Multifamily Property with Separate
For Sale
$1,250,000
325-329 McCurdy Road, New Boston, NH 03070
Custom primary residence paired with a newer detached accessory dwelling unit, offering flexible living and income-producing potential.
Property Size4,287 SF
Days on Market22
Property Features for 325-329 McCurdy Road
General Information
Standard status
Active
Size
4,287 SF
Property subtype
Multi Family Home
Zoning
RA
Additional Details
Gross Income
$34,200
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$16,720
Amenities
wraparound covered porch
guest suite with kitchenette
rec room
mudroom
walk-up attic
granite/stainless kitchen
walk-in pantry
deck
high efficiency heat
central A/C
ADU heat pump/AC
ADU walkout basement
Building Details
Building Size
4,287 SF
Year Built
2016
Stories
3
Units
2
Listing Agency:
Bhgre Masiello Bedford
(603) 625-2800
Listed By:
Louis Nixon
(603) 625-2800
Source:
Ossipeelakere
Added: Aug 9
Changed: Aug 29
Last Checked: Aug 22 at 8:43AM
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 Bhgre Masiello Bedford
Investment Insights
Based on property information with market context.
This multifamily property combines a 2016 custom colonial with a separate 2023 Cape-style ADU. The primary residence offers 3+ bedrooms and 4 baths, including a guest suite over the garage, first-floor office, walkout lower-level recreation room, mudroom with laundry and three-quarter bath, and a walk-up attic roughed in for plumbing, electrical, and heat/AC. The kitchen features granite surfaces, stainless appliances, a center island, walk-in pantry, and access to the dining area, deck, and living room. Three heating and cooling zones serve the main home.
The detached ADU includes 2 bedrooms and 1.5 baths, with a first-floor bedroom and full bath, plus an upper-level bedroom, office, and half bath. Its unfinished walkout basement provides laundry and storage space. The property encompasses 4+ acres, with a shared well, separate septic systems, and parking serving the ADU. The dwelling is positioned apart from the main house with a treeline between them. The property is approximately 3 minutes from the Bedford line and 20 minutes from Manchester and highways.
The detached ADU includes 2 bedrooms and 1.5 baths, with a first-floor bedroom and full bath, plus an upper-level bedroom, office, and half bath. Its unfinished walkout basement provides laundry and storage space. The property encompasses 4+ acres, with a shared well, separate septic systems, and parking serving the ADU. The dwelling is positioned apart from the main house with a treeline between them. The property is approximately 3 minutes from the Bedford line and 20 minutes from Manchester and highways.
Key Highlights
- 2016 custom colonial with 3+ bedrooms and 4 baths
- Separate 2023 ADU with 2 bedrooms and 1.5 baths
- 4+ acres with shared well and separate septic systems
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
$62,956
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
5.04%
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%
$1,259,120
$1.3M
Cap Rate 7%
$899,371
$899.4K
Cap Rate 9%
$699,511
$699.5K
Market Conditions
NOI Build-Up for 4,287 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
$95.2K $22.20/SF
− Vacancy
−$5.2K −$1.22/SF
EGI
$89.9K $20.98/SF
− OpEx
−$27.0K −$6.29/SF
NOI
$63.0K $14.69/SF
Area
Hillsborough County, NH
Vacancy
5.50%
Lease Rate
$22.20 /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%
$1,259,120
Cap Rate 7%
$899,371
Cap Rate 9%
$699,511
Alternative Uses
Best Use
Multifamily LT 5
$899.4K
$787.0K – $1.05M
NOI $62,956 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$833.3K
$729.1K – $972.1K
NOI $58,328 @ 7.0% cap · market cap 4.67%
Theoretical Best
Specialty Retail
$7.85M
$6.87M – $9.16M
NOI $549,808 @ 7.0% cap · market cap 43.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Explore this area
Business Placement
Demographics for 03070, NH
6,134
Population
2,189
Households
2.8
Avg Household Size
42
Median Age
43%
College-Educated
94%
High-School Grad
43.1 sq mi
ZIP Area
142
Density / Sq Mi
$151,296
Median Household Income
$75,339
Median Earnings
$1,140
Median Rent
$436,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Custom primary residence paired with a newer detached accessory dwelling unit, offering flexible living and income-producing potential.
Where is this multifamily property located?
The property is located at 325-329 McCurdy Road New Boston, NH.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 2016 custom colonial with 3+ bedrooms and 4 baths; Separate 2023 ADU with 2 bedrooms and 1.5 baths; 4+ acres with shared well and separate septic systems
