22 Cosmar Drive Wakefield, NH 03872
MULTI_FAMILY - Colonial - Wakefield, NH
- Added:
- Jul 8, 2026
- Days on Market:
- 5
- Last Refresh:
- Jul 12 at 1:06 pm
Property Features for 22 Cosmar Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- V/RVILL / RES
- Appliances
- Electric Water Heater
- Standard status
- Active
- Size
- 1,584 SF
- Lot size
- 0.40 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2940
Utilities
- Heating system
- Propane (Heating)
- Water source
- Public
Building Details
- Year built
- 1890
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Vinyl
- Building materials
- Vinyl Siding, Wood Siding
- Roof type
- Metal, Shingle
- Architectural style
- Colonial
Listing agent Adam Dow (603) 610-8500
Listing office KW Coastal and Lakes & Mountains Realty/Wolfeboro 136 South Main St., Portsmouth, NH (603) 610-8500
Listing date Jul 8, 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.
Investment Insights
Based on property information with market context.
The property is located at 22 Cosmar Drive in Wakefield, New Hampshire. The listing is presented for sale, with the current units described as occupied by long-term tenants. The site is identified with a lot size of 0.4 acres, and the property is noted under a V/RVILL / RES zoning designation.
For buyers looking for a small income property, this arrangement provides clear separation between the two units’ utility systems and an overall layout that includes laundry amenities in the upper home. The lower and upper floor plans offer different bedroom configurations while maintaining the same core one-bath setup per unit, which can simplify day-to-day management and tenant turnover decisions.
Key Highlights
- 2‑unit multifamily property built in 1890 with Colonial architectural style
- Lower unit: 2 beds, 1 bath, currently rented to a long‑term tenant
- Upper unit: 1 bed, 1 bath with in‑unit laundry, currently rented to a long‑term tenant
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 | $27.6k | $17.40 |
| − Vacancy | −$1.2k | −$0.78 |
| EGI | $26.3k | $16.62 |
| − OpEx | −$7.9k | −$4.99 |
| NOI | $18.4k | $11.63 |
