45 & 53 Homestead Ave, Swanzey, NH 03446

Studio, 17,723 sqft
For Sale
$837,000
Zestimate®: $706,992
Est. Mortgage:

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My Notes
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15 unit apartment building and two single-family homes on adjacent parcels. Units have been well maintained, maintenance records available. Tenants pay their own heat and electricity. If self-managed this property should have sufficient net operating income to cover payments on a 10-year note with 20% down payment. Potential to construct additional units or convert to condominiums. Single-family home with 3.67 acre lot on it's own deed could be sold separately. Gross annual income of $159,000. Contact list agent for details on income and expenses.
What I love about the home
Priced at under $50,000 per unit! Single-family home could immediately be sold by purchaser, leaving 16 units to generate income.
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Facts
  • Lot: 8.12 acres
  • Single Family
  • Built in 1879
  • 98 days on Zillow
Features
  • Parking: 0 space
  • Patio
  • Porch
Construction
  • Roof type: Slate
  • Structure type: Other
Other
  • Floor size: 17,723 sqft
  • Heating: Propane butane
  • Zillow Home ID: 2107029242
Home Values
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A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$706,992
+$4,134 Last 30 daysd
$665K
$742K
Zestimate range
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,845/mo
-$101 Last 30 daysd
$959
$2.8K
Zestimate range

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Neighborhood for 45 & 53 Homestead Avenue

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Zillow predicts New Hampshire home values will increase 2.3% next year. Among 03446 homes, this home is 423.8% more expensive than the midpoint (median) home, but is priced 57.7% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 03446, the number of foreclosures waiting to be sold is 5.3% higher than in Swanzey, and 22.1% less than the national average. This higher local number may prevent 03446 home values from rising as quickly as other regions in Swanzey.

Learn more about forecast calculations.
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    Nearby Schools

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    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

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