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557 Fernwood Farms Road, Canaan, NH, 03741

3beds
2baths
1,475sqft
$259,900
$176price/sqft
$2,044/moest. monthly cost
$81,760/yrincome needed

About This Home

Investors take notice! This unique multi-family mobile home property in a peaceful country setting in Canaan offers a great investment opportunity with both units currently rented. The property features a 2-bedroom, 1-bath mobile home with a spacious living area, dining space, and kitchen, along with an entry room, storage shed, and additional outdoor storage. Attached to the home is a separate 1-bedroom, 1-bath unit, providing added rental income potential. Additional features include Rinnai propane heating, vinyl siding, a durable metal roof, private septic, and a drilled well. Situated in a rural location with plenty of potential, this property offers country living while serving as an income-producing investment. Please note: the property has a steep driveway; use caution when viewing

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

5/10
Canaan Elementary SchoolGrades PK-41.4 mi
5/10
Indian River SchoolGrades 5-84.0 mi

Construction

Condition

  • Year built: 1970

Materials

  • Foundation: Concrete Slab
  • Roof: Metal
  • Construction materials: Wood Frame,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Carpet,Laminate,Vinyl,Wood
  • Finished area below ground: 0
  • Finished area above ground: 1,475

Heating & Cooling

  • Heating features: Propane,Vented Gas Heater,Hot Water
  • Cooling features: None

Interior Area

  • Total structure area: 1,475
  • Total interior livable area: 1,475 sqft

Property

Details

  • Parcel number: CANNM00017B00059HL000000
  • Zoning description: Canaan Planning Board

Features

  • Levels: One
  • Exterior features: Shed
  • Frontage length: Road frontage: 104

Lot

  • Lot size: 2.18 Acres
  • Features: Country Setting,Sloped

Parking

  • Parking features: Gravel

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Winter Weather
Cold Wave
Ice Storm
Landslide
Strong Wind

FEMA Declared Disasters Across New Hampshire Counties

Flood
Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,314$15,768
Home Insurance $118$1,416
Property Taxes $329$3,948
Electricity $283$3,398
Total$2,044$24,528

Income You'd Need if You Spent...

35% on housing$70,080/yr
40% on housing$61,320/yr
45% on housing$54,506/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.8%
10.8%
0%30.0%
Electricity Growth Rate10-year average: 8.6%
8.6%
0%15.0%
Property Taxes Growth Rate2-year average: 2.2%
2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$176This listing

vs Other Active Listings

Avg $/sqft

ZIP 03741$191
Grafton County$222

vs Homes Sold Last Month

Median $/sqft

ZIP 03741$204
Grafton County$271

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-12Listed for sale$259,900
2022-11-30Sold$163,000
2022-11-03Contingent$169,900
2022-07-28Price change$169,900
2022-05-10Listed for sale$179,900
2008-04-23Sold$74,500

For Sale by Agent

AgentVanessa Stone
BrokerageVanessa Stone Real Estate

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