Two-Unit Townhouse
For Sale
$599,000
3 and 5 Ryefield Terrace, Wolfeboro, NH 03894
Multi-Family, Wolfeboro, NH
Property Size2,088 SF
Lot Size6.61 Acres
Price / SF$286.88
Days on Market49
Property Features for 3 and 5 Ryefield Terrace
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
North Wolfeboro-IMPR
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 2, Bedroom 3, Bathroom 4, Bathroom 3, Bathroom 2, Bedroom 1, Bathroom 1, Basement, Bedroom 4
Exterior features
Partial Fence, Garden Space, Window Screens
Fencing
Partial
Appliances
Electric Water Heater
Lot features
Country Setting, Level, Open, Secluded, Private
Elementary school
Carpenter Elementary
Middle school
Kingswood Regional Middle Sch
High school
Kingswood Regional High School
Elementary school district
Governor Wentworth Regional
Middle school district
Governor Wentworth Regional
High school district
Governor Wentworth Regional
Directions
From Wolfeboro Center, left on Center Street, right on 28N, right on 109S. Property is approximately 2 1/2 miles on left.
Standard status
Active
Size
2,088 SF
Lot size
6.61 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
5881
Utilities
Heating system
Hot Water(Heating), Oil
Water source
Well, Private
Building Details
Year built
1990
Floors in Building
2
Number of units
2
Flooring type
Softwood, Carpet, Vinyl
Building materials
Clapboard Exterior
Roof type
Shingle
Architectural style
Other
Listing Agency:
Maxfield Real Estate/Wolfeboro
(603) 569-3128
Listed By:
Betty Ann Bickford
(603) 569-3972
Added: Aug 30
Changed: Oct 15
Last Checked: Oct 17 at 1:06AM
MLS# 5107407
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.
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Investment Insights
Based on property information with market context.
This duplex property comprises two townhouse-style condominium residences, each offering 2 bedrooms, two baths, a kitchen with appliances, dining space, living area, and an unfinished basement. Each unit measures 1,044 square feet, for a combined 2,088 square feet. Separate wells, septic systems, driveways, and rear areas suitable for decking or garden use provide independent functionality. Built in 1990, the property has clapboard exteriors, shingle roofing, softwood, vinyl, and carpet flooring, plus hot-water oil heating.
Located on Ryefield Terrace in Wolfeboro, the property is a short distance from downtown and approximately 5 minutes from Lake Wentworth Beach. The setting includes natural screening from the main road and access to nearby schools, shopping, the library, hospital, and The Nick. Zoning is North Wolfeboro-IMPR.
Located on Ryefield Terrace in Wolfeboro, the property is a short distance from downtown and approximately 5 minutes from Lake Wentworth Beach. The setting includes natural screening from the main road and access to nearby schools, shopping, the library, hospital, and The Nick. Zoning is North Wolfeboro-IMPR.
Key Highlights
- Two 1,044‑square‑foot condominium units totaling 2,088 square feet
- Each unit includes 2 bedrooms and two baths
- Separate well, septic system, and driveway for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,287
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$485,740
$485.7K
Cap Rate 7%
$346,957
$347.0K
Cap Rate 9%
$269,856
$269.9K
Market Conditions
NOI Build-Up for 2,088 SF
Gross rent
$36.3K $17.40/SF
− Vacancy
−$1.6K −$0.78/SF
EGI
$34.7K $16.62/SF
− OpEx
−$10.4K −$4.99/SF
NOI
$24.3K $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%
$485,740
Cap Rate 7%
$346,957
Cap Rate 9%
$269,856
Alternative Uses
Best Use
Multifamily LT 5
$347.0K
$303.6K – $404.8K
NOI $24,287 @ 7.0% cap · market cap 4.05%
Second Best
Apartment 5plus
$307.0K
$268.6K – $358.1K
NOI $21,488 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$521.4K
$456.2K – $608.3K
NOI $36,496 @ 7.0% cap · market cap 6.09%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 03894, NH
6,382
Population
4,347
Households
1.5
Avg Household Size
58
Median Age
43%
College-Educated
99%
High-School Grad
47.3 sq mi
ZIP Area
135
Density / Sq Mi
$84,660
Median Household Income
$44,841
Median Earnings
$1,093
Median Rent
$435,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two condominium residences offer separate wells, septic systems, driveways, and private outdoor areas.
Where is this duplex located?
The property is located at 3 and 5 Ryefield Terrace Wolfeboro, NH.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two 1,044‑square‑foot condominium units totaling 2,088 square feet; Each unit includes 2 bedrooms and two baths; Separate well, septic system, and driveway for each unit
