorham

Stats & Trends

Median Asking:

$217,450

Sale Price/ft²

$95

Below Asking

0.06%

Average Days on Market

96

Average Home Size

3053 ft²

Average Home Age

115.1 years

Currently For Sale

15 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 429 Main, Gorham, 03581

$1,500 /mo

  • 2 Beds
  • 1,056 ft²
429 Main, Gorham, 03581 Listing by Kathleen Frisk

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Matthew Martel, RE/MAX Northern Edge Realty LLC
Last Updated Date: 2022-08-01
Last Checked: 1 hour ago
Data Source: Prime MLS, MLS# 4880408
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 Paradise Street built and last sold?
The property at 5 Paradise Street was built in 1977 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5 Paradise Street is $0.
What are some comparable homes to 5 Paradise Street?
There are currently no comparable homes to 5 Paradise Street.
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