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Grafton
785 Plains Road
Listed by: William Somerset, Somerset Group Real Estate, Selling Office: Allison James Estates and Homes, Listing Courtesy of Prime MLS
$211,000
● House - Off Market

785 Plains Road

Monroe, NH 03771
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,233 Ft²
$192,303
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Multiple offers.  Highest and best due Friday 7-29-22 by noon.  Monroe NH, 03771.  Welcome to the beautiful North Country.  This ranch style home sits on a rural 1.5 acre lot and features 3 bedrooms and 2 bathrooms.  The 2 car garage under provides direct access to the interior.  The seller has just completed recent repairs such as exterior painting, new HVAC and hot water tank, new flooring and plumbing repairs.  This is a great opportunity at a great price in an area with very few homes are for sale.  This property is eligible under the Freddie Mac First look program beginning 7-20-2022.  Details on the program and all inspection report prior to repairs are attached.
Unit Size
2,233 Ft²
Days on Market
-
Land Size
1.50 acres
Price per sqft
$83
Property Type
House
Property Taxes
$190
HOA Dues
-
Year Built
1965

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #4921744)

Price History

Date / Event Date Event Price
Sep 13, 2022 Sold
Premium
Sold
Jul 20, 2022 Listed by Somerset Group Real Estate $184,900
Listed by Somerset Group Real Estate
Feb 1, 2022 Sold
Premium
Sold
Mar 20, 2007 Sold
Premium
Sold

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • 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: 65,340
  • Total Building Area: 2,233
  • Gross Building Area: 4,312
  • Building Area: 2,233
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,233
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001500
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Monroe School District
  • School Tax School District: MONROE
  • Census Tract: 960300

Zoning

  • Zoning: ALL RE

Geography

  • Parcel: MORE M:00R02 L:000005 S:000000
  • Lot: 5
  • Municipality: MONROE
  • Latitude: 44.2474
  • Longitude: -72.0302

    Address

  • Full Address: 785 Plains Rd
  • Address - House Number: 785
  • Address - Street Name: Plains
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Monroe
  • Carrier Code: R001
  • 4-Digit Zip Code: 3306
  • Zip Code: 03771

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $232,500

    Appraisal Valuation

  • Standard Deviation: 0.238
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 66
  • Final Value: 289,621
  • High Value: 358,566
  • Low Value: 220,677

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $190,700
  • Assessed Land Value: $41,600
  • Assessed Improvements Value: $149,100

    Sales

  • Current Sale Contract Date: Sep 13, 2022
  • Current Sale Recording Date: Sep 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 22012645
  • Previous Sale Recording Date: Feb 01, 2022
  • Previous Sale Contract Date: Jan 25, 2022
  • Previous Sale Amount: $251,196
  • Previous Sale Document Type: 34
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 Grafton

Stats & Trends

Median Asking:

$449,900

Sale Price/ft²

$226

Below Asking

0.02%

Average Days on Market

68

Average Home Size

2634 ft²

Average Home Age

60.5 years

Currently For Sale

689 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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Prime

Listed by: William Somerset, Somerset Group Real Estate
Last Updated Date: 2022-09-14
Last Checked: 5 hours ago
Data Source: Prime MLS, MLS# 4921744
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 785 Plains Road built and last sold?
The property at 785 Plains Road was built in 1965 and last sold on Sep 13, 2022 for $211,000.
How much is this home worth?
The estimated value of the home located at 785 Plains Road is $206,366.
What are some comparable homes to 785 Plains Road?
There are currently no comparable homes to 785 Plains Road.
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