20-24 Crest Lane, Madison, NH 03849
MULTI_FAMILY - Contemporary - Madison, NH
- Added:
- May 9, 2026
- Days on Market:
- 50
- Last Refresh:
- Jun 27 at 2:06 pm
Property Features for 20-24 Crest Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RURAL
- Bedrooms
- 7
- Bathrooms
- 5
- Rooms
- Bathroom 3, Basement, Bathroom 5, Bedroom 3, Bedroom 5, Bedroom 4, Bathroom 1, Bathroom 4, Bedroom 6, Bedroom 7, Bathroom 2, Bedroom 2, Bedroom 1
- Parking features
- Garage
- Patio and Porch features
- Deck, Patio
- Exterior features
- Deck, Garden Space, Guest House, Hot Tub, Patio
- Appliances
- Electric Water Heater, Water Heater off Boiler
- Standard status
- Active
- Size
- 5,851 SF
- Lot size
- 5.98 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 11730
Utilities
- Heating system
- Ductless (Heating), Hot Water(Heating), Wood, Pellet Stove
- Cooling system
- Zoned, Ductless
- Water source
- Well
Building Details
- Year built
- 1988
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Hardwood, Carpet, Tile
- Building materials
- Wood Frame, Cedar Exterior
- Roof type
- Shingle
- Architectural style
- Contemporary
- Additional Structures
- Guest House
Listing agent Pamela Adami (603) 610-8500
Listing office KW Coastal and Lakes & Mountains Realty/N Conway 2779 White Mountain Highway., Portsmouth, NH (603) 730-5683
Listing date May 9, 2026
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.
Overview
Set on nearly 6 private acres in Madison, NH, the property is described as perched with sunrise views over Foss Mountain. A detached heated garage sits on-site and provides additional independent living space above it. The garage apartment includes two bedrooms and one bath.
For tenants, buyers, or operators, the layout supports a variety of household configurations, including multi-generational living, guest accommodations, or living in one portion while renting others. The garage apartment is designed to function completely independently, with its own entrance, electric meter, septic system, heating system, and hot water system. The property also has two septic systems, reinforcing separation between living areas.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $101.8k | $17.40 |
| − Vacancy | −$4.6k | −$0.78 |
| EGI | $97.2k | $16.62 |
| − OpEx | −$29.2k | −$4.99 |
| NOI | $68.1k | $11.63 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Carroll
- State
- New Hampshire
- Longitude
- -71.098792
- Latitude
- 43.883725
