$371,700
SOLD OCT 15, 2021

7 Appletree Ln New Hampton, NH 03256

5 Beds
2 Baths
6,748 Sq Ft
5.84 Acres

Recently Sold

$55 Per Sq Ft

7% Below List Price

154 Days on Market

Highlights

  • Access To Lake
  • 5.84 Acre Lot
  • Cottage
  • Lake View
  • Deck
  • 1 Car Detached Garage

About This Home

As of October 2021

NEW HAMPTON, NH-- Opportunity abounds at this mixed use investment property in a convenient and well traveled central Lakes Region location. There are two buildings that house a total of four residential units as well as a shop/garage, all with excellent rental history offering a solid return on your investment. Located on Route 104 and directly across the street from Pemigewasett Lake, it's a pretty setting with an ideal location for commuting to most Lakes Region attractions and for managing. There are three, one bedroom units, and a three bedroom unit. Recent upgrades include one new (2018) septic system, new roof metal roof and new vinyl siding on 7 Appletree. Showings to begin Saturday 3/27. Please no drive-by's up Appletree Lane.

Last Agent to Sell the Property

Terry Small

Maxfield Real Estate/ Alton License #070418 Listed on: 03/18/2021

Co-Listed By

Rebecca Whitcher

Maxfield Real Estate/Center Harbor License #052800

Last Buyer's Agent

Elaina Shinn

Old Mill Properties REALTORS License #070299

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,564

Year Built

  • Built in 1960

Lot Details

  • 5.84 Acre Lot
  • Dirt Road
  • Landscaped
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Shared Driveway
  • Dirt Driveway
  • Unpaved Parking
  • Off-Street Parking

Property Views

  • Lake Views
  • Countryside Views

Home Design

  • Cottage
  • Converted Dwelling
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Clap Board Siding
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 6,748 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Laminate
  • Concrete

Outdoor Features

  • Access To Lake
  • Shared Private Water Access
  • Restricted Water Access
  • Water Access Across The Street
  • Deck
  • Shed
  • Outbuilding

Schools

  • New Hampton Community Elementary School
  • New Hampton Middle School
  • Newfound Regional High School

Utilities

  • Separate Meters
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank
  • Shared Septic
  • Septic Design Available
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 03

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $16,535
  • Gross Income $45,600
  • Net Operating Income $29,065

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,564

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Conversion, Cottage/Camp, Detached, Multi-Family, Ranch
  • Directions: From Meredith go towards New Hampton on Route 104. See Appletree Lane on right just before Rt. 104 Diner (no sign).
  • Flood Zone: Unknown
  • Footprint: 22x34, 46x52, 30x60
  • Construction: Existing
  • Total Stories: 1
  • Price Per Sq Ft: 55.08
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 6748
  • Sq Ft - Apx Total Finished: 6748
  • Year Built: 1960
  • Remarks Public: NEW HAMPTON, NH-- Opportunity abounds at this mixed use investment property in a convenient and well traveled central Lakes Region location. There are two buildings that house a total of four residential units as well as a shop/garage, all with excellent rental history offering a solid return on your investment. Located on Route 104 and directly across the street from Pemigewasett Lake, it's a pretty setting with an ideal location for commuting to most Lakes Region attractions and for managing. There are three, one bedroom units, and a three bedroom unit. Recent upgrades include one new (2018) septic system, new roof metal roof and new vinyl siding on 7 Appletree. All buyers must show pre-approval letter or proof of funds before appointment is scheduled. Scheduled showings on 3/27 from 10-1pm and 3/28 from 11-1. All parties who enter buildings must wear masks and follow COVID protocol. Please no drive-by's up Appletree Lane.
  • List Agent: 9442
  • L O1 Homesnapcom: Yes
  • L O2 Homesnapcom: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet, Concrete, Laminate
  • Total Rooms Above Ground: 9
  • Sq Ft - Apx Finished AG: 6748

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared, Dirt, Paved
  • Exterior: Clapboard, Vinyl Siding
  • Foundation: Concrete, Slab - Concrete
  • Road Frontage: Yes
  • Roads: Dirt, Paved, Private
  • Roof: Metal, Shingle - Asphalt
  • Features Exterior: Deck, Outbuilding, ROW to Water, Shed
  • Water Body Type: Lake
  • Water Restrictions: Yes
  • Water Access Details: Cross a Street to Access, Right of Way, Shared-Private
  • Water Body Name 2: Pemingewasset Lake
  • Water View: Yes
  • Water Body Access 2: Yes

Garage/Parking

  • Garage Capacity: 1
  • Parking: Driveway, Garage, Off Street, On-Site, Paved, Unpaved
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: 1250 Gallon, 1500+ Gallon, On-Site Septic Exists, Private, Septic, Septic Design Available, Septic Shared
  • Water: On-Site Well Exists, Private
  • Water Heater: Electric
  • Heating Fuel: Electric
  • Heating: Electric
  • Separate Utilities: Yes
  • Total Electric Meters: 6
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Utilities: Cable - Available, High Speed Intrnt -Avail

Schools

  • School District: Newfound Sch Dst SAU 4
  • Elementary School: New Hampton Community School
  • Middle School: New Hampton Middle School
  • High School: Newfound Regional High School
  • Elementary School: New Hampton Community School
  • High School: Newfound Regional High School

Lot Info

  • Map: U9
  • Lot: 03
  • Lot Sq Ft: 254390
  • Lot Acres: 5.84
  • Lot Description: Country Setting, Lake Access, Lake View, Landscaped, Level, Major Road Frontage, Sloping, View
  • Row Parcel Access: Yes
  • Zoning: Business Comm 3
  • Deed Book: 2973
  • Deed Page: 0063
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 45600
  • Net Income: 29065
  • Total Full Baths: 2
  • Total Units: 5
  • Total1 Bedroom Units: 3
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 4564
  • Tax Year: 2019

MLS Schools

  • School District: Newfound Sch Dst SAU 4
  • School Middle Jr: New Hampton Middle School

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
06/17/2023 06/17/23 Rented $1,200 0.0% --
06/05/2023 06/05/23 For Rent $1,200 0.0% --
10/15/2021 10/15/21 Sold $371,700 -7.1% $55 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $400,000 -- $59 / 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: 4851414

PrimeMLS