Single Family for Sale: 287 Milton Road, Rochester, NH 03867

4 beds
2 full baths
3,015 sqft
$495,000
$495,000
287 Milton Road, Rochester, NH 03867
4 beds
2 full baths
3,015 sqft
$495,000
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Price:
$495,000
$54,999 - 08/01/2024

Type Single Family
Style Cape
Beds 4
Total Baths 2 full baths
Square Feet 3,015 sqft
Lot Size 1.40 acres
Year Built 1970

City Rochester
County Strafford
School District Rochester

MLS 4955127
Status Active
DOM 570 days
BACK ON MARKET due to financing. Previously under contract for significantly higher. $55,000 price drop. Property price is already adjusted to reflect the work needed***Look no further, two buildings on a 1.4 acre parcel with an incredible 620 feet of frontage with potential to subdivide! The value is more in the sum of the parts. It gets sweeter from here, as the property is located on HC zoning which would potentially allow another 2-3 multifamily unit to be built. The potential cap rate stands at 10.16% as a result of low expenses, due to separate buildings, and a preferred triple net setup. The commercial building was built from ground-up in 2006 with1700 SF and it comes with some remaining restaurant equipment. Enjoy built in coolers and a bright illuminated restaurant. The possibilities are endless. Run your business while living in the 4 bedroom cape built in 1970, with 1300 square feet. As you step in, you’ll appreciate the nice kitchen that is accompanied with the beautiful hardwood floors seen throughout the first level. The home showcases its character and charm with its wood trim and elegant wood panels. in addition, the home offers an incredible backyard with great views, and it is conveniently close to the Salmon River, which is perfect for fishing bass and perch. The location is conveniently situated near the border of Maine, 30 minutes to Portsmouth and is close to major routes, restaurants, convenience stores, and more. Both buildings need some TLC.

Lot & Building Features

Appliances Water Heater - Electric
Utilities Cable - Available, Phone
Construction Vinyl Exterior, Wood Frame
Cooling Other
Heating Hot Air, Oil
Sewer Private
Water Drilled Well
Basement Description Full, Walkout, Unfinished
Foundation Block
Lot Description Open
Roof Shingle - Asphalt
Total Rooms 12
Garage No
Full Baths 2
Half Baths 0

Community and Schools

Elementary School East Rochester School
Junior High School Rochester Middle School
Senior High School Spaulding High School

Price History of 287 Milton Road, Rochester, NH

Date Name Price Difference
08/01/2024 Price Adjustment $495,000 10.00%
06/14/2023 Price Adjustment $549,999 0.00%
06/01/2023 Listing Price $550,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$380,000
$134 / sqft
Average
$460,000
$161 / sqft
High
$540,000
$187 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Rochester 03867 4 2.0 $495,000 3,015 $164 N/A
35 Dawson Street Milton 03851 4 2.0 $380,000 2,833 $134 05/02/2024
35 Governors Road Farmington 03835 4 3.0 $540,000 2,893 $187 06/27/2024

Map of 287 Milton Road, Rochester, NH

Location Map Street View
Photo of Katie Johnson, ABR, C2EX, LMC, RESA CSA, SRES, SRS
Direct: 603-401-1776
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by RE/MAX Shoreline, Andy Yau
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1%
6.75%
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287 Milton Road (MLS #4955127) is a single family home located in Rochester, NH. This single family home is 3,015 sqft and on a lot of 60,984 sqft (or 1.40 acres) with 4 bedrooms, 2 baths and is 54 years old. This property was listed on 11/07/2024 and has been priced for sale at $495,000.

The 4 bedroom single family home at 35 Governors Road in Farmington is nearby and sold for $540,000 on 06/27/2024. Another nearby 4 bedroom single family home, 35 Dawson Street in Milton sold for $380,000 on 05/02/2024.

Nearby zip codes are 03835, 03851, 03868 8544, 03868 and 04027. This property neighbors other cities such as Berwick, Farmington, Lebanon and Milton.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: RE/MAX Shoreline

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. Data last updated 12/22/2024