$850,000
SOLD DEC 10, 2024

38-40 Lafayette St Rochester, NH 03867

12 Beds
5 Baths
4,482 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$190 Per Sq Ft

1% Below List Price

12 Days on Market

Highlights

  • Colonial Architecture
  • Hot Water Heating System
  • High Speed Internet
  • Forced Air Heating System
  • 4 Car Garage
  • Level Lot

About This Home

As of December 2024

Cash Cow!!! Estimated CASHFLOW of $2899.65/month with 25% down. 9.74% CAP RATE. Condo approval in place! Updated and well cared for buildings. Room to increase rents and CASHFLOW!!

Last Agent to Sell the Property

Christopher Dunn

KW Coastal and Lakes & Mountains Realty License #070675 Listed on: 09/28/2024

KW Coastal and Lakes & Mountains Realty

Last Buyer's Agent

Tyler Allen

New Space Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,928

Year Built

  • Built in 1900

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Concrete Foundation
  • Block Foundation
  • Slab Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,482 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Interior Basement Entry
  • Dirt Floor

Utilities

  • Forced Air Heating System
  • Hot Water Heating System
  • Gas Available
  • High Speed Internet

Community Details

  • 5 Units
  • 5 Separate Gas Meters

Listing and Financial Details

  • Tax Block 0062

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,928

Year Built

Built in 1900

Lot Details

0

Parking

4

Listing Details

  • Status Detail: Closed
  • Directions: GPS is accurate
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 189.65
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4482
  • Sq Ft - Apx Total Finished: 4482
  • Year Built: 1900
  • List Agent: 17038
  • Display On Internet: High Speed Intrnt -AtSite
  • Architectural Style: Colonial
  • ResoLotFeatures: Level
  • Road Frontage Type: Public
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Concrete, Concrete Floor, Dirt, Full, Partial
  • Sq Ft - Apx Finished AG: 4482

Exterior Features

  • Driveway: Paved
  • Foundation: Block, Brick, Concrete, Poured Concrete, Slab - Concrete
  • Road Frontage: TBD
  • Roof: Shingle - Asphalt
  • Easements: Unknown
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Capacity: 4
  • Garage: Yes

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Heating: Natural Gas, Forced Air, Hot Water
  • Total Electric Meters: 5
  • Total Gas Meters: 5
  • Total Heat Units: 5
  • Total Ranges: 5
  • Total Refrigerators: 5
  • Total Water Heaters: 5
  • Utilities: Gas - On-Site
  • Water Source: Public

Lot Info

  • Map: 0121
  • Lot: 0000
  • Lot Sq Ft: 10454
  • Lot Acres: 0.24
  • Surveyed: Unknown
  • Deed Book: 5078
  • Deed Page: 871
  • Deed Recorded Type: Warranty

Multi Family

  • Total Units: 5
  • Total2 Bedroom Units: 3
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 7928
  • Tax Year: 2024

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2024 12/10/24 Sold $850,000 -1.0% $190 / Sq Ft
10/10/2024 10/10/24 Pending -- -- --
09/28/2024 09/28/24 For Sale $859,000 +63.6% $192 / Sq Ft
11/16/2022 11/16/22 Sold $525,000 -4.4% $134 / Sq Ft View Prior Sale
11/11/2022 11/11/22 Pending -- -- --
10/31/2022 10/31/22 For Sale $549,000 -- $140 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5016474

PrimeMLS

APN: RCHE M:0121 B:0062 L:0000