by RH Advisors
For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Merrimack 03255
8 Gerald Drive
Listed by: Linda Johnson, Ideal Properties, Selling Office: Ideal Properties, Listing Courtesy of Prime MLS
$115,000
● House - Off Market

8 Gerald Drive

Newbury, NH 03255
bedrooms
2 Beds
bathrooms
1 Bath
square feet
888 Ft²
$244,516
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model

About This Property

Looking for a direct waterfront property for a Great Price? This 2 bedroom home is direct waterfront on Chalk Pond..Spacious with 3 season porch priced really well! Check it out..across the street from the Playground & Tennis Court so it's convenient for the active family.Brick Fireplace. Minutes to Mt. Sunapee.Association fee: $225, Initiation fee: $100
Unit Size
888 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$163
Property Type
House
Property Taxes
$311
HOA Dues
-
Year Built
2019

Payment Calculator (Computations Provided by RealtyHop)

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #4477540)

Price History

Date / Event Date Event Price
Oct 31, 2016 Sold
Premium
Sold
Mar 21, 2016 Listed by Ideal Properties $145,000
Listed by Ideal Properties

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 14
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • 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: 13,939
  • Total Building Area: 1,642
  • Gross Building Area: 3,162
  • Building Area: 1,642
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,642
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Kearsarge Regional School District
  • School Tax School District: KEARSARGE RGNL
  • Census Tract: 040502

Zoning

  • Zoning: RESIDE

Geography

  • Parcel: NWBU M:028 B:168 L:015
  • Block: 168
  • Lot: 15
  • Municipality: NEWBURY
  • Latitude: 43.3511
  • Longitude: -72.0126

    Address

  • Full Address: 8 Gerald Dr
  • Address - House Number: 8
  • Address - Street Name: Gerald
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: Newbury
  • Zip Code: 03255

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $760,500

    Appraisal Valuation

  • Standard Deviation: 0.1465
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 82
  • Final Value: 926,631
  • High Value: 1,062,395
  • Low Value: 790,866

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $668,300
  • Assessed Land Value: $380,100
  • Assessed Improvements Value: $288,200

    Sales

  • Current Sale Recording Date: Oct 31, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201600020335
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 Merrimack

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$203

Below Asking

0.02%

Average Days on Market

57

Average Home Size

3252 ft²

Average Home Age

73.2 years

Currently For Sale

344 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

Unit for rent at 6 High Ridge, Newbury, 03255

$2,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,344 ft²
6 High Ridge, Newbury, 03255 Listing by Melissa Allen

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Linda Johnson, Ideal Properties
Last Updated Date: 2020-05-06
Last Checked: 8 hours ago
Data Source: Prime MLS, MLS# 4477540
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 8 Gerald Drive built and last sold?
The property at 8 Gerald Drive was built in 2019 and last sold on Jan 1, 1970 for $115,000.
How much is this home worth?
The estimated value of the home located at 8 Gerald Drive is $0.
What are some comparable homes to 8 Gerald Drive?
There are currently no comparable homes to 8 Gerald Drive.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Newbury Homes for Sale
Newbury Houses for Sale
Newbury Condos for Sale
Newbury Land for Sale
Newbury Commercial for Sale
Newbury Homes with Basements
Newbury Homes with Pools
Newbury Homes with Parking
Nearby Cities
Newport Homes for Sale
New London Homes for Sale
Warner Homes for Sale
Bradford Homes for Sale
Blodgett Landing Homes for Sale
Nearby Property Records
Sullivan County, NH Property Records
Merrimack County, NH Property Records
Cheshire County, NH Property Records
Windsor County, VT Property Records
Belknap County, NH Property Records
Hillsborough County, NH Property Records
Grafton County, NH Property Records
Windham County, VT Property Records
Nearby Counties
Hillsborough Homes for Sale
New London Homes for Sale
Newport Homes for Sale
Sunapee Homes for Sale
Henniker Homes for Sale
Washington Homes for Sale
Sutton Homes for Sale
Warner Homes for Sale
Top Real Estate Agents
Top Agents in Newbury
Top Agents in Hillsborough
Top Agents in 03773
Top Agents in 03257
Top Agents in New London
Top Agents in Newport
Top Agents in Sunapee
Top Agents in Newport