22 Cosmar Drive Wakefield, NH 03872
Two-unit property in Wakefield with long-term tenants, separate utilities, and in-unit laundry on the upper unit.
- Added:
- Jul 10, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 11 at 2:57 am
Property Features for 22 Cosmar Drive
General Information
- Standard status
- Active
- Size
- 1,584 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1890
Listing office KW Coastal and Lakes & Mountains Realty/Wolfeboro
Listing date Jul 10, 2026
Source Laerrealty
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 KW Coastal and Lakes & Mountains Realty/Wolfeboro
Investment Insights
Based on property information with market context.
Each unit has its own heat and electricity service, providing independent utility management for both tenants.
The property is offered for sale as a 2-unit multifamily investment with current rental occupancy.
Key Highlights
- 2‑unit multi‑family property built in 1890
- Lower unit: 2 beds and 1 bathroom; long‑term tenant occupied
- Upper unit: 1 bed and 1 bathroom with in‑unit laundry; long‑term tenant occupied
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 |
