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Townhouse-Style Duplex with Decks
For Sale
$639,000

11 and 13 Ryefield Terrace, Wolfeboro, NH 03894

Multi-Family, Wolfeboro, NH

Property Size2,704 SF
Lot Size6.61 Acres
Price / SF$236.32
Days on Market49

Property Features for 11 and 13 Ryefield Terrace

General Information

Property type Residential Multi Family
Property subtype Other
Zoning NORTH WOLFEBORO-IMPR
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bedroom 3, Bedroom 6, Bedroom 5, Bedroom 2, Bedroom 1, Bathroom 3, Bathroom 2, Bedroom 4, Bathroom 1, Basement
Patio and Porch features Deck
Exterior features Deck, Partial Fence, Garden Space, Window Screens
Fencing Partial
Appliances Electric Water Heater
Lot features Country Setting, Landscaped, Level, Secluded, Private
Elementary school Carpenter Elementary
Middle school Kingswood Regional Middle Sch
High school Kingswood Regional High School
Elementary school district Governor Wentworth Regional
Middle school district Governor Wentworth Regional
High school district Governor Wentworth Regional
Directions From Wolfeboro Center, Route 109S/Center Street, right on 109S, approximately 2/5 miles, left on Ryefield Terrace.
Standard status Active
Size 2,704 SF
Lot size 6.61 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 6241

Utilities

Heating system Oil, Baseboard
Water source Well

Building Details

Year built 1987
Floors in Building 2
Number of units 2
Flooring type Carpet, Combination
Building materials Vinyl Siding
Roof type Shingle
Architectural style Other
Listing Agency: Maxfield Real Estate/Wolfeboro
Listed By: Betty Ann Bickford
Added: Aug 30 Changed: Oct 15 Last Checked: Oct 17 at 1:06AM
MLS# 5107408

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This duplex includes two townhouse-style condominium units at Mountain View Terrace Condominium. Each unit provides approximately 1,196 square feet of finished living space across two levels, with three bedrooms, two bathrooms, a fully applianced kitchen, dining area, living room, and unfinished basement storage. The property contains 2,704 square feet and was built in 1987.

Set on 6.61 acres at 11 and 13 Ryefield Terrace, the property has separate driveways and outdoor areas, with room for a deck or gardening. Existing features include decks, partial fencing, window screens, vinyl siding, shingle roofing, well water, oil baseboard heat, and an electric water heater. The residential setting is screened from Route 109 and is located minutes from downtown Wolfeboro, with Lake Wentworth Beach approximately five minutes away. Schools, The Nick, shopping, the library, and a hospital are also nearby.

Key Highlights

  • Duplex with two townhouse‑style condominium units
  • Each unit offers approximately 1,196 square feet of finished living space
  • Three bedrooms and two bathrooms per unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,453
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$629,060 $629.1K
Cap Rate 7%
$449,329 $449.3K
Cap Rate 9%
$349,478 $349.5K
Market Conditions
NOI Build-Up for 2,704 SF
Gross rent
$47.0K $17.40/SF
− Vacancy
−$2.1K −$0.78/SF
EGI
$44.9K $16.62/SF
− OpEx
−$13.5K −$4.99/SF
NOI
$31.5K $11.63/SF
Area
Carroll County, NH
Vacancy
4.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$629,060
Cap Rate 7%
$449,329
Cap Rate 9%
$349,478

Alternative Uses

Best Use
Multifamily LT 5
$449.3K
$393.2K – $524.2K (±1% cap)
NOI $31,453 @ 7.0% cap · market cap 4.92%
Second Best
Apartment 5plus
$397.5K
$347.8K – $463.8K (±1% cap)
NOI $27,827 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$675.2K
$590.8K – $787.7K (±1% cap)
NOI $47,262 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Plumbing Service Kitchen & Bath Showroom Home Appliance Store Real Estate Agency Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

Demographics for 03894, NH

6,382
Population
4,347
Households
1.5
Avg Household Size
58
Median Age
43%
College-Educated
99%
High-School Grad
47.3 sq mi
ZIP Area
135
Density / Sq Mi
$84,660
Median Household Income
$44,841
Median Earnings
$1,093
Median Rent
$435,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer separate driveways, outdoor areas, and unfinished basement storage in a wooded condominium setting.
Where is this duplex located?
The property is located at 11 and 13 Ryefield Terrace Wolfeboro, NH.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: Duplex with two townhouse‑style condominium units; Each unit offers approximately 1,196 square feet of finished living space; Three bedrooms and two bathrooms per unit
More about this property
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