Updated Historic
For Sale
$425,000
35 Jackson Street, Littleton, NH 03561
Three-unit residential property with separate utilities, public services, and flexible month-to-month rental arrangements.
Property Size3,633 SF
Price / SF$121.43
Days on Market95
Property Features for 35 Jackson Street
General Information
Standard status
Active
Size
3,633 SF
Property subtype
Multi Family Home
Zoning
R-1
Additional Details
Utilities to Site
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$4,944
Building Details
Building Size
3,633 SF
Year Built
1880
Stories
3
Units
3
Construction
wood siding
Listing Agency:
Coldwell Banker Lifestyles- Littleton
(603) 444-6737
Listed By:
Crystal Chase
Source:
Ossipeelakere
Added: May 28
Changed: Aug 29
Last Checked: Jul 25 at 3:03AM
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 Coldwell Banker Lifestyles- Littleton
Investment Insights
Based on property information with market context.
This three-unit residential property contains 3,633 square feet of living space in a multi-story building constructed in 1880. The property retains historic character, including wood siding and a traditional layout, while receiving updates within the last 5 years. Improvements include converting the first-floor apartment’s sun porch into heated space, rebuilding its kitchen and bathroom, and completing exterior work. Heating is separately allocated so each tenant pays their own cost.
Positioned at 35 Jackson ST in Littleton, the property is near Main Street, with shops, restaurants, cafés, schools, and community amenities nearby. Public water and sewer serve the building. Month-to-month rental configurations provide flexibility for continued leasing or future occupancy planning.
Positioned at 35 Jackson ST in Littleton, the property is near Main Street, with shops, restaurants, cafés, schools, and community amenities nearby. Public water and sewer serve the building. Month-to-month rental configurations provide flexibility for continued leasing or future occupancy planning.
Key Highlights
- Three residential units totaling 3,633 square feet of living space
- Built in 1880 with wood siding and traditional multi‑story design
- Updates within the last 5 years include a heated sun porch, rebuilt kitchen and bathroom, and exterior work
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
$34,729
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
8.17%
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%
$694,580
$694.6K
Cap Rate 7%
$496,129
$496.1K
Cap Rate 9%
$385,878
$385.9K
Market Conditions
NOI Build-Up for 3,500 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
$52.5K $15.00/SF
− Vacancy
−$2.9K −$0.83/SF
EGI
$49.6K $14.17/SF
− OpEx
−$14.9K −$4.25/SF
NOI
$34.7K $9.92/SF
Area
Grafton County, NH
Vacancy
5.50%
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%
$694,580
Cap Rate 7%
$496,129
Cap Rate 9%
$385,878
Alternative Uses
Best Use
Multifamily LT 5
$496.1K
$434.1K – $578.8K
NOI $34,729 @ 7.0% cap · market cap 8.17%
Second Best
Apartment 5plus
$454.6K
$397.8K – $530.3K
NOI $31,820 @ 7.0% cap · market cap 7.49%
Theoretical Best
Office A
$769.9K
$673.7K – $898.2K
NOI $53,893 @ 7.0% cap · market cap 12.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
629
Businesses Nearby
Explore this area
Business Placement
Demographics for 03561, NH
6,005
Population
3,124
Households
1.9
Avg Household Size
47
Median Age
25%
College-Educated
86%
High-School Grad
50.0 sq mi
ZIP Area
120
Density / Sq Mi
$54,545
Median Household Income
$44,391
Median Earnings
$886
Median Rent
$249,000
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?
Triplex - Three-unit residential property with separate utilities, public services, and flexible month-to-month rental arrangements.
Where is this triplex located?
The property is located at 35 Jackson Street Littleton, NH.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Three residential units totaling 3,633 square feet of living space; Built in 1880 with wood siding and traditional multi‑story design; Updates within the last 5 years include a heated sun porch, rebuilt kitchen and bathroom, and exterior work
