by RH Advisors
For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Gorham 03581
8 Shady Drive
Listed by: Lucie Remillard, RE/MAX Northern Edge Realty LLC, Selling Office: Coldwell Banker Realty Bedford NH, Listing Courtesy of Prime MLS
$37,000
● Mobile Manufactured - Off Market

8 Shady Drive

Gorham, NH 03581
bedrooms
3 Beds
bathrooms
1 Bath
square feet
952 Ft²
$54,850
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

It's time to stop paying rent - check out this nice 3 bedroom mobile home on .163 acres of land.  No lot fees, no park restrictions!!  This home had a new hot air furnace installed in 2015, a new hot water tank in 2016, remodeled kitchen, spacious living & kitchen areas.  Enjoy a barbeque on the back deck, very private area of town located on a dead end street.  Easy walks to down town shopping, restaurants, church and schools.  If you enjoy ATV or Snowmachine riding, the trails are only seconds away.  A great little shed to store your tools, lawn & snow blower.  Plenty of room for parking or even planting a small vegetable & flower garden.  Move in ready!
Unit Size
952 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$39
Property Type
Mobile Manufactured
Property Taxes
$95
HOA Dues
-
Year Built
1974

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 #4786855)

Price History

Date / Event Date Event Price
Dec 30, 2019 Sold
Premium
Sold
Nov 30, 2019 Listed by RE/MAX Northern Edge Realty LLC $37,500
Listed by RE/MAX Northern Edge Realty LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 33
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • 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: 7,100
  • Total Building Area: 952
  • Gross Building Area: 1,148
  • Building Area: 952
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 952
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000163
  • Standard Land Use Code: 1006
  • County Land Use Code: 103
  • Mobile Home Indicator: T
  • Legal Description 1: M:U5 L:57; MOBILE HOME;MOBILE HOME

Neighborhood

  • School District Name: Gorham Randolph Shelburne Cooperative School District
  • School Tax School District: GORHMRNDLPHSHLB
  • Census Tract: 950900

Zoning

  • Zoning: RA

Geography

  • Account Number: 459
  • District: GORH
  • Parcel: GORH M:U5 L:57
  • Lot: 57
  • Municipality: GORHAM
  • Latitude: 44.3891
  • Longitude: -71.1813

    Address

  • Full Address: 8 Shady Dr
  • Address - House Number: 8
  • Address - Street Name: Shady
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: Gorham
  • Carrier Code: C002
  • 4-Digit Zip Code: 1615
  • Zip Code: 03581

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $122,200

    Appraisal Valuation

  • Standard Deviation: 0.166
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 66
  • Final Value: 60,435
  • High Value: 70,471
  • Low Value: 50,398

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $50,400
  • Assessed Land Value: $25,400
  • Assessed Improvements Value: $25,000
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 Gorham

Stats & Trends

Median Asking:

$217,450

Sale Price/ft²

$95

Below Asking

0.06%

Average Days on Market

96

Average Home Size

3053 ft²

Average Home Age

115.1 years

Currently For Sale

15 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 429 Main, Gorham, 03581

$1,500 /mo

  • 2 Beds
  • 1,056 ft²
429 Main, Gorham, 03581 Listing by Kathleen Frisk

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Lucie Remillard, RE/MAX Northern Edge Realty LLC
Last Updated Date: 2019-12-31
Last Checked: -3 hour ago
Data Source: Prime MLS, MLS# 4786855
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 Shady Drive built and last sold?
The property at 8 Shady Drive was built in 1974 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8 Shady Drive is $0.
What are some comparable homes to 8 Shady Drive?
There are currently no comparable homes to 8 Shady Drive.
Recent Neighborhood News
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
The Current Status of iBuying in 2026: What To Know
Popular Searches
Gorham Homes for Sale
Gorham Houses for Sale
Gorham Multifamily for Sale
Gorham Land for Sale
Gorham Commercial for Sale
Gorham Homes with Basements
Gorham Homes with Pools
Gorham Homes with Parking
Nearby Cities
Berlin Homes for Sale
Nearby Property Records
Oxford County, ME Property Records
Coos County, NH Property Records
Essex County, VT Property Records
Carroll County, NH Property Records
Caledonia County, VT Property Records
Grafton County, NH Property Records
Androscoggin County, ME Property Records
Cumberland County, ME Property Records
Nearby Counties
Berlin Homes for Sale
Shelburne Homes for Sale
Randolph Homes for Sale
Success Homes for Sale
Top Real Estate Agents
Top Agents in Gorham
Top Agents in 03570
Top Agents in Berlin
Top Agents in Berlin
Top Agents in 03581
Top Agents in Shelburne
Top Agents in Randolph
Top Agents in Success