Lakefront Duplex with
26 Pine Rock Road, Hillsborough, NH 03244
For Sale
$1,800,000
A separate vintage cottage and cleared buildable parcel accompany the duplex on Franklin Pierce Lake.
Property Size4,080 SF
Price / SF$441.18
Days on Market281
Property Features for 26 Pine Rock Road
General Information
Standard status
Size
Property subtype
Amenities
covered porch
covered composite deck
balconies
ensuite bath
walk-in closet
Building Details
Year Built
Buildings
Listing Agency:
Keller Williams Realty-Metropolitan
Listed By:
Fine Homes Group International
(603) 556-7110
Source:
Bigislandre
Added: Feb 2
Changed: Nov 8
Last Checked: Nov 8 at 6:49AM
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 Keller Williams Realty-Metropolitan
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Investment Insights
Based on property information with market context.
This 4,080-square-foot duplex is part of a lakefront property that also includes an original shingled cottage and a cleared, buildable parcel. The duplex features two residences, each with a two-car garage and direct entry. Interior finishes include vinyl plank flooring, quartz countertops, white cabinetry and stainless steel appliances. Covered decks and balconies provide outdoor space, with elevated water views from the primary suites.
The property directly adjoins Franklin Pierce Lake. The cottage sits near the shoreline, with mature trees and a grassy knoll. The lake supports boating, fishing and swimming, as well as ice fishing in winter. The additional parcel is described as suitable for a custom home or another income-producing structure.
The property directly adjoins Franklin Pierce Lake. The cottage sits near the shoreline, with mature trees and a grassy knoll. The lake supports boating, fishing and swimming, as well as ice fishing in winter. The additional parcel is described as suitable for a custom home or another income-producing structure.
Key Highlights
- 4,080‑square‑foot duplex
- Two residences, each with a two‑car garage and direct entry
- Franklin Pierce Lake frontage; boating, fishing and swimming
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,916
Cap Rate
3.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,198,320
$1.2M
Cap Rate 7%
$855,943
$855.9K
Cap Rate 9%
$665,733
$665.7K
Market Conditions
NOI Build-Up for 4,080 SF
Gross rent
$90.6K $22.20/SF
− Vacancy
−$5.0K −$1.22/SF
EGI
$85.6K $20.98/SF
− OpEx
−$25.7K −$6.29/SF
NOI
$59.9K $14.69/SF
Area
Hillsborough County, NH
Vacancy
5.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,198,320
Cap Rate 7%
$855,943
Cap Rate 9%
$665,733
Alternative Uses
Best Use
Multifamily LT 5
$855.9K
$749.0K – $998.6K
NOI $59,916 @ 7.0% cap · market cap 3.33%
Second Best
Apartment 5plus
$793.0K
$693.9K – $925.2K
NOI $55,512 @ 7.0% cap · market cap 3.08%
Theoretical Best
Office A
$1.30M
$1.13M – $1.51M
NOI $90,670 @ 7.0% cap · market cap 5.04%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
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Business Placement
Demographics for 03244, NH
8,001
Population
3,667
Households
2.2
Avg Household Size
44
Median Age
25%
College-Educated
95%
High-School Grad
82.5 sq mi
ZIP Area
97
Density / Sq Mi
$93,886
Median Household Income
$51,022
Median Earnings
$1,112
Median Rent
$252,900
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Hillsborough County, NH
Properties on Market for Duplexes in Hillsborough County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A separate vintage cottage and cleared buildable parcel accompany the duplex on Franklin Pierce Lake.
Where is this duplex located?
The property is located at 26 Pine Rock Road Hillsborough, NH.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 4,080‑square‑foot duplex; Two residences, each with a two‑car garage and direct entry; Franklin Pierce Lake frontage; boating, fishing and swimming
