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Laconia 03246
87 Morningside Street
Listed by: Susan Cummins, BHHS Verani Belmont, Selling Office: BHHS Verani Belmont, Listing Courtesy of Prime MLS
$419,000
● House - Off Market

87 Morningside Street

Laconia, NH 03246
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,604 Ft²
$632,876
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

A beautiful home with a deeded sandy beach directly across the street..Windmill Shores Association! BIG open water views, day dock, swimming raft and this lovely neighborhood. Association fee is just  $125 per year.. Beautiful 10 room home in impeccable condition inside and out..LR with a brick fireplace, enclosed sunroom/porch, adorable garden shed, paving stone pation, composite deck and the family room looks out over the beach...you're practically in the sand!!
Unit Size
2,604 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$165
Property Type
House
Property Taxes
$514
HOA Dues
-
Year Built
1955

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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 #4752367)

Price History

Date / Event Date Event Price
May 17, 2019 Sold
Premium
Sold
Apr 10, 2019 Listed by BHHS Verani Belmont $429,000
Listed by BHHS Verani Belmont
Apr 1, 2014 Sold
Premium
Sold

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,132
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 1,808
  • Gross Building Area: 4,056
  • Building Area: 1,808
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,808
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: M:374 B:291 L:19; 1-FAM RES

Neighborhood

  • School District Name: Laconia School District
  • School Tax School District: LACONIA
  • Census Tract: 966100

Zoning

  • Zoning: RS

Geography

  • Account Number: 425
  • District: LACO
  • Parcel: LACO M:374 B:291 L:19
  • Block: 291
  • Lot: 19
  • Municipality: LACONIA
  • Latitude: 43.5446
  • Longitude: -71.4779

    Address

  • Full Address: 87 Morningside Dr
  • Address - House Number: 87
  • Address - Street Name: Morningside
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: Laconia
  • Carrier Code: C011
  • 4-Digit Zip Code: 2646
  • Zip Code: 03246

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $668,400

    Appraisal Valuation

  • Standard Deviation: 0.2351
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 67
  • Final Value: 615,201
  • High Value: 759,881
  • Low Value: 470,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $480,500
  • Assessed Land Value: $157,200
  • Assessed Improvements Value: $323,300

    Sales

  • Current Sale Contract Date: May 17, 2019
  • Current Sale Recording Date: May 17, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1904559
  • Previous Sale Recording Date: Apr 01, 2014
  • Previous Sale Amount: $299,000
  • Previous Sale Document Type: 71
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 Laconia

Stats & Trends

Median Asking:

$485,000

Sale Price/ft²

$215

Below Asking

0.02%

Average Days on Market

73

Average Home Size

2534 ft²

Average Home Age

48.2 years

Currently For Sale

142 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: Susan Cummins, BHHS Verani Belmont
Last Updated Date: 2019-05-17
Last Checked: 2 hours ago
Data Source: Prime MLS, MLS# 4752367
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 87 Morningside Drive built and last sold?
The property at 87 Morningside Drive was built in 1955 and last sold on May 17, 2019 for $419,000.
How much is this home worth?
The estimated value of the home located at 87 Morningside Drive is $0.
What are some comparable homes to 87 Morningside Drive?
There are currently no comparable homes to 87 Morningside Drive.
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