Duplex with ADU
14 Moharimet Drive, Madbury, NH 03823
For Sale
New
$650,000
Multi-Family, Madbury, NH
Property Size2,856 SF
Lot Size2.05 Acres
Price / SF$227.59
Days on Market4
Property Features for 14 Moharimet Drive
General Information
Property type
Property subtype
Zoning
Rooms
Lot features
Standard status
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Heating system
Cooling system
Water source
Amenities
rear deck
storage shed
Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Architectural style
Listing Agency:
Coldwell Banker Classic Realty · Coldwell Banker Real Estate
Listed By:
Jason McMahon
(603) 647-5718
Added: Nov 11
Last Checked: Nov 14 at 1:06AM
MLS# 5117513
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,856-square-foot Colonial, built in 1978, has five bedrooms and four bathrooms. Updates include a new kitchen with quartz countertops and stainless steel appliances, fresh paint, new carpet, and wood floors. A two-car garage, rear deck, storage shed, and basement provide additional features and space.
The property occupies 2.05 acres at 14 Moharimet Drive in Madbury, New Hampshire. The seller is willing to convert existing space into a town-approved ADU, with a first-floor kitchen and living room and an ensuite bedroom, bathroom, and laundry area upstairs. The ADU is not currently in place.
The property occupies 2.05 acres at 14 Moharimet Drive in Madbury, New Hampshire. The seller is willing to convert existing space into a town-approved ADU, with a first-floor kitchen and living room and an ensuite bedroom, bathroom, and laundry area upstairs. The ADU is not currently in place.
Key Highlights
- 2.05‑acre property in Madbury, NH
- 2,856 square feet; five bedrooms and four bathrooms
- Seller willing to create a town‑approved ADU from existing space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,992
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$579,840
$579.8K
Cap Rate 7%
$414,171
$414.2K
Cap Rate 9%
$322,133
$322.1K
Market Conditions
NOI Build-Up for 2,856 SF
Gross rent
$42.8K $15.00/SF
− Vacancy
−$1.4K −$0.50/SF
EGI
$41.4K $14.50/SF
− OpEx
−$12.4K −$4.35/SF
NOI
$29.0K $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%
$579,840
Cap Rate 7%
$414,171
Cap Rate 9%
$322,133
Alternative Uses
Best Use
Multifamily LT 5
$414.2K
$362.4K – $483.2K
NOI $28,992 @ 7.0% cap · market cap 4.46%
Second Best
Apartment 5plus
$382.0K
$334.2K – $445.7K
NOI $26,739 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$764.1K
$668.6K – $891.4K
NOI $53,485 @ 7.0% cap · market cap 8.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Explore this area
Business Placement
Demographics for 03823, NH
1,928
Population
751
Households
2.6
Avg Household Size
42
Median Age
55%
College-Educated
97%
High-School Grad
11.6 sq mi
ZIP Area
166
Density / Sq Mi
$144,635
Median Household Income
$65,221
Median Earnings
$1,549
Median Rent
$459,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Strafford County, NH
Properties on Market for Duplexes in Strafford County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A renovated Colonial offers a seller-proposed, town-approved accessory dwelling unit conversion.
Where is this duplex located?
The property is located at 14 Moharimet Drive Madbury, NH.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 2.05‑acre property in Madbury, NH; 2,856 square feet; five bedrooms and four bathrooms; Seller willing to create a town‑approved ADU from existing space
