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Rockingham
55 Pit Lane
Listed by: Margaret Pesce, Great Island Realty LLC, Selling Office: KW Coastal and Lakes & Mountains Realty, Listing Courtesy of Prime MLS
$1,050,000
● House - Off Market

55 Pit Lane

New Castle, NH 03854
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,924 Ft²
$1,055,301
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

A rare find in New Castle! If you are looking for privacy, peace and tranquility this is it.  This home boasts three bedrooms, two full baths, eat in kitchen, large living room with wood burning fireplace, two car attached garage with space above, full basement with high ceilings. Close to downtown Portsmouth, Wentworth by the Sea Hotel, Marina and Country Club. A short walk to New Castle beach. All of this plus low New Castle taxes. Come refresh this home and make it your own. Be sure to view attached tours.
Unit Size
1,924 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$520
Property Type
House
Property Taxes
$348
HOA Dues
-
Year Built
1979

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 #4910945)

Price History

Date / Event Date Event Price
Nov 30, 2022 Sold
Premium
Sold
May 19, 2022 Listed by Great Island Realty LLC $1,000,000
Listed by Great Island Realty LLC

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • 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: 24,132
  • Total Building Area: 2,400
  • Gross Building Area: 4,222
  • Building Area: 2,400
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,400
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000554
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: New Castle School District
  • School Tax School District: NEW CASTLE
  • Census Tract: 069700

Zoning

  • Zoning: MD MO

Geography

  • Parcel: NCAS M:00012 B:000001 L:000000
  • Block: 1
  • Municipality: NEW CASTLE
  • Latitude: 43.0686
  • Longitude: -70.7179

    Address

  • Full Address: 55 Pit Ln
  • Address - House Number: 55
  • Address - Street Name: Pit
  • Address - Suffix Type: Ln
  • State: NH
  • City Name: New Castle
  • Carrier Code: R777
  • 4-Digit Zip Code: 4450
  • Zip Code: 03854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $435,500

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 81
  • Final Value: 1,238,613
  • High Value: 1,428,724
  • Low Value: 1,048,501

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $874,400
  • Assessed Land Value: $565,200
  • Assessed Improvements Value: $309,200

    Sales

  • Current Sale Contract Date: Nov 29, 2022
  • Current Sale Recording Date: Nov 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 22049589
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:

$629,900

Sale Price/ft²

$252

Below Asking

0.01%

Average Days on Market

56

Average Home Size

3058 ft²

Average Home Age

48.6 years

Currently For Sale

783 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 40 Elwyn, Rye, 03870

$3,300 /mo

  • 2 Beds
  • 1 Bath
  • 2,164 ft²
40 Elwyn, Rye, 03870 Listing by Anna Hayes
Unit for rent at 267 Pioneer, Rye, 03870

$2,800 /mo

  • 2 Beds
  • 1 Bath
  • 792 ft²
267 Pioneer, Rye, 03870 Listing by Felicia Perkins

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Margaret Pesce, Great Island Realty LLC
Last Updated Date: 2022-11-30
Last Checked: 9 hours ago
Data Source: Prime MLS, MLS# 4910945
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 55 Pit Lane built and last sold?
The property at 55 Pit Lane was built in 1979 and last sold on Nov 29, 2022 for $1,050,000.
How much is this home worth?
The estimated value of the home located at 55 Pit Lane is $0.
What are some comparable homes to 55 Pit Lane?
There are currently no comparable homes to 55 Pit Lane.
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