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    Completely Renovated Two-Family Home Title is generated by Realmo AI

    27 Washington St, Ashland, NH 03217

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    For Sale
    $479,000

    Fully renovated two-family home near Lakes Region and White Mountains.

    Type:Investment
    Added:
    May 9, 2026
    Days on Market:
    19
    Last Refresh:
    May 9 at 12:43 am

    Property Features for 27 Washington St

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    1900

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    Listing Contact
    Jennifer Frost
    Jennifer Frost

    Listing agent Jennifer Frost

    Listing office Keller Williams Realty Metropolitan

    Listing date May 9, 2026

    Source Elliman

    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

    HighLights

    • Completely renovated two‑family home with new systems, offering potential for rental income.
    • Two separate units: 2‑bedroom on main floor and 3‑bedroom upstairs, each with its own kitchen and laundry hookups.
    • Modern kitchens featuring stainless steel appliances and white Napoli granite countertops.
    • Conveniently located near I‑93, Plymouth State, Speare Hospital, Waterville Valley, and Squam Lake.
    • New porch with Trex decking and entry paver patio provides an inviting entrance.
    • Interior rebuilt from the studs with new drywall, subfloors, tilt‑in windows, luxury vinyl plank flooring, and updated bathrooms.

    Overview

    This completely renovated two-family home features a 2-bedroom unit on the main floor and a 3-bedroom unit upstairs, offering potential for rental income, a second home, or multi-generational living. Each unit boasts bright, open-plan kitchens with stylish cabinets, soft-close drawers, new stainless steel appliances, and white Napoli granite countertops with a center island. The bathrooms are updated with new fixtures, tile floors, and linen closets, with an upsized bathroom in the second unit. Laundry hookups are conveniently located in each unit. Easy-care neutral luxury vinyl plank flooring extends throughout the home. New doors, hardware, trim, double door closets, and recessed lights add to the appeal. A brand-new porch with Trex decking and an entry paver patio provide a welcoming entrance. The interior has been rebuilt from the studs with new drywall, subfloors, and tilt-in windows. Energy efficiency is enhanced by a new furnace, tankless water heater, and insulation. Pex and PVC plumbing has been installed, along with new electrical wiring and panels. The roof, vinyl siding, and back stairs have all been replaced, and fencing has been added. Located minutes from 93, this property in Ashland is near the Lakes Region and the Mount Washington Valley, with Plymouth State, Speare Hospital, Waterville Valley, and Squam Lake in close proximity. This property presents a great income opportunity, recreational home base, or an opportunity for economical shared living.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ashland
    County
    Grafton
    State
    New Hampshire
    Longitude
    -71.6272962
    Latitude
    43.6914923

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    FAQs

    What type of property is this?
    Duplex - Fully renovated two-family home near Lakes Region and White Mountains.
    Where is this duplex located?
    The property is located at 27 Washington St Ashland, NH.
    What is the asking price?
    The asking price for this property is $479,000.
    What are key features of this property?
    This property features: Completely renovated two‑family home with new systems, offering potential for rental income.; Two separate units: 2‑bedroom on main floor and 3‑bedroom upstairs, each with its own kitchen and laundry hookups.; **Modern kitchens featuring stainless steel appliances and white Napoli granite countertops.**
    (603) 965-2992
    We can help!
    Listing Contact
    Jennifer Frost
    Jennifer Frost
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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