Two-Unit Duplex with Separate
11 Pine Street, Haverhill, NH 03785
For Sale
New
$305,000
A leased upper apartment accompanies a studio-style lower unit, with basement access and a separate outbuilding.
Property Size2,188 SF
Price / SF$139.40
Days on Market3
Property Features for 11 Pine Street
General Information
Standard status
Size
Property subtype
Zoning
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Units
Listing Agency:
Coldwell Banker Lifestyles - Hanover
Listed By:
Laurie Kirkpatrick
(802) 222-7791
Source:
Bobbyvan
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 6 at 2:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Lifestyles - Hanover
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Investment Insights
Based on property information with market context.
This 2,188-square-foot duplex, built in 1902, contains two apartments with distinct layouts. The first-floor unit has a studio-style arrangement with an open kitchen, dining, and living area, plus a laundry room with a three-quarter bath and access to the basement. Upstairs, the apartment includes an open kitchen and dining area, a living room, and two bedrooms; attic access provides additional storage. The upper unit is leased. A separate outbuilding is also part of the property.
The property is at 11 Pine Street in Haverhill, New Hampshire, near shopping, restaurants, banks, and other everyday amenities. Zoning is 301-Woodsville Res. The sale is as-is and includes some contents.
The property is at 11 Pine Street in Haverhill, New Hampshire, near shopping, restaurants, banks, and other everyday amenities. Zoning is 301-Woodsville Res. The sale is as-is and includes some contents.
Key Highlights
- Two‑unit duplex totaling 2,188 square feet
- Built in 1902
- Leased second‑floor apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,710
Cap Rate
7.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$434,200
$434.2K
Cap Rate 7%
$310,143
$310.1K
Cap Rate 9%
$241,222
$241.2K
Market Conditions
NOI Build-Up for 2,188 SF
Gross rent
$32.8K $15.00/SF
− Vacancy
−$1.8K −$0.83/SF
EGI
$31.0K $14.17/SF
− OpEx
−$9.3K −$4.25/SF
NOI
$21.7K $9.92/SF
Area
Grafton County, NH
Vacancy
5.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$434,200
Cap Rate 7%
$310,143
Cap Rate 9%
$241,222
Alternative Uses
Best Use
Multifamily LT 5
$310.1K
$271.4K – $361.8K
NOI $21,710 @ 7.0% cap · market cap 7.12%
Second Best
Apartment 5plus
$284.2K
$248.7K – $331.5K
NOI $19,892 @ 7.0% cap · market cap 6.52%
Theoretical Best
Office A
$481.3K
$421.1K – $561.5K
NOI $33,691 @ 7.0% cap · market cap 11.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Explore this area
Business Placement
Demographics for 03785, NH
2,245
Population
1,329
Households
1.7
Avg Household Size
48
Median Age
17%
College-Educated
92%
High-School Grad
62.5 sq mi
ZIP Area
36
Density / Sq Mi
$56,449
Median Household Income
$47,855
Median Earnings
$1,075
Median Rent
$196,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A leased upper apartment accompanies a studio-style lower unit, with basement access and a separate outbuilding.
Where is this duplex located?
The property is located at 11 Pine Street Haverhill, NH.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,188 square feet; Built in 1902; Leased second‑floor apartment
