$479,900

16 Springfield Ct Rochester, NH 03867

Estimated payment $3,163/month

Total Views 14,003
6 Beds
2 Baths
2,112 Sq Ft
$227 Price per Sq Ft

Highlights

  • River Front
  • Garden
  • The river is a source of water for the property
  • 0.75 Acre Lot

About This Home

Investors take note! CAP 8%! Tucked away on a dead end street this duplex offers sweeping views of the Cocheco River. Large lot offers room for possible expansion, plenty of off street parking. Recently renovated downstairs unit features 2 bedrooms, 1 bath, washer & dryer. Upstairs unit offers 4 bedrooms and 1 bath, washer & dryer and will be vacant by 5/1. Other improvements include sealing and siding of all basement windows, waterproofed and repaired exterior 3rd floor siding damage, new gutter on front porch, and much more. Excellent long term tenant history, great location for commuters and close to highway & shopping.

Listing Agent

Sandy Healy

NextHome Freedom License #060852 Listed on: 03/27/2025

NextHome Freedom

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,161

Year Built

  • Built in 1911

Lot Details

  • 0.75 Acre Lot
  • River Front
  • Garden

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,112 Sq Ft Home
  • Property has 3 Levels
  • Laminate Flooring
  • Water Views
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Parking

  • Dirt Driveway
  • Unpaved Parking
  • On-Site Parking
  • Off-Street Parking
  • 1 to 5 Parking Spaces

Schools

  • William Allen Elementary School
  • Rochester Middle School
  • Spaulding High School

Utilities

  • Radiator
  • Separate Meters
  • The river is a source of water for the property

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 124

Community Details

Overview

  • 2 Units

Building Details

  • 1 Leased Unit
  • Gross Income $52,200
  • Net Operating Income $40,304

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,161

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Directions: GPS friendly
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1911
  • Display On Internet: Unknown
  • Architectural Style: Duplex, Multi-Family, Multi-Level
  • ResoLotFeatures: River Frontage, Water View, Near Shopping, Neighborhood
  • Road Frontage Type: Dead End, Public
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 2112.0
  • Unit Levels: 3
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • SqFt_Apx_Total_Finished: 2112
  • SqFt_Apx_Unfn_Above_Grade: 0
  • SqFt_Apx_Unfn_Below_Grade: 0
  • Water_Body_Type: River
  • Water_View: Yes
  • SqFt_Apx_Total: 2112
  • Basement_Access_Type: Walkout
  • Separate_Utilities: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 6
  • Flooring: Laminate
  • Basement: Concrete Floor
  • Basement YN: Yes

Exterior Features

  • Driveway: Dirt
  • Exterior Features: Garden, Natural Shade
  • Roof: Shingle - Asphalt
  • Water Body Name: Cocheco River
  • Construction Type: Wood Frame
  • Waterfront: Yes
  • Foundation Details: Concrete

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, On Site, Parking Spaces 1 - 10, Unpaved

Utilities

  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Oil, Radiator
  • Cooling: Other
  • Trash: Curbside, Municipal, Recycle
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: William Allen School
  • High School: Spaulding High School
  • Middle Or Junior School: Rochester Middle School

Lot Info

  • Surveyed: Unknown
  • Zoning: R2
  • Lot Size Acres: 0.75
  • Lot Size Sq Ft: 32670.0

Multi Family

  • Gross Income: 52200.0
  • Number Of Units Total: 2
  • Net Operating Income: 40304.0
  • Number Of Units Leased: 1

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6161.0
  • Tax Block: 0
  • Tax Lot: 54
  • Tax Map Number: 124

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,161 $414,900 $127,400 $287,500
2023 $4,008 $155,700 $43,300 $112,400
2022 $3,936 $155,700 $43,300 $112,400
2021 $3,838 $155,700 $43,300 $112,400
2020 $3,832 $155,700 $43,300 $112,400
2019 $3,877 $155,700 $43,300 $112,400
2018 $3,652 $130,400 $38,500 $91,900
2017 $3,433 $130,400 $38,500 $91,900
2016 $2,996 $106,000 $38,500 $67,500
2015 $2,984 $106,000 $38,500 $67,500
2014 $2,912 $106,000 $38,500 $67,500
2013 $3,155 $119,700 $52,900 $66,800
2012 $3,074 $119,700 $52,900 $66,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 For Sale $479,900 0.0% $227 / Sq Ft
04/12/2025 04/12/25 Off Market $479,900 -- --
03/27/2025 03/27/25 For Sale $479,900 +12.9% $227 / Sq Ft
04/05/2024 04/05/24 Sold $425,000 +21.5% $201 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $349,900 -- $166 / Sq Ft
Source: PrimeMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $425,000 None Available
Warranty Deed $425,000 None Available
Warranty Deed $250,000 None Available
Warranty Deed $250,000 None Available
Warranty Deed $130,000 None Available
Warranty Deed $130,000 None Available
Deed $186,900 --
Warranty Deed $186,900 --
Warranty Deed $186,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $187,500 Purchase Money Mortgage
Previous Owner $33,700 Unknown
Previous Owner $180,000 Unknown
Previous Owner $181,293 Purchase Money Mortgage
Source: Public Records

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Source: PrimeMLS

MLS Number: 5033686

PrimeMLS

APN: RCHE-000124-000054