115 French Road E, Sutton, NH 03287

Building Details

Year Built 1974 More

Buildings 1 More

Construction log cabin More

Listing Agency: Coldwell Banker LIFESTYLES Show Phone

Listed By: David Cleveland · License #David Cleveland Show Phone

Source: Longviewcre

Added: Sep 11 Changed: Nov 8 Last Checked: Nov 8 at 9:12PM

Report an Issue

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

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

Set on 3.4 acres, this 1,869-square-foot duplex contains two separate living areas. The two-story main residence has three bedrooms, two offices, a kitchen and dining area, and a walk-out lower-level family room. Wood stoves serve the kitchen-dining space and lower level, while a French door opens onto an expansive deck. A covered porch also faces Cascade Brook. The second residence includes a bedroom with an en-suite bath, a pine-paneled kitchen, dining area, living room, and covered porch. The property was built in 1974.

The parcel sits on a bluff above Cascade Brook at the end of a dirt road in Sutton, New Hampshire. Conservation land nearby offers access for hunting and fishing, and New London is a 10-minute drive away for shopping and dining.

Key Highlights

• Two separate residences on 3.4 acres
• 1,869 square feet; built in 1974
• Main residence has three bedrooms, two offices, and a walk‑out lower level

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$26,846

Cap Rate

5.60%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$536,920 $536.9K

Cap Rate 7%

$383,514 $383.5K

Cap Rate 9%

$298,289 $298.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,869 SF

Gross rent

$40.4K $21.60/SF

− Vacancy

−$2.0K −$1.08/SF

EGI

$38.4K $20.52/SF

− OpEx

−$11.5K −$6.16/SF

NOI

$26.8K $14.36/SF

Area

Merrimack County, NH

Vacancy

5.00%

Lease Rate

$21.60 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$536,920

Cap Rate 7%

$383,514

Cap Rate 9%

$298,289

Alternative Uses

Best Use

Multifamily LT 5

$383.5K

$335.6K – $447.4K (±1% cap)

NOI $26,846 @ 7.0% cap · market cap 5.60%

Second Best

Apartment 5plus

$353.4K

$309.2K – $412.3K (±1% cap)

NOI $24,739 @ 7.0% cap · market cap 5.16%

Theoretical Best

Office A

$486.6K

$425.8K – $567.8K (±1% cap)

NOI $34,065 @ 7.0% cap · market cap 7.11%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2

Residential units

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

1

Businesses Nearby

Explore this area Business Placement

Demographics for 03287, NH

1,407

Population

696

Households

2

Avg Household Size

50

Median Age

61%

College-Educated

97%

High-School Grad

29.4 sq mi

ZIP Area

48

Density / Sq Mi

$115,469

Median Household Income

$57,110

Median Earnings

$1,154

Median Rent

$373,000

Median Home Value

Market

Average Price Trend$/SF for Duplexes in Merrimack County, NH

$178 Jul

$208 Aug

$185 Sep

$172 Oct

Properties on Market for Duplexes in Merrimack County

Jul

Aug

Sep

Oct

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 distinct residences offer a multi-bedroom main home and a separate cabin-style living space.

Where is this duplex located?

The property is located at 115 French Road E Sutton, NH.

What is the asking price?

The asking price for this property is $479,000.

What are key features of this property?

This property features: Two separate residences on 3.4 acres; 1,869 square feet; built in 1974; Main residence has three bedrooms, two offices, and a walk‑out lower level