NOT LISTED FOR SALE

50 Dover Rd Durham, NH 03824

Estimated Value: $498,715 - $511,000

8 Beds
2 Baths
2,384 Sq Ft
$212/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $785,000 $329 Per Sq Ft

Est. 36% decrease in value since last sale

Current estimated payment $3,357/month

157 Days on Market

Highlights

  • Cape Cod Architecture
  • Landscaped
  • High Speed Internet
  • Mast Way School Rated A-
  • Hot Water Heating System
  • 2-minute walk to Jackson Landing Playground

About This Home

As of May 2022

Great Opportunity to own two cash flowing rental properties in Durham! 50 and 52 Dover Road are each separate buildings on their own lots. Great long term rental history. Each are located with convenient access to UNH Downtown Durham, and major highways. Both buildings feature similar cape styles and have undergone many updates over the years. Each building boasts 4 large bedrooms with plenty of closet space as well as one bathroom in each. They also feature open concept layouts and updated kitchen appliances. Plenty of parking available for both units with private paved parking for each building. Each building also comes with its own outdoor space as well as deck off of first level. Unfinished basements provide additional storage space for tenants or landlord. Lots of potential currently zoned CC (Coe's Corner commercial), Potential for commercial development buyer to do Due Diligence with town.

Last Agent to Sell the Property

Samuel Auffant

KW Coastal and Lakes & Mountains Realty License #069269 Listed on: 09/13/2021

KW Coastal and Lakes & Mountains Realty

Last Buyer's Agent

Clayton Jerry

Coldwell Banker Realty Bedford NH

Coldwell Banker Realty Bedford NH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,637

Year Built

  • Built in 1950

Lot Details

  • 0.62 Acre Lot
  • Landscaped
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Oil Water Heater
  • Septic Tank
  • Leach Field
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 2 & 1 / 10

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $67,200
  • Net Operating Income $52,249

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,637

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Cape
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 329.28
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3800
  • Sq Ft - Apx Total Finished: 2384
  • Year Built: 1950
  • Remarks Public: Great Opportunity to own two cash flowing rental properties in Durham! 50 and 52 Dover Road are each separate buildings on their own lots. Great long term rental history. Each are located with convenient access to UNH Downtown Durham, and major highways. Both buildings feature similar cape styles and have undergone many updates over the years. Each building boasts 4 large bedrooms with plenty of closet space as well as one bathroom in each. They also feature open concept layouts and updated kitchen appliances. Plenty of parking available for both units with private paved parking for each building. Each building also comes with its own outdoor space as well as deck off of first level. Unfinished basements provide additional storage space for tenants or landlord. Lots of potential currently zoned CC (Coe's Corner commercial), Potential for commercial development buyer to do Due Diligence with town.
  • List Agent: 16925
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2384
  • Sq Ft - Apx Unfinished BG: 1416

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Clapboard, Wood Siding
  • Foundation: Block, Concrete
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Asphalt

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Concrete, Leach Field, Septic
  • Water: Public
  • Water Heater: Oil
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Utilities: Internet - Cable

Lot Info

  • Map: 11
  • Lot: 2 & 1
  • Lot Sq Ft: 27007
  • Lot Acres: 0.62
  • Lot Description: Landscaped, Level
  • Surveyed: Unknown
  • Zoning: CC
  • Deed Book: 3212 & 4205
  • Deed Page: 0518&0668
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 67200
  • Net Income: 52249
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 10637
  • Tax Year: 2020

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
05/23/2022 05/23/22 Sold $785,000 -7.6% $329 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
09/13/2021 09/13/21 For Sale $849,900 -- $357 / Sq Ft
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 $7,201 $354,200 $138,700 $215,500
2023 $7,254 $354,200 $138,700 $215,500
2022 $5,942 $204,600 $78,600 $126,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4882311

PrimeMLS

APN: DRHM M:209 L:82