Building Details

Year Built 1979

Buildings 2

Listing Agency: Costantino Real Estate LLC

Listed By: Gerard Costantino · License #18814 Show Phone

Source: Newhampshirehomematch

Added: Oct 1 Changed: Oct 10 Last Checked: Oct 10 at 2:55AM

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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 Costantino Real Estate LLC

Investment Insights

Based on property information with market context.

The property pairs a five-bedroom, three-bath home with a separate apartment building containing three units. The house has two additional dens or offices, a vaulted wood ceiling, and a gas fireplace in the living room. Its kitchen features butcher block counters and newer appliances, with adjoining dining and sitting areas; the sitting room has a wood stove. An indoor in-ground pool is served by a newer boiler and hot water heater, and an outdoor wood furnace can also heat the pool.

The apartment building offers two one-bedroom units and one two-bedroom unit. The home is approximately 2,800 square feet, while the rental units total approximately 2,500 square feet. The property is in Freedom, New Hampshire, and the home was built in 1979.

Key Highlights

• Detached apartment building with three units: two one‑bedroom apartments and one two‑bedroom apartment
• Five‑bedroom, three‑bath main home with two additional dens or offices
• Indoor in‑ground pool with newer boiler and hot water heater

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$29,778

Cap Rate

3.73%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$595,560 $595.6K

Cap Rate 7%

$425,400 $425.4K

Cap Rate 9%

$330,867 $330.9K

Market Conditions

NOI Build-Up for 2,560 SF

Gross rent

$44.5K $17.40/SF

− Vacancy

−$2.0K −$0.78/SF

EGI

$42.5K $16.62/SF

− OpEx

−$12.8K −$4.99/SF

NOI

$29.8K $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%

$595,560

Cap Rate 7%

$425,400

Cap Rate 9%

$330,867

Alternative Uses

Best Use

Multifamily LT 5

$425.4K

$372.2K – $496.3K (±1% cap)

NOI $29,778 @ 7.0% cap · market cap 3.73%

Second Best

Apartment 5plus

$376.4K

$329.3K – $439.1K (±1% cap)

NOI $26,345 @ 7.0% cap · market cap 3.30%

Theoretical Best

Office A

$639.2K

$559.3K – $745.8K (±1% cap)

NOI $44,746 @ 7.0% cap · market cap 5.60%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Repair Shop Storage Facility Hair Salon Nail Salon Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4

Residential units

Location Intelligence

Trade Area within ½ mile

17

Businesses Nearby

Explore this area Business Placement

Demographics for 03836, NH

1,689

Population

1,749

Households

1

Avg Household Size

60

Median Age

42%

College-Educated

94%

High-School Grad

34.7 sq mi

ZIP Area

49

Density / Sq Mi

$71,875

Median Household Income

$41,250

Median Earnings

$369,800

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this triplexes located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Triplex - A detached rental building accompanies a five-bedroom home with an indoor pool and additional den or office space.

Where is this triplex located?

The property is located at 265267 Village Rd Freedom, NH.

What is the asking price?

The asking price for this property is $799,000.

What are key features of this property?

This property features: Detached apartment building with three units: two one‑bedroom apartments and one two‑bedroom apartment; Five‑bedroom, three‑bath main home with two additional dens or offices; Indoor in‑ground pool with newer boiler and hot water heater