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Belknap
509 Cherry Valley Road
Listed by: Ellen Mulligan, Coldwell Banker Realty Center Harbor NH, Selling Office: Great Island Realty LLC, Listing Courtesy of Prime MLS
$109,900
● Land - Off Market

509 Cherry Valley Road

Gilford, NH 03249
bedrooms
Studio
bathrooms
0 Bath
$121,077
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Great building lot with filtered views of lake and mountains.  Stone walls, nicely sloping lot, great for a walk out lower level.  An active spring pumping gallons of fresh water on site.  In an area of fine homes close to skiing, hiking, restaurants, shopping, theaters, a world class concert facility, a town beach on Lake Winnipesaukee open only to Gilford land owners, also close to schools with a track, ball fields and tennis courts, a library and a beautiful country village.
Unit Size
-
Days on Market
-
Land Size
2.02 acres
Price per sqft
-
Property Type
Land
Property Taxes
$816
HOA Dues
-
Year Built
-

Payment Calculator (Computations Provided by RealtyHop)

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Cap Rate Calculator

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Operating Profit Per Year
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 #4858248)

Price History

Date / Event Date Event Price
May 5, 2023 Sold
Premium
Sold
Apr 22, 2022 Listed by KW Coastal and Lakes & Mountains Realty/Meredith $199,000
Listed by KW Coastal and Lakes & Mountains Realty/Meredith
Fantastic opportunity to build your dream home with peek-a-boo lake and mountain views! Stonewalls, seasonal stream, gently sloping, mostly cleared lot. Conveniently located just minutes to Lake Winnipesaukee, Gunstock Mountain Resort, surrounding shops, restaurants and nearby attractions. This 2+ acre lot supports one of two possible homesite locations with an approved 4bdrm septic design, driveway permit in place (expires January 2023), completed survey, perc test results and wetlands permit. Bring your building plans and start enjoying all that the Lakes Region has to offer!
Dec 20, 2021 Sold
Premium
Sold
Apr 29, 2021 Listed by Coldwell Banker Realty Center Harbor NH $109,900
Listed by Coldwell Banker Realty Center Harbor NH

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: 87,991
  • 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: 0000002020
  • Standard Land Use Code: 8001
  • County Land Use Code: 130
  • Legal Description 1: M:240 B:087 L:000; RES DEV LAND

Neighborhood

  • School District Name: Gilford School District
  • School Tax School District: GILFORD
  • Census Tract: 966404

Zoning

  • Zoning: LR

Geography

  • Account Number: 240-087-000
  • District: GIFL
  • Parcel: GIFL M:240 B:087 L:000
  • Block: 87
  • Municipality: GILFORD
  • Latitude: 43.563
  • Longitude: -71.376

    Address

  • Full Address: 509 Cherry Valley Rd
  • Address - House Number: 509
  • Address - Street Name: Cherry Valley
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Gilford
  • Carrier Code: R010
  • 4-Digit Zip Code: 7847
  • Zip Code: 03249

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $131,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $107,210
  • Assessed Land Value: $107,210

    Sales

  • Current Sale Contract Date: May 05, 2023
  • Current Sale Recording Date: May 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2303446

    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 Belknap

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$234

Below Asking

0.03%

Average Days on Market

69

Average Home Size

2701 ft²

Average Home Age

54.2 years

Currently For Sale

356 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 22 Glendale, Gilford, 03249

$1,750 /mo

  • 2 Beds
  • 1 Bath
  • 500 ft²
22 Glendale, Gilford, 03249 Listing by Tricia Balint
Unit for rent at 52 Crestview, Gilford, 03249

$2,200 /mo

  • 4 Beds
  • 2 Baths
  • 1,350 ft²
52 Crestview, Gilford, 03249 Listing by Jessica Haines

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Ellen Mulligan, Coldwell Banker Realty Center Harbor NH
Last Updated Date: 2021-12-21
Last Checked: 3 hours ago
Data Source: Prime MLS, MLS# 4858248
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 509 Cherry Valley Road built and last sold?
The property at 509 Cherry Valley Road was built in and last sold on May 5, 2023 for $174,000.
How much is this home worth?
The estimated value of the home located at 509 Cherry Valley Road is $0.
What are some comparable homes to 509 Cherry Valley Road?
There are currently no comparable homes to 509 Cherry Valley Road.
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