Duplex with Private-Entry
New
For Sale
$549,000
21 Waumbeck Road, Wolfeboro, NH 03894
Multi-Family, Wolfeboro, NH
Property Size2,634 SF
Lot Size1.00 Acre
Price / SF$208.43
Days on Market5
Property Features for 21 Waumbeck Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Zoning
RURAL
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 1
Lot features
Level, Near Paths, Near Shopping, Near Hospital, Near School(s)
Elementary school
Carpenter Elementary
Middle school
Kingswood Regional Middle
High school
Kingswood Regional High School
Elementary school district
Governor Wentworth Regional
Middle school district
Governor Wentworth Regional
High school district
Governor Wentworth Regional
Directions
GPS Friendly
Standard status
Active
Size
2,634 SF
Lot size
1.00 Acre
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3067
Utilities
Heating system
Oil
Water source
Public
Building Details
Year built
1950
Floors in Building
2
Number of units
2
Building materials
Timber Frame
Roof type
Membrane
Architectural style
Other
Listing Agency:
Coldwell Banker Realty Gilford NH · Coldwell Banker Real Estate
(603) 524-2255
Listed By:
Lucy Van Cleve
(603) 986-1097
Added: Oct 1
Changed: Oct 2
Last Checked: Oct 5 at 10:06PM
MLS# 5112381
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.
Investment Insights
Based on property information with market context.
This 1950 timber-frame duplex sits on a 1-acre lot and is undergoing renovation. The property has five bedrooms and 2.5 bathrooms across two residences. The second-floor apartment has two bedrooms, a private entrance, new windows, a remodeled bedroom, and an updated bathroom and laundry area. The other residence includes three bedrooms and living space that remains unfinished. Hardwood and tile flooring, a mini-split system, a wood stove, public water, and new perimeter drainage are among the property features. A 12-by-16-foot storage shed is also on site. The sale is as-is, with flooring, drywall, painting, tile, exterior work, and landscaping still underway.
Waumbeck Road is approximately 2 miles from downtown Wolfeboro and Lake Winnipesaukee. The lot is level, with a private backyard and mature trees. Zoning is RURAL.
Waumbeck Road is approximately 2 miles from downtown Wolfeboro and Lake Winnipesaukee. The lot is level, with a private backyard and mature trees. Zoning is RURAL.
Key Highlights
- Duplex with five bedrooms and 2.5 bathrooms
- One‑acre lot with a 12' x 16' storage shed
- Second‑floor, two‑bedroom apartment has a private entrance and new windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,638
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$612,760
$612.8K
Cap Rate 7%
$437,686
$437.7K
Cap Rate 9%
$340,422
$340.4K
Market Conditions
NOI Build-Up for 2,634 SF
Gross rent
$45.8K $17.40/SF
− Vacancy
−$2.1K −$0.78/SF
EGI
$43.8K $16.62/SF
− OpEx
−$13.1K −$4.99/SF
NOI
$30.6K $11.63/SF
Area
Carroll County, NH
Vacancy
4.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$612,760
Cap Rate 7%
$437,686
Cap Rate 9%
$340,422
Alternative Uses
Best Use
Multifamily LT 5
$437.7K
$383.0K – $510.6K
NOI $30,638 @ 7.0% cap · market cap 5.58%
Second Best
Apartment 5plus
$387.2K
$338.8K – $451.8K
NOI $27,107 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$657.7K
$575.5K – $767.3K
NOI $46,039 @ 7.0% cap · market cap 8.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
Explore this area
Business Placement
Demographics for 03894, NH
6,382
Population
4,347
Households
1.5
Avg Household Size
58
Median Age
43%
College-Educated
99%
High-School Grad
47.3 sq mi
ZIP Area
135
Density / Sq Mi
$84,660
Median Household Income
$44,841
Median Earnings
$1,093
Median Rent
$435,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - A separate two-bedroom apartment offers a private entrance, while the other residence includes three bedrooms and renovation work in progress.
Where is this duplex located?
The property is located at 21 Waumbeck Road Wolfeboro, NH.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Duplex with five bedrooms and 2.5 bathrooms; One‑acre lot with a 12' x 16' storage shed; Second‑floor, two‑bedroom apartment has a private entrance and new windows
