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Duplex with Separate Utilities and Parking
New
For Sale
$460,000

30 & 30B Maple Street, Rochester, NH 03867

MULTI_FAMILY - Other - Rochester, NH

Property Size2,023 SF
Lot Size0.13 Acres
Price / SF$227.39
Days on Market5

Property Features for 30 & 30B Maple Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R2
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Basement, Bedroom 5, Bathroom 3, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 2, Bathroom 1
Parking features Driveway, Off Street
Patio and Porch features Porch
Exterior features Porch
Appliances Electric Water Heater
Lot features City Lot
Elementary school Maple Street Elementary
Middle school Rochester Middle School
High school Spaulding High School
Elementary school district Rochester
Middle school district Rochester
High school district Rochester
Directions N Main St to Maple St
Standard status Active
Size 2,023 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7342

Utilities

Heating system Oil, Forced Air
Water source Public

Building Details

Year built 1881
Floors in Building 2
Number of units 2
Flooring type Carpet, Wood, Vinyl
Building materials Wood Frame, Vinyl Exterior
Roof type Shingle
Architectural style Other
Listing Agency: Keller Williams Realty Metro-Londonderry
Listed By: Marge Badois
Added: Aug 3 Last Checked: Aug 7 at 1:06PM
MLS# 5102978

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.

This duplex includes two houses with separate utilities and parking for each home. The “Big House” has 3 bedrooms and 1.5 bathrooms with 1300 SF, and the “Little House” has 2 bedrooms and 1 bathroom with 717 SF. Both homes have been well maintained with updates including new kitchens, vinyl siding, replacement windows, updated wiring, and a structurally enhanced foundation. The property includes porch features, electric water heater service, and forced-air heating with oil.

Located at 30 & 30B Maple Street in Rochester, New Hampshire (Strafford County). The water source is public, and the roof is shingle. The property sits on a 0.13-acre lot and is zoned R2, with easy access to Rt 202.

The Little House is currently occupied by a tenant, with a lease expiration of 5/2027. Showings begin at the open house Saturday, August 8th from 11-1 and Sunday, August 9th from 1-4.

Key Highlights

  • Two houses with separate utilities and parking for each home
  • Little House occupied by tenant; lease expires 5/2027
  • Updates include new kitchens, vinyl siding, replacement windows, updated wiring, and enhanced foundation

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,536
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.46%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$410,720 $410.7K
Cap Rate 7%
$293,371 $293.4K
Cap Rate 9%
$228,178 $228.2K
Market Conditions
NOI Build-Up for 2,023 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$30.3K $15.00/SF
− Vacancy
−$1.0K −$0.50/SF
EGI
$29.3K $14.50/SF
− OpEx
−$8.8K −$4.35/SF
NOI
$20.5K $10.15/SF
Area
Strafford County, NH
Vacancy
3.32%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$410,720
Cap Rate 7%
$293,371
Cap Rate 9%
$228,178

Alternative Uses

Best Use
Multifamily LT 5
$293.4K
$256.7K – $342.3K (±1% cap)
NOI $20,536 @ 7.0% cap · market cap 4.46%
Second Best
Apartment 5plus
$270.6K
$236.8K – $315.7K (±1% cap)
NOI $18,940 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$541.2K
$473.6K – $631.4K (±1% cap)
NOI $37,885 @ 7.0% cap · market cap 8.24%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Bakery Furniture & Home Goods Computer & Electronic Repair (Bike/Boat/Book/etc) Store Carpet & Flooring 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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

642
Businesses Nearby

Demographics for 03867, NH

22,369
Population
10,458
Households
2.1
Avg Household Size
44
Median Age
25%
College-Educated
93%
High-School Grad
28.4 sq mi
ZIP Area
788
Density / Sq Mi
$74,397
Median Household Income
$42,613
Median Earnings
$1,217
Median Rent
$259,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained duplex with separate utilities, off-street parking, and porch features in R2 zoning.
Where is this duplex located?
The property is located at 30 & 30B Maple Street Rochester, NH.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Two houses with separate utilities and parking for each home; Little House occupied by tenant; lease expires 5/2027; Updates include new kitchens, vinyl siding, replacement windows, updated wiring, and enhanced foundation
More about this property
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