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Merrimack
832 Franklin Highway
Listed by: Arthur Urie, Lake Farm Realty, Selling Office: Roche Realty Group, Listing Courtesy of Prime MLS
$112,000
● House - Off Market

832 Franklin Highway

Andover, NH 03216
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,286 Ft²
$175,577
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

3 bedrooms with first floor mater. Playroom on second floor only needs a finished floor. Separate laundry room, open living area with wood stove, attached barn provides storage or work space. Big enclosed porch expands living space in three seasons. Walk to Highland lake beach, walk across the street to the rail trail for hiking, biking or snowmachine riding. Short distance to Ragged Mountain Skiing. it has the charm of an older home with the hard work done. Bring the family or bring the family and friends for a ski or holiday weekend/
Unit Size
1,286 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$81
Property Type
House
Property Taxes
$193
HOA Dues
-
Year Built
1853

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 #4504999)

Price History

Date / Event Date Event Price
Sep 16, 2016 Sold
Premium
Sold
Jul 19, 2016 Listed by Lake Farm Realty $104,000
Listed by Lake Farm Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1853
  • Effective Year Built: 1853
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 14,810
  • Total Building Area: 1,489
  • Gross Building Area: 2,433
  • Building Area: 1,489
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,489
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • School Tax School District: ANDOVER
  • Census Tract: 042500

Zoning

  • Zoning: AR R

Geography

  • Parcel: ANDV M:00016 B:000602 L:000263
  • Block: 602
  • Lot: 263
  • Municipality: ANDOVER
  • Latitude: 43.4623
  • Longitude: -71.7452

    Address

  • Full Address: 832 Franklin Hwy
  • Address - House Number: 832
  • Address - Street Name: Franklin
  • Address - Suffix Type: Hwy
  • State: NH
  • City Name: Andover
  • Carrier Code: R001
  • 4-Digit Zip Code: 4147
  • Zip Code: 03216

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $310,700

    Appraisal Valuation

  • Standard Deviation: 0.2107
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 57
  • Final Value: 162,621
  • High Value: 196,898
  • Low Value: 128,343

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $135,400
  • Assessed Land Value: $56,000
  • Assessed Improvements Value: $79,400
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:

$479,900

Sale Price/ft²

$201

Below Asking

0.01%

Average Days on Market

57

Average Home Size

3338 ft²

Average Home Age

72.2 years

Currently For Sale

461 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: Arthur Urie, Lake Farm Realty
Last Updated Date: 2016-09-16
Last Checked: 2 hours ago
Data Source: Prime MLS, MLS# 4504999
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 832 Franklin Highway built and last sold?
The property at 832 Franklin Highway was built in 1853 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 832 Franklin Highway is $0.
What are some comparable homes to 832 Franklin Highway?
There are currently no comparable homes to 832 Franklin Highway.
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