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Cheshire 03470
515 Forest Lake
Listed by: Dick Thackston, R.H. Thackston & Company, 603-357-2121 Selling Office: R.H. Thackston & Company, Listing Courtesy of Prime MLS
$205,000
● House - Off Market

515 Forest Lake

Winchester, NH 03470
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,240 Ft²
$1,422
Est. Monthly

About This Property

Property is HUD owned. CASE#341-121133.  Great location on Forest Lake Road!! Large New Englander with spacious lot! 2200+/- square feet on 4.09 acres!!! Functional layout, room to roam and so much potential! 3 bedrooms, 1.5 bathrooms. Updates throughout the years, but ready for you to make it your own.
Unit Size
2,240 Ft²
Days on Market
-
Land Size
4.09 acres
Price per sqft
$92
Property Type
House
Property Taxes
$415
HOA Dues
-
Year Built
1900

Payment Calculator (Computations Provided by RealtyHop)

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 9 months ago (Prime MLS #5040809)

Price History

Date / Event Date Event Price
Sep 4, 2025 Sold
Premium
Sold
May 14, 2025 Listed by R.H. Thackston & Company $205,000
Listed by R.H. Thackston & Company

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 200
  • 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: 178,160
  • Total Building Area: 2,240
  • Gross Building Area: 4,088
  • Building Area: 2,240
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,240
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004090
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Winchester School District
  • School Tax School District: WINCHESTER
  • Census Tract: 971700

Zoning

  • Zoning: LAKEFO

Geography

  • Parcel: WNCH M:00035 B:000012 L:000000
  • Block: 12
  • Municipality: WINCHESTER
  • Latitude: 42.7989
  • Longitude: -72.3675

    Address

  • Full Address: 515 Forest Lake Rd
  • Address - House Number: 515
  • Address - Street Name: Forest Lake
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Winchester
  • Carrier Code: R004
  • 4-Digit Zip Code: 2446
  • Zip Code: 03470

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $539,800

    Appraisal Valuation

  • Standard Deviation: 0.1908
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 74
  • Final Value: 302,869
  • High Value: 360,678
  • Low Value: 245,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $170,400
  • Assessed Land Value: $64,400
  • Assessed Improvements Value: $106,000
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 Cheshire

Stats & Trends

Median Asking:

$398,000

Sale Price/ft²

$169

Below Asking

0.02%

Average Days on Market

58

Average Home Size

3123 ft²

Average Home Age

83.9 years

Currently For Sale

263 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 27 Ashuelot, Winchester, 03470

$1,495 /mo

  • 2 Beds
  • 1,100 ft²
27 Ashuelot #B, Winchester, 03470 Listing by TJ Kelly

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Dick Thackston, R.H. Thackston & Company
Last Updated Date: 2025-09-05
Last Checked: 9 hours ago
Data Source: Prime MLS, MLS# 5040809
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 515 Forest Lake Road built and last sold?
The property at 515 Forest Lake Road was built in 1900 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 515 Forest Lake Road is $0.
What are some comparable homes to 515 Forest Lake Road?
There are currently no comparable homes to 515 Forest Lake Road.
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