Listed by: Florence Ruffner, Ruffner Real Estate, LLC, Selling Office: Gilman Real Estate, Listing Courtesy of Prime MLS
$140,000
●
Commercial -
Off Market
16 Kingston Road #5
Exeter, NH 03833
Studio
0 Bath
$221,285
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
1440 +- sq ft commercial condo located in the Brickyard Business
Condominiums. Offices on 1st floor along with a half bath and
second floor features offices and loft overlooking oversized garage
bay.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$284
HOA Dues
-
Year Built
-
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (Prime MLS #4739949)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 11, 2025 | Sold | ||
| Sold | |||
| Feb 28, 2025 | In contract | - | |
| In contract | |||
| Feb 1, 2025 | Listed by Gilman Real Estate | $359,000 | |
| Listed by Gilman Real Estate | |||
| | |||
|
This unique Brickyard Commercial Condo offers 2,100+/- sq. ft. of versatile space in a prime location near downtown Exeter. The office area, approximately 1,300 sq. ft., features five private offices across two floors, a conference room, and a kitchen area with appliances, all freshly painted with new flooring and equipped with heat and air conditioning. The 713+/- sq. ft. warehouse/storage space includes shipping/receiving area and a drive-in level high bay door for easy access. Situated in a small office park with ample parking, this property is move-in ready and perfect for various business needs.
| |||
| May 17, 2019 | Sold | ||
| Sold | |||
| Mar 12, 2019 | Listed by Ruffner Real Estate, LLC | $150,000 | |
| Listed by Ruffner Real Estate, LLC | |||
Show More
Property Highlights
Garage
Parking Details
Parking Features: Paved
Exterior Details
Construction Materials: Other Exterior
Financial Details
Taxes Gross Amount: $3,402
Utilities Details
Heating Type: Electric
Cooling Type: None, Other
Sewer Features: Public
Water Source: Public
Location Details
Location: Route 111W, property on left before Brickyard Pond Park.
Zoning Information: NP
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/01/2025
|
Loft
|
-
|
-
|
$359,000
Loft
-
|
$350,000
-2.51%
04/11/2025
|
Robert Gilman
Gilman Real Estate
| |
|
12/11/2023
|
Loft
|
-
|
-
|
$309,000
Loft
-
|
-
-
|
Robert Gilman
Gilman Real Estate
| |
|
03/12/2019
|
Loft
|
-
|
-
|
$150,000
Loft
-
|
$140,000
-6.67%
05/17/2019
|
Florence Ruffner
Ruffner Real Estate, LLC
| |
|
04/14/2016
|
Loft
|
-
|
-
|
$135,000
Loft
-
|
$121,000
-10.37%
10/18/2016
|
Megan Higgins Croteau
Keller Williams Coastal Realty
| |
|
03/10/2016
|
Loft
|
-
|
-
|
$130,000
Loft
-
|
$125,000
-3.85%
07/25/2016
|
Mollie Ruffner
Ruffner Real Estate, LLC
| |
|
08/24/2014
| |
Loft
|
-
|
-
|
$145,000
Loft
-
|
$125,000
-13.79%
10/03/2014
|
Gerry OConnell
Keller Williams Coastal Realty/Dover
|
|
08/01/2011
| |
Loft
|
-
|
-
|
$139,900
Loft
-
|
$119,900
-14.30%
01/31/2013
|
Arthur Pappas
KW Coastal and Lakes & Mountains Realty
|
Building Info
About Rockingham
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Listed by: Florence Ruffner, Ruffner Real Estate, LLC
Last Updated Date: 2019-05-18
Last Checked: less than 1 hour ago
Data Source: Prime MLS, MLS# 4739949
Copyright 2026 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
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated Date: 2019-05-18
Last Checked: less than 1 hour ago
Data Source: Prime MLS, MLS# 4739949
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