394 SUGAR HILL ROAD Hopkinton, NH 03229 | Land | Residential Land
$580,000 ![]()
Closed
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69.75
Listing Courtesy of
Remax Capital Realty and Remax Coastal Living
Description
What an opportunity to own an Executive Building lot and have the income from a cell phone tower lease! This 69.75 acre parcel already has a driveway roughed in as well as cleared area for house construction. American Tower Corporation has a lease in place generating income on this property. The Tower lease generates an income of approximately $29,388 a year. American Tower is also responsible for paying the property taxes on the land and improvements on which the Tower is located (.25 of an acre). 69.75 acres of land is in current use and the Buyer is responsible for taking it out of current use & any associated fees if developed. What an opportunity to own 70 acres of land and have a lease in place for rental income!
Property Details
List Price
$725,000
Sold Price
$580,000
List Date
2022-10-18
Sold Date
2023-04-28
MLS ID
4934062
Status
Closed
Property Type
Land
Property Sub Type
Residential Land
County
NH-Merrimack
Days on Market
6
characteristics
Acres
69
lot size area
69.75
Lot SqFt
3038310.0
lot size units
Acres
road frontage type
Paved, Public
road surface type
Paved, Public
school
elementary school
Maple Street Elementary
high school
Hopkinton Middle High School
tax
zoning
R-4 Residential
contract
foreclosure y n
No
compensation
Buyer Agency Comp.
2
Buyer Agency Comp. Type
%
Non-Rep Comp.
0
Compensation Disclaimer
The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PRIMEMLS.
This listing was last updated on 3/16/2024 6:06:27 PM (UTC)
