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    959 Presidential Hwy Jefferson, NH 03583

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    For Sale
    $2,250,000

    Turn-key furnished estate with mountain views and income potential.

    Lot size:
    12.35 Acres

    Property Features for 959 Presidential Hwy

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    12.35 Acres

    Building Details

    Year built
    1849

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    Listing Contact
    Deda Wilms
    Source: Elliman

    Listing Agent: Deda Wilms

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Jefferson Mountain Retreat Estate

    This fully furnished mountain retreat, currently operating as a 5-star rated short term rental, offers flexible floor plan options. Formerly an elegant residence, it could serve as a corporate retreat or family compound. The property features three individual living units, two of which include kitchens, along with additional bedrooms. Noteworthy features include antique elements, mature landscaping, newly constructed stone walls and decks, high-end heating systems, new flooring, windows, and siding. The property showcases a blend of original charm and modern finishes. Expansive views of the Presidential Mountain Range can be enjoyed from the oversized 3-season porch, farmers' porch, and many of the rooms, as well as meandering trails. A 3-car garage and barn provide space for recreation and storage, featuring 12 ft' tall garage doors on both ends, making it suitable for parking RVs and trailers. The property includes an elegant entrance and signage, easy accessibility, and road frontage. It is located in the White Mountains, with proximity to year-round recreational activities. Golf and Santa Village are nearby. The Mount Washington Hotel and several airports are within a reasonable distance. This mountain estate offers style, serenity, and income potential.
    Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Restaurant Hotel & Motel HVAC Service Bed & Breakfast Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jefferson
    County
    Coos
    State
    New Hampshire
    Longitude
    -71.4592893
    Latitude
    44.4120619

    Nearby Similar for Sale

    • $1,350,000

      Jefferson, NH Storage Facility For Sale

      Recently constructed storage facility with expansion potential in Jefferson, NH.
      1495 Presidential Hwy, Jefferson, NH 03583
      View Details
    • Contact for pricing

      Jefferson Campground: RV and Campground

      77-site RV and Campground in Jefferson, New Hampshire.
      1468 Presidential Hwy, Jefferson, NH 03583
      View Details

    FAQs

    What type of property is this?
    Short term rental property - Turn-key furnished estate with mountain views and income potential.
    Where is this short term rental property located?
    The property is located at 959 Presidential Hwy Jefferson, NH.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: - Turn-key, fully furnished 5-star rated short term rental with income potential.; - Flexible floor plan with three individual living units, two with kitchens, suitable for a residence, corporate retreat, or family compound.; - Expansive views of the Presidential Mountain Range from multiple vantage points.
    (603) 487-3010
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    959 Presidential Hwy Jefferson, NH 03583
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    Jefferson, NH 03583
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    959 Presidential Hwy Jefferson, NH 03583
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    Listing Contact
    Deda Wilms
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