Opportunity...Commercial Zoned 5 Family Unit, fully occupied and
well maintained property consisting of (1) 2 Bedroom and (4) 1
Bedroom units with many upgrades and improvements in flooring,
paint, replacement windows, appliances and more. All public
services with gas heating, nice yard, decks and paved driveway.
Centrally located just off Main Street with frontage on both High
and Foster Streets, great spot to walk to restaurants, coffee,
groceries, ice cream and more. Within walking/riding distance to
the Nashua River Rail Trail, open to pedestrians, bicyclists,
inline skaters, wheelchairs, and cross-country skiers. All Tenant
at Will. A great spot!
Unit Size
4,107 Ft²
Days on Market
-
Land Size
0.78 acres
Price per sqft
$97
Property Type
Property
Property Taxes
$431
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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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.
Interior Features: Unit 1(Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 3(Bathroom With Tub & Shower), Unit 4(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator - Wine Storage), Unit 4(Range, Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Gas Dryer, Utility Connections Varies per Unit
Flooring Type: Wood, Vinyl, Carpet, Varies Per Unit, Unit 1(undefined), Unit 2(Wall to Wall Carpet), Unit 3(Wall to Wall Carpet)
Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room
Rooms: 17
Basement: Full, Walk-Out Access, Interior Entry
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Approximate, Renovated Since
PropertySubType: 5+ Family - 5+ Units Up/Down
Stories (Total): 9
Building Area Units: Square Feet
Window Features: Insulated Windows, Screens
Construction Materials: Frame, Log
Patio and Porch Features: Deck, Deck - Wood
Lead Paint: Unknown
Lot Features: Gentle Sloping, Level
Lot Size Area: 0.78
Lot Size Units: Acres
Lot Size Acres: 0.78
Zoning: Commercial
Parcel Number: 724161
Water Source: Public
Financial Details
Tax Map Number: 23
Tax Assessed Value: $324,300
Tax Annual Amount: $5,172
Utilities Details
Utilities: for Gas Range, for Gas Oven, for Gas Dryer, Varies per Unit
Cooling Type: Unit 1(None), Unit 2(None), Unit 3(None)
Heating Type: Unit 1(Hot Water Radiators, Gas), Unit 2(Hot Water Radiators, Gas), Unit 3(Electric Baseboard, Gas, Wall Unit), Unit 4(Hot Water Radiators, Gas)
Sewer : Public Sewer
Location Details
Community Features: Shopping, Walk/Jog Trails, Laundromat, Bike Path
6 High
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