Two-Unit
For Sale
$319,000
22 Cosmar Drive, Wakefield, NH 03872
Multi-Family, Wakefield, NH
Property Size1,584 SF
Lot Size0.40 Acres
Price / SF$201.39
Days on Market95
Property Features for 22 Cosmar Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
V/RVILL / RES
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2
Patio and Porch features
Porch
Exterior features
Porch
Appliances
Electric Water Heater
Lot features
In Town, Near Shopping, Near Railroad, Near School(s)
Elementary school
Paul School
Middle school
Paul School
High school
Spaulding High School
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
Amenities
screened-in porch
in-unit laundry
Building Details
Year built
1890
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Tile
Building materials
Vinyl Siding, Wood Siding
Roof type
Metal, Shingle
Architectural style
Colonial
Listing Agency:
KW Coastal and Lakes & Mountains Realty/Wolfeboro · Keller Williams Realty
(603) 610-8500
Listed By:
Adam Dow · License #056660
(866) 525-3946
Added: Jul 8
Changed: Oct 8
Last Checked: Oct 10 at 11:06AM
MLS# 5098834
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.
At 22 Cosmar Drive, this Colonial duplex contains 1,584 square feet on a 0.4-acre lot. The lower residence has two bedrooms, one bathroom, and a screened porch. Upstairs, the one-bedroom, one-bathroom residence includes in-unit laundry. The property was built in 1890 and has vinyl and wood siding, vinyl and tile flooring, and a metal and shingle roof. Public water and propane heat serve the building.
Lovell Lake and the town beach are within walking distance. The property is zoned V/RVILL / RES and is located in Wakefield, New Hampshire.
Lovell Lake and the town beach are within walking distance. The property is zoned V/RVILL / RES and is located in Wakefield, New Hampshire.
Key Highlights
- Two residential units with a combined three bedrooms and two bathrooms
- 1,584 square feet on a 0.4‑acre lot
- Lower residence includes two bedrooms, one bathroom, and a screened porch
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,425
Cap Rate
5.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$368,500
$368.5K
Cap Rate 7%
$263,214
$263.2K
Cap Rate 9%
$204,722
$204.7K
Market Conditions
NOI Build-Up for 1,584 SF
Gross rent
$27.6K $17.40/SF
− Vacancy
−$1.2K −$0.78/SF
EGI
$26.3K $16.62/SF
− OpEx
−$7.9K −$4.99/SF
NOI
$18.4K $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%
$368,500
Cap Rate 7%
$263,214
Cap Rate 9%
$204,722
Alternative Uses
Best Use
Multifamily LT 5
$263.2K
$230.3K – $307.1K
NOI $18,425 @ 7.0% cap · market cap 5.78%
Second Best
Apartment 5plus
$232.9K
$203.8K – $271.7K
NOI $16,301 @ 7.0% cap · market cap 5.11%
Theoretical Best
Office A
$395.5K
$346.1K – $461.4K
NOI $27,686 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
112
Businesses Nearby
Explore this area
Business Placement
Demographics for 03872, NH
3,981
Population
2,435
Households
1.6
Avg Household Size
51
Median Age
33%
College-Educated
97%
High-School Grad
52.0 sq mi
ZIP Area
77
Density / Sq Mi
$91,563
Median Household Income
$65,668
Median Earnings
$950
Median Rent
$319,900
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 - Upper and lower residences provide three bedrooms, with laundry and a screened porch among the unit features.
Where is this duplex located?
The property is located at 22 Cosmar Drive Wakefield, NH.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: Two residential units with a combined three bedrooms and two bathrooms; 1,584 square feet on a 0.4‑acre lot; Lower residence includes two bedrooms, one bathroom, and a screened porch
