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Merrimack 03276
5 Shady Lane
Listed by: Dana Flanders, Today Real Estate, Selling Office: Coldwell Banker Realty Gilford NH, Listing Courtesy of Prime MLS
$45,000
● Land - Off Market

5 Shady Lane

Northfield, NH 03276
bedrooms
Studio
bathrooms
0 Bath
$62,766
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

3 acres of wooded land with a stream in the back of the property.  Located on a private road off of Fellows Hill, close to the Belmont/Northfield town line.  Buyers to perform own due diligence as seller has limited knowledge of the property.
Unit Size
-
Days on Market
-
Land Size
3.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1960

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 #4933692)

Price History

Date / Event Date Event Price
Feb 22, 2024 Sold
Premium
Sold
Jan 16, 2024 Listed by Today Real Estate $149,000
Listed by Today Real Estate
Oct 27, 2023 Sold
Premium
Sold
Oct 14, 2022 Listed by Today Real Estate $63,000
Listed by Today Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 4
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 26
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 8
  • 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: 130,680
  • Total Building Area: 400
  • Gross Building Area: 400
  • Building Area: 400
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 14
  • Heated Square Feet: 400
  • Heating Fuel Type: 9

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Winnisquam Regional School District
  • School Tax School District: WINNISQUAM RGNL
  • Census Tract: 965801

Zoning

  • Zoning: CONSVC

Geography

  • Parcel: NRTF M:00R20 L:000008 S:000000
  • Lot: 8
  • Municipality: NORTHFIELD
  • Latitude: 43.4212
  • Longitude: -71.4894

    Address

  • Full Address: 5 Shady Ln
  • Address - House Number: 5
  • Address - Street Name: Shady
  • Address - Suffix Type: Ln
  • State: NH
  • City Name: Belmont
  • Zip Code: 03220

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $111,200

    Appraisal Valuation

  • Standard Deviation: 0.2039
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 148,512
  • High Value: 178,794
  • Low Value: 118,230

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $76,400
  • Assessed Land Value: $75,600
  • Assessed Improvements Value: $800

    Sales

  • Current Sale Contract Date: Feb 21, 2024
  • Current Sale Recording Date: Feb 22, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202400002307

    Financing

  • First Mortgage Financing Type: ADJ
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 Merrimack

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$203

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3233 ft²

Average Home Age

71.9 years

Currently For Sale

338 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

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Prime

Listed by: Dana Flanders, Today Real Estate
Last Updated Date: 2023-10-28
Last Checked: 2 hours ago
Data Source: Prime MLS, MLS# 4933692
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 Shady Lane built and last sold?
The property at 5 Shady Lane was built in 1960 and last sold on Feb 21, 2024 for $130,000.
How much is this home worth?
The estimated value of the home located at 5 Shady Lane is $0.
What are some comparable homes to 5 Shady Lane?
There are currently no comparable homes to 5 Shady Lane.
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