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Rockingham 03833
54 Drinkwater Road
Listed by: Tim Cheney, RE/MAX Shoreline, Selling Office: Open Concepts Realty, Listing Courtesy of Prime MLS
$430,000
● House - Off Market

54 Drinkwater Road

Exeter, NH 03833
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,074 Ft²
$486,578
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

This truly unique opportunity to own over 7 acres in Exeter should not be missed! Conveniently located just minutes from downtown and neighboring conservation land; proximity and privacy like this is one of a kind. There is an existing home on the land, which could become a fixer upper project or serve as the foundation for your new home! A cleared field just behind the barn offers another prime build site or the back portion of the lot could be cleared for maximum privacy. Come see the amazing potential for yourself!
Unit Size
1,074 Ft²
Days on Market
-
Land Size
7.30 acres
Price per sqft
$447
Property Type
House
Property Taxes
$650
HOA Dues
-
Year Built
1968

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 #4890108)

Price History

Date / Event Date Event Price
Sep 6, 2023 Sold
Premium
Sold
Apr 11, 2023 Listed by RE/MAX Shoreline $1,100,000
Listed by RE/MAX Shoreline
Apr 29, 2022 Sold
Premium
Sold
Nov 10, 2021 Listed by RE/MAX Shoreline $480,000
Listed by RE/MAX Shoreline

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 744
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 185,566
  • Total Building Area: 744
  • Gross Building Area: 2,006
  • Building Area: 744
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 744
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000004260
  • Standard Land Use Code: 8016
  • County Land Use Code: 106

Neighborhood

  • School District Name: Exeter Regional Cooperative School District
  • Census Tract: 106400

Zoning

  • Zoning: R-1

Geography

  • Account Number: D8564S
  • District: EXTR
  • Parcel: EXTR M:106 L:002
  • Lot: 2
  • Municipality: EXETER
  • Latitude: 42.9653
  • Longitude: -70.9316

    Address

  • Full Address: 54 Drinkwater Rd
  • Address - House Number: 54
  • Address - Street Name: Drinkwater
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Exeter
  • Carrier Code: R003
  • 4-Digit Zip Code: 4600
  • Zip Code: 03833

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $546,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $204,100
  • Assessed Land Value: $192,100
  • Assessed Improvements Value: $12,000

    Sales

  • Current Sale Contract Date: Sep 05, 2023
  • Current Sale Recording Date: Sep 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 23026685
  • Previous Sale Recording Date: Apr 29, 2022
  • Previous Sale Contract Date: Apr 28, 2022
  • Previous Sale Amount: $430,000
  • Previous Sale Document Type: 71
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:

$625,000

Sale Price/ft²

$251

Below Asking

0.01%

Average Days on Market

53

Average Home Size

3046 ft²

Average Home Age

48.5 years

Currently For Sale

1098 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 85 Water, Exeter, 03833

$2,650 /mo

  • 1 Bed
  • 1 Bath
  • 924 ft²
85 Water #UNIT1, Exeter, 03833 Listing by Hunter Carey

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Tim Cheney, RE/MAX Shoreline
Last Updated Date: 2022-05-01
Last Checked: -2 hour ago
Data Source: Prime MLS, MLS# 4890108
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 54 Drinkwater Road built and last sold?
The property at 54 Drinkwater Road was built in 1968 and last sold on Sep 5, 2023 for $1,090,000.
How much is this home worth?
The estimated value of the home located at 54 Drinkwater Road is $0.
What are some comparable homes to 54 Drinkwater Road?
There are currently no comparable homes to 54 Drinkwater Road.
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