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Rockingham
651 South Road
Listed by: Paul McInnis, Paul McInnis LLC, Selling Office: RE/MAX Rising Tide/Madden Group, Listing Courtesy of Prime MLS
$700,000
● Land - Off Market

651 South Road

Rye, NH 03870
bedrooms
Studio
bathrooms
0 Bath
$644,988
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

AUCTION (the listed price is the 2022 preliminary assessed value and not the selling price) 651 South Road is a 15.93 ± acre lot with 825 ± feet of road frontage, with an access easement off West Road. The site is improved with a 42' x 60' Morton building and another 42'x75' wood frame building each with concrete floors and large sliding doors. This property is ideally located east of Route 1 and just a short distance to the ocean. The property is being offered individually and in combination see 325 and 309 West Road. Terms: $10,000 deposit required to bid, 7% Buyer's Premium. Sale Per order of the Court-appointed co-administrators and all bids are subject to their approval. Delayed showings start 9/16.
Unit Size
-
Days on Market
-
Land Size
15.90 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

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 #4927391)

Price History

Date / Event Date Event Price
Oct 7, 2022 Sold
Premium
Sold
Aug 29, 2022 Listed by Paul McInnis LLC $616,400
Listed by Paul McInnis LLC

Property Highlights

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 693,911
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000015930
  • Standard Land Use Code: 8016
  • County Land Use Code: 106

Neighborhood

  • School District Name: Rye School District
  • School Tax School District: RYE
  • Census Tract: 071001

Zoning

  • Zoning: SRES

Geography

  • Account Number: 2188
  • Parcel: RYEE M:003 B:003
  • Block: 3
  • Municipality: RYE
  • Latitude: 42.9875
  • Longitude: -70.7998

    Address

  • Full Address: 651 South Rd
  • Address - House Number: 651
  • Address - Street Name: South
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Rye
  • Zip Code: 03870

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $495,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $616,400
  • Assessed Land Value: $556,100
  • Assessed Improvements Value: $60,300

    Sales

  • Current Sale Contract Date: Oct 05, 2022
  • Current Sale Recording Date: Oct 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 22043212
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

55

Average Home Size

2911 ft²

Average Home Age

49.2 years

Currently For Sale

1038 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

Rentals Near You

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Prime

Listed by: Paul McInnis, Paul McInnis LLC
Last Updated Date: 2022-10-07
Last Checked: 1 hour ago
Data Source: Prime MLS, MLS# 4927391
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 651 South Road built and last sold?
The property at 651 South Road was built in and last sold on Oct 5, 2022 for $700,000.
How much is this home worth?
The estimated value of the home located at 651 South Road is $0.
What are some comparable homes to 651 South Road?
There are currently no comparable homes to 651 South Road.
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