Duplex with Attached
For Sale
$950,000
11 Rachel Lane, Rochester, NH 03867
Multi-Family, Rochester, NH
Property Size6,000 SF
Lot Size1.90 Acres
Price / SF$158.33
Days on Market47
Property Features for 11 Rachel Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
A
Bedrooms
6
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 2, Bedroom 6, Bedroom 3, Bathroom 2, Bedroom 4, Bathroom 4, Bedroom 1, Bathroom 6, Bedroom 5, Bathroom 1, Bathroom 3, Bathroom 5
Parking features
Garage, Driveway, Open, Off Street
Patio and Porch features
Patio
Exterior features
Patio
Subdivision
Rachel Ln
Lot features
Level, Subdivision, Near Country Club, Near Golf Course, Near Shopping, Rural, Near Public Transport, Near Railroad, Near Hospital, Near School(s), Private
Standard status
Active
Size
6,000 SF
Lot size
1.90 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
15914
Utilities
Utilities
Propane
Heating system
Propane (Heating), Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
2022
Floors in Building
2
Number of units
2
Flooring type
Carpet, Vinyl, Tile
Building materials
Wood Frame, Vinyl Siding
Roof type
Shingle
Architectural style
Other
Buildings
1
Listing Agency:
Duston Leddy Real Estate
(603) 610-8285
Listed By:
Melissa Coutu
(603) 661-8127
Added: Sep 14
Changed: Oct 29
Last Checked: Oct 30 at 5:06AM
MLS# 5109656
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.
Completed in 2022, this 6,000-square-foot duplex contains two residences of approximately 3,000 square feet each. Each side has three bedrooms, 2.5 bathrooms, 10-foot ceilings, a first-floor primary suite with an en-suite bath, a dedicated office, and a bonus room. Interior finishes include quartz kitchen counters, varied flooring, and propane fireplaces. Each residence also has an attached two-car garage with direct entry.
The property occupies 1.9 acres and is zoned A. It sits just off Haven Hill Road, next to The Oaks Golf Course, with shopping, major highways, and everyday amenities described as nearby.
The two-unit configuration pairs substantial living space with separate attached garages and patios on both sides.
The property occupies 1.9 acres and is zoned A. It sits just off Haven Hill Road, next to The Oaks Golf Course, with shopping, major highways, and everyday amenities described as nearby.
The two-unit configuration pairs substantial living space with separate attached garages and patios on both sides.
Key Highlights
- Two‑unit duplex built in 2022, with approximately 6,000 square feet total
- 1.9‑acre property, zoned A
- Each residence has 3 bedrooms, 2.5 bathrooms, and approximately 3,000 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,908
Cap Rate
6.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,218,160
$1.2M
Cap Rate 7%
$870,114
$870.1K
Cap Rate 9%
$676,756
$676.8K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$90.0K $15.00/SF
− Vacancy
−$3.0K −$0.50/SF
EGI
$87.0K $14.50/SF
− OpEx
−$26.1K −$4.35/SF
NOI
$60.9K $10.15/SF
Area
Strafford County, NH
Vacancy
3.32%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,218,160
Cap Rate 7%
$870,114
Cap Rate 9%
$676,756
Alternative Uses
Best Use
Multifamily LT 5
$870.1K
$761.4K – $1.02M
NOI $60,908 @ 7.0% cap · market cap 6.41%
Second Best
Apartment 5plus
$802.5K
$702.2K – $936.3K
NOI $56,175 @ 7.0% cap · market cap 5.91%
Theoretical Best
Office A
$1.61M
$1.40M – $1.87M
NOI $112,363 @ 7.0% cap · market cap 11.83%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
44
Businesses Nearby
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Business Placement
Demographics for 03867, NH
22,369
Population
10,458
Households
2.1
Avg Household Size
44
Median Age
25%
College-Educated
93%
High-School Grad
28.4 sq mi
ZIP Area
788
Density / Sq Mi
$74,397
Median Household Income
$42,613
Median Earnings
$1,217
Median Rent
$259,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer first-floor primary suites, dedicated offices, and bonus rooms for flexible everyday use.
Where is this duplex located?
The property is located at 11 Rachel Lane Rochester, NH.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Two‑unit duplex built in 2022, with approximately 6,000 square feet total; 1.9‑acre property, zoned A; Each residence has 3 bedrooms, 2.5 bathrooms, and approximately 3,000 square feet
