NOT LISTED FOR SALE

394 Sugar Hill Rd Hopkinton, NH 03229

Estimated Value: $342,000 - $1,330,000

70 Acres
$9,272 Price per Acre
3,038,310 Sq Ft Lot

Last Sold April 28, 2023

Last sale price $580,000

Est. 12% increase in value since last sale

Current estimated payment $4,186/month

6 Days on Market

Highlights

  • 69.75 Acre Lot
  • Countryside Views
  • Level Lot
  • Maple Street Elementary School Rated A-
  • Wooded Lot

About This Lot

As of April 2023

What an opportunity to own an Executive Building lot and have the income from a cell phone tower lease! This 69.75 acre parcel already has a driveway roughed in as well as cleared area for house construction. American Tower Corporation has a lease in place generating income on this property. The Tower lease generates an income of approximately $29,388 a year. American Tower is also responsible for paying the property taxes on the land and improvements on which the Tower is located (.25 of an acre). 69.75 acres of land is in current use and the Buyer is responsible for taking it out of current use & any associated fees if developed. What an opportunity to own 70 acres of land and have a lease in place for rental income!

Last Agent to Sell the Property

Rachel Eames

Remax Capital Realty and Remax Coastal Living License #032056 Listed on: 10/18/2022

Remax Capital Realty and Remax Coastal Living

Last Buyer's Agent

Rachel Eames

Remax Capital Realty and Remax Coastal Living License #032056 Listed on: 10/18/2022

Remax Capital Realty and Remax Coastal Living

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,942

Lot Details

  • 69.75 Acre Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned R-4 Residential

Schools

  • Maple Street Elementary School
  • Hopkinton Middle High School

Additional Features

  • Countryside Views
  • Electricity Available at Street

Listing and Financial Details

  • Legal Lot and Block 57 / 1

Property Details

Property Type

Land

Est. Annual Taxes

$7,942

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Please use GPS for directions. Sign on property.
  • Flood Zone: Unknown
  • Price Per Sq Ft: 8315.41
  • Property Class: Land
  • Remarks Public: What an opportunity to own an Executive Building lot and have the income from a cell phone tower lease! This 69.75 acre parcel already has a driveway roughed in as well as cleared area for house construction. American Tower Corporation has a lease in place generating income on this property. The Tower lease generates an income of approximately $29,388 a year. American Tower is also responsible for paying the property taxes on the land and improvements on which the Tower is located (.25 of an acre). 69.75 acres of land is in current use and the Buyer is responsible for taking it out of current use & any associated fees if developed. What an opportunity to own 70 acres of land and have a lease in place for rental income!
  • List Agent: 545
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PrimeMLS.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: TBD
  • Roads: Paved, Public

Utilities

  • Electric: At Street

Schools

  • School District: Hopkinton School District
  • Elementary School: Maple Street Elementary
  • High School: Hopkinton Middle High School
  • Elementary School: Maple Street Elementary
  • High School: Hopkinton Middle High School

Lot Info

  • Map: 236
  • Lot: 57
  • Lot Sq Ft: 3038310
  • Current Use: Yes
  • Lot Acres: 69.75
  • Lot Description: Country Setting, Level, Sloping, Wooded
  • Surveyed: Unknown
  • Zoning: R-4 Residential
  • Deed Book: 2967
  • Deed Page: 293
  • Deed Recorded Type: Warranty

Tax Info

  • Taxes TBD: Yes

MLS Schools

  • School District: Hopkinton School District

Range of Values:

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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 Change Sq Ft Price
04/28/2023 04/28/23 Sold $580,000 -20.0% --
10/24/2022 10/24/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $725,000 -- --
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,942 $362,800 $0 $362,800
2023 $7,652 $218,500 $0 $218,500
2022 $6,885 $213,500 $0 $213,500
2020 $13,361 $456,800 $240,000 $216,800
2019 $6,313 $216,800 $0 $216,800
2018 $16,164 $459,000 $0 $459,000
2017 $16,202 $472,500 $0 $472,500
2016 $16,268 $484,900 $0 $484,900
2015 $16,302 $484,900 $0 $484,900
2014 $16,225 $498,300 $0 $498,300
2013 $7,185 $250,000 $0 $250,000
Source: Public Records

Agents Affiliated with this Home

  • Rachel Eames

    Seller's Agent in 2023

    Rachel Eames

    Remax Capital Realty and Remax Coastal Living

    (603) 344-2276

    2 in this area

    83 Total Sales

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Map

Source: PrimeMLS

MLS Number: 4934062

PrimeMLS

APN: HOPN-000236-000057-000088

New Hampshire Merrimack County Hopkinton 03229

394 Sugar Hill Rd, Hopkinton, NH

This home is located at 394 Sugar Hill Rd, Hopkinton, NH 03229 since 18 October 2022 and is currently estimated at $646,739. 394 Sugar Hill Rd is a home located in Merrimack County with nearby schools including Harold Martin School, Maple Street Elementary School, and Hopkinton Middle School.

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