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7 Lancaster Rd, Gorham, NH, 03581

$303,000

Home List Price

$3,598*

Closing Credit

3 Bedrooms
2 Full Baths
1,609 SqFt
$188/SqFt
House
Schools Nearby

Location

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7 Lancaster Rd, Gorham$303,000

Buyer Closing Credits

$3,598*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Off Street, On-Site, Parking Spaces 6+, Paved
Year Built1900
HeatingBaseboard, Hot Water, Radiant
CoolingNone
BasementYes
MLS #4978386
Lot Size0.53 Acres
StatusActive

About 7 Lancaster Rd

Located in the heart of Gorham, this mixed-use zoned property offers a little bit of everything. The large barn with utilities can be used for a business with plenty of car traffic or as a hobbyist’s haven. Store your toys or equipment fully protected from the elements. Revenue opportunities exist with the street front signage post that can accommodate up to three signs or market the home on Air B&B which has been done successfully in the past. Winter time is fun time in Gorham. ATV/Snowmobile trails are ½ mile down Rt 16 and the barn is ideal for storing your rides. The 3-bedroom, 2-bathroom home possesses wonderful character with a farmer’s porch, hard wood flooring, tin ceilings, wood burning stove and much more. Enter the home into the kitchen dining area and enjoy the island bar dining option, plenty of room for a dining table or sitting area near the wood burning stove. Closet doors hide a 1st floor laundry closet. A cozy living room with decorative ceiling panels/millwork features also holds a modern pellet stove for additional heat and ambience. The front room/den could be used as a 4th bedroom since the first-floor layout provides a full bathroom. Average AirB&B net income $21,500, 85 nights. Commercial signage revenue potential of $7,200 a year.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 2
  • Living Area: 1,609 SqFt

Listing Office:

  • Office Name: Keller Williams Realty-Metropolitan
  • Office Phone: (603) 232-8282
  • Listing Agent: Jim Harvey

Interior Features

Interior Information:

  • Appliances: Electric Range, Vented Exhaust Fan
  • Basement: Yes
  • Flooring Type: Hardwood, Slate/Stone, Softwood, Tile, Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Barn, Building, Outbuilding, Porch, Porch - Covered, Storage, Window Screens, Windows - Double Pane

Parking Information:

  • Parking: Driveway, Off Street, On-Site, Parking Spaces 6+, Paved

Lot Features

Lot Information:

  • Lot Size: 0.53 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Hot Water, Radiant
  • Cooling: None

School Info

Assigned Schools Information:

  • Gorham High School, Public District Grades 9-12
  • Gorham Middle School, Public District Grades 6-8
  • Edward Fenn School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Follow US 2 toward Rt 16. House will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $303,000
  • Price Per SqFt: $188/SqFt

Tax Information:

  • Annual Amount: $3,835
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Number: #4978386

Listing Office:

  • Office Name: Keller Williams Realty-Metropolitan
  • Office Phone: (603) 232-8282
  • Listing Agent: Jim Harvey

IDX© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 2:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 31, 2014Home Sold
$106,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,835$120,400
2019$4,066$120,400
2018$4,396$120,400
2017$4,088$120,400

History based on county public records data.

Payment Calculator

$1,580

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$975

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1307374
5
/10
  • Edward Fenn School

  • 169 Main St

  • 0.78 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1307375
5
/10
  • Gorham Middle School

  • 120 Main St

  • 1.02 miles

  • Public District Grades 6-8

High School

school-card-donut-1307376
8
/10
  • Gorham High School

  • 120 Main St

  • 1.02 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,705. The majority of Coos County, NH residents have income between $35k-100k annually. The majority of families are married, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7 Lancaster Rd

What is the listing price of this property?

The listing price of 7 Lancaster Rd property is $303,000.

What type of property is this?

The property 7 Lancaster Rd is a house located in Gorham, New Hampshire, 03581.

Is this property for sale now?

Active Listing: 7 Lancaster Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7 Lancaster Rd are:
Edward Fenn School: GreatSchools Rating 5/10
Gorham Middle School: GreatSchools Rating 5/10
Gorham High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,835 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 31, 2014 for $106,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7 Lancaster Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7 Lancaster Rd is 1,609 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7 Lancaster Rd is 1900.

Rocket HomesNew HampshireCoos CountyGorham035817 Lancaster Rd

This home is located at 7 Lancaster Rd in Gorham, NH and zip code 03581. This 1,609 square foot home, which was built in 1900, sits on a 0.53 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 21, 2023 and is currently priced at $303,000.

While more than 12 listings in Coos County, NH in March 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 17 were sold below.

From Rocket Homes Real Estate and based on county public records data.

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