Listed by: Kate Grassi, KW Coastal and Lakes & Mountains Realty/Wolfeboro, Selling Office: Dale Sprague & Associates, LLC, Listing Courtesy of Prime MLS
$350,000
●
House -
Off Market
56 Estes Road
Rochester, NH 03839
3 Beds
2 Baths
1,232 Ft²
$1,916
Est. Monthly
9.23%
Cap Rate
About This Property
Back on the market due to buyer's inability to obtain financing.
This is the perfect oppportunity for anyone looking to build sweat
equity! This 3 bedroom, 2 bath ranch sits on a 2.47 acre lot with
frontage on both Estes Road and Washington St (Rt 202). The home
has been freshly cleaned and painted. Enter the home into a
semi-open concept kitchen, living, and dining room. Down the hall
you will find three generously sized bedrooms. The primary bedrrom
offers its own ensuite bathroom while the second bathroom is down
the hall. A full, unfinished basement provides an additional 1200
sq ft of potential space or storage. This one won't last long, book
your showing today! Septic Inspection available upon request
Unit Size
1,232 Ft²
Days on Market
-
Land Size
2.47 acres
Price per sqft
$244
Property Type
House
Property Taxes
$442
HOA Dues
-
Year Built
1987
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Cap Rate Calculator
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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 #4974193)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 22, 2023 | Sold | ||
| Sold | |||
| Oct 14, 2023 | Listed by KW Coastal and Lakes & Mountains Realty/Wolfeboro | $300,000 | |
| Listed by KW Coastal and Lakes & Mountains Realty/Wolfeboro | |||
| Jun 29, 2019 | No longer available | - | |
| No longer available | |||
| May 14, 2019 | Listed | $189,000 | |
| Listed | |||
| | |||
|
A rare opportunity to live on a private 2.47-acre lot in a desirable and convenient area of Rochester! Bring your finishing touches and make this three-bedroom Ranch your own. Master bedroom has a three-quarter bath. Nice layout, with large eat-in kitchen with sliding doors and deck. Perfect for gardening or raising chickens, with several outbuildings on site. Bonus area in basement could be used for an office or playroom. The manager has listed the unit size as 1232 square feet.
| |||
| Apr 17, 2019 | No longer available | - | |
| No longer available | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Rochester
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Listed by: Kate Grassi, KW Coastal and Lakes & Mountains Realty/Wolfeboro
Last Updated Date: 2023-12-18
Last Checked: less than 1 hour ago
Data Source: Prime MLS, MLS# 4974193
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.
Last Updated Date: 2023-12-18
Last Checked: less than 1 hour ago
Data Source: Prime MLS, MLS# 4974193
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