53 Jefferson Road
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 3, 2025 | Listed | $450,000 | |
| Listed | |||
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Motivated Seller! Come make your offer! Discover a rare investment opportunity in the heart of the White Mountains! Formerly known as The Spruces Hotel, this 12,000+ sq. ft.property boasts 25 bedrooms and 9 bathrooms, making it the perfect candidate for a bed & breakfast, boutique inn, or Airbnb. Nestled in the charming town of Whitefield, NH, this historic gem offers easy access to world-class skiing, hiking, snowmobiling, and other outdoor adventures—an ideal retreat for year-round visitors. While the property needs some TLC, its classic New England architecture and expansive layout provide the perfect canvas to create a one-of-a-kind hospitality experience. Imagine cozy guest suites, inviting common areas, and a warm, welcoming atmosphere for travelers seeking adventure or relaxation. Located just minutes from Bretton Woods, Cannon Mountain, and Santa’s Village, as well as local shops and dining, this property is a prime location for attracting tourists and outdoor enthusiasts. With ample space and unlimited potential, this is a rare chance to restore a piece of Whitefield history while building a thriving business. Don’t miss this incredible investment—bring your vision and breathe new life into this classic New Hampshire getaway!
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| May 3, 2023 | Sold | ||
| Sold | |||
| Aug 12, 2022 | Listed by Badger Peabody & Smith Realty | $390,000 | |
| Listed by Badger Peabody & Smith Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017