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Two-Unit Duplex with Deck
For Sale
$870,000

31 Juniper Road, Derry, NH 03038

Both residences are offered together, with separate living spaces and shared outdoor grounds.

Property Size2,076 SF
Price / SF$419.08
Days on Market24

Property Features for 31 Juniper Road

General Information

Standard status Active
Size 2,076 SF
Property subtype Multi-family
Lease Term []

Additional Details

Multifamily Units 2

Amenities

deck
screened area
expansive yard

Building Details

Year Built 1984
Listing Agency: Century 21 NE Group
Listed By: Ann Trueworthy
Source: Lakesregionrealestate
Added: Sep 12 Changed: Oct 4 Last Checked: Oct 4 at 10:36AM

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 Century 21 NE Group

Investment Insights

Based on property information with market context.

This 1984 duplex includes two side-by-side residences offered as one property, with a combined 2,076 square feet. Interior features include spacious bedrooms and newer windows; the kitchen updates include a new refrigerator and dishwasher. Outdoor areas include a deck, a screened space, and an expansive yard with mature landscaping and a broad front lawn. Farm fields are located behind the property.

At 31 Juniper Road in Derry, the property sits within the Juniper Hills neighborhood. It has been pre-inspected and appraised.

Key Highlights

  • Two side‑by‑side units offered together
  • 2,076 square feet across the duplex
  • Built in 1984

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,973
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$699,460 $699.5K
Cap Rate 7%
$499,614 $499.6K
Cap Rate 9%
$388,589 $388.6K
Market Conditions
NOI Build-Up for 2,076 SF
Gross rent
$52.3K $25.20/SF
− Vacancy
−$2.4K −$1.13/SF
EGI
$50.0K $24.07/SF
− OpEx
−$15.0K −$7.22/SF
NOI
$35.0K $16.85/SF
Area
Rockingham County, NH
Vacancy
4.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$699,460
Cap Rate 7%
$499,614
Cap Rate 9%
$388,589

Alternative Uses

Best Use
Multifamily LT 5
$499.6K
$437.2K – $582.9K (±1% cap)
NOI $34,973 @ 7.0% cap · market cap 4.02%
Second Best
Apartment 5plus
$450.0K
$393.8K – $525.1K (±1% cap)
NOI $31,503 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$691.2K
$604.8K – $806.4K (±1% cap)
NOI $48,381 @ 7.0% cap · market cap 5.56%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Kitchen & Bath Showroom Plumbing Service Electrical Service 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby

Demographics for 03038, NH

34,482
Population
14,207
Households
2.4
Avg Household Size
40
Median Age
35%
College-Educated
93%
High-School Grad
35.8 sq mi
ZIP Area
963
Density / Sq Mi
$104,306
Median Household Income
$53,516
Median Earnings
$1,473
Median Rent
$381,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Both residences are offered together, with separate living spaces and shared outdoor grounds.
Where is this duplex located?
The property is located at 31 Juniper Road Derry, NH.
What is the asking price?
The asking price for this property is $870,000.
What are key features of this property?
This property features: Two side‑by‑side units offered together; 2,076 square feet across the duplex; Built in 1984
More about this property
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