Listed by: Tanner Wheeler, Senne Residential LLC, Selling Office: Pinkham Real Estate, Listing Courtesy of Prime MLS
$55,000
●
House -
Off Market
572 Passaconaway Road
Conway, NH 03818
1 Bed
1 Bath
880 Ft²
$567
Est. Monthly
19.78%
Cap Rate
About This Property
RARE OPPORTUNITY TO PURCHASE A COTTAGE AT THE DOORSTEP OF THE WHITE
MOUNTAINS. Located on the fringe of Conway, NH and close to some of
the East Coast's most incredible skiing, hiking, and biking trails
is this spacious cottage in need of a new owner. The building is
880sf and has a kitchen, living room, full bathroom, big sun room,
one bedroom and a similar sized den/office space. There is
electricity and a drilled well on site. The property hasn't been
used in many years so the yard is overgrown and many repairs are
needed. Cash offers only, sold AS-IS.
Unit Size
880 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$97
Property Type
House
Property Taxes
$149
HOA Dues
-
Year Built
1930
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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 #4999978)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 12, 2025 | Listed | $75,000 | |
| Listed | |||
| | |||
|
Unmatched opportunity in Conway—listed at just $75K! Whether you're an investor, builder, or visionary, this .19-acre lot offers limitless potential as a fix-and-flip or new build site. Unlike most raw land, this property comes with electricity, a drilled well, and an existing septic system—a major advantage in streamlining your project. Private, yet minutes from Swift River, the Kancamagus Highway, and North Conway’s top attractions, this location offers both seclusion and accessibility. With land values on the rise and few (if any) comparable opportunities at this price point, securing this lot now could be a strategic move before prices climb even higher. Don’t miss the chance to stake your claim in the highly sought-after Mount Washington Valley market.
| |||
| Jul 18, 2024 | Sold | ||
| Sold | |||
| Jun 21, 2024 | In contract | - | |
| In contract | |||
| Jun 11, 2024 | Listed by Senne Residential LLC | $85,000 | |
| Listed by Senne Residential LLC | |||
| Jun 30, 2020 | Sold | ||
| Sold | |||
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Property Highlights
Building Info
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About Carroll
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Listed by: Tanner Wheeler, Senne Residential LLC
Last Updated Date: 2024-07-19
Last Checked: -1 hour ago
Data Source: Prime MLS, MLS# 4999978
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: 2024-07-19
Last Checked: -1 hour ago
Data Source: Prime MLS, MLS# 4999978
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