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Raymond 03077
7 Pierce Road
$268,000
● House - Off Market

7 Pierce Road

Raymond, NH 03077
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,709 Ft²
$417,363
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

MOTIVATED SELLER SAYS MAKE AN OFFER! 4 bedroom 2 bathroom cape in convenient commuting location - Just minutes to Rt 101 exit 4! The 1st floor consists of a good sized living room, a dining room with newly refinished wide pine floors & a pellet stove, a fully applianced kitchen, a 1st floor bedroom and a full bathroom. The kitchen has a door leading to the back deck which over looks the in-ground pool and surrounding patio! There are brand new oak stair treads leading to the 2nd floor which has a large master bedroom with double closets, 2 additional bedrooms and a 3/4 bathroom. The basement has a large finished room which would make a great office, exercise room, man cave, family room, etc.!
Unit Size
1,709 Ft²
Days on Market
-
Land Size
0.87 acres
Price per sqft
$161
Property Type
House
Property Taxes
$455
HOA Dues
-
Year Built
1984

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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: 4 months ago (MLSPIN #72396145)

Price History

Date / Event Date Event Price
Dec 3, 2018 Sold
Premium
Sold
Sep 12, 2018 Listed by The Real Estate Hub, LLC $275,000
Listed by The Real Estate Hub, LLC

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 37,897
  • Total Building Area: 1,469
  • Gross Building Area: 2,669
  • Building Area: 1,469
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,469
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000870
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Raymond School District
  • School Tax School District: RAYMOND
  • Census Tract: 055002

Zoning

  • Zoning: B

Geography

  • Account Number: 4229
  • Parcel: RAYM M:022-4 L:035
  • Lot: 35
  • Municipality: RAYMOND
  • Latitude: 43.0225
  • Longitude: -71.1904

    Address

  • Full Address: 7 Pierce Rd
  • Address - House Number: 7
  • Address - Street Name: Pierce
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Raymond
  • Carrier Code: R004
  • 4-Digit Zip Code: 2340
  • Zip Code: 03077

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $639,200

    Appraisal Valuation

  • Standard Deviation: 0.1878
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 471,252
  • High Value: 559,757
  • Low Value: 382,747

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $308,500
  • Assessed Land Value: $115,200
  • Assessed Improvements Value: $193,300

    Sales

  • Current Sale Recording Date: Dec 03, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 18048912
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 Raymond

Stats & Trends

Median Asking:

$474,900

Sale Price/ft²

$195

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2353 ft²

Average Home Age

59.2 years

Currently For Sale

9 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72396145

Frequently Asked Questions

When was property at 7 Pierce Road built and last sold?
The property at 7 Pierce Road was built in 1984 and last sold on Jan 1, 1970 for $268,000.
How much is this home worth?
The estimated value of the home located at 7 Pierce Road is $285,424.
What are some comparable homes to 7 Pierce Road?
There are currently no comparable homes to 7 Pierce Road.
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