Duplex with Private
For Sale
$669,000
15 Juniper Rd, Derry, NH 03038
Both two-bedroom homes have eat-in kitchens, half baths, upstairs full baths, and decks overlooking the lawn.
Property Size2,088 SF
Price / SF$320.40
Days on Market8
Property Features for 15 Juniper Rd
General Information
Standard status
Active
Size
2,088 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1.5BA
Multifamily Units
2
Building Details
Year Built
1980
Listing Agency:
BHHS Verani Londonderry
Listed By:
Ben Weigler ben.weigler@verani.com
Source:
Uppervalleyhomesnhvt
Added: Oct 18
Changed: Oct 25
Last Checked: Oct 24 at 5:40PM
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 BHHS Verani Londonderry
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Investment Insights
Based on property information with market context.
This 2,088-square-foot duplex contains two similar homes, each with two bedrooms and a garage. The first floor includes an eat-in kitchen, dining area, half bath, and living room; upstairs are two bedrooms and a full bath. Sliding doors open to deck space, and the property also has a rolling lawn and open yard. One unit is vacant, while the other is described as well maintained.
Set back from Juniper Road on more than an acre, the property has a wooded buffer and pond views. The vacant unit may suit an owner-occupant, while the second unit offers the possibility of rental income. Conversion to Condex units would require town approval.
Set back from Juniper Road on more than an acre, the property has a wooded buffer and pond views. The vacant unit may suit an owner-occupant, while the second unit offers the possibility of rental income. Conversion to Condex units would require town approval.
Key Highlights
- 2,088‑square‑foot duplex on more than an acre
- Two similar units, each with two bedrooms and its own garage
- One unit is vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,175
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$703,500
$703.5K
Cap Rate 7%
$502,500
$502.5K
Cap Rate 9%
$390,833
$390.8K
Market Conditions
NOI Build-Up for 2,088 SF
Gross rent
$52.6K $25.20/SF
− Vacancy
−$2.4K −$1.13/SF
EGI
$50.2K $24.07/SF
− OpEx
−$15.1K −$7.22/SF
NOI
$35.2K $16.85/SF
Area
Rockingham County, NH
Vacancy
4.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$703,500
Cap Rate 7%
$502,500
Cap Rate 9%
$390,833
Alternative Uses
Best Use
Multifamily LT 5
$502.5K
$439.7K – $586.3K
NOI $35,175 @ 7.0% cap · market cap 5.26%
Second Best
Apartment 5plus
$452.6K
$396.1K – $528.1K
NOI $31,685 @ 7.0% cap · market cap 4.74%
Theoretical Best
Office A
$695.2K
$608.3K – $811.0K
NOI $48,661 @ 7.0% cap · market cap 7.27%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
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Business Placement
Demographics for 03038, NH
34,482
Population
14,207
Households
2.4
Avg Household Size
40
Median Age
35%
College-Educated
93%
High-School Grad
35.8 sq mi
ZIP Area
963
Density / Sq Mi
$104,306
Median Household Income
$53,516
Median Earnings
$1,473
Median Rent
$381,700
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 two-bedroom homes have eat-in kitchens, half baths, upstairs full baths, and decks overlooking the lawn.
Where is this duplex located?
The property is located at 15 Juniper Rd Derry, NH.
What is the asking price?
The asking price for this property is $669,000.
What are key features of this property?
This property features: 2,088‑square‑foot duplex on more than an acre; Two similar units, each with two bedrooms and its own garage; One unit is vacant
