Detached Two-Home
For Sale
$640,000
35 Rolling Ridge Road, Bartlett, NH 03812
Two residences on a shared lot offer flexible occupancy within a four-season recreation setting.
Property Size2,360 SF
Lot Size2.02 Acres
Price / SF$271.19
Days on Market118
Property Features for 35 Rolling Ridge Road
General Information
Standard status
Active
Size
2,360 SF
Lot size
2.02 Acres
Property subtype
Multi Family
Zoning
1F Res
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,216
Amenities
Mini Split
No
2
4
Metal
Blue
Metal, Combination Exterior, Vinyl Siding
Building Details
Year Built
2021
Buildings
2
Listing Agency:
BHHS Verani Seacoast
(603) 431-8977
Listed By:
Kate Copplestone
(603) 431-8977
Source:
Compass
Added: May 5
Changed: Aug 30
Last Checked: Aug 30 at 12:46AM
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 BHHS Verani Seacoast
Investment Insights
Based on property information with market context.
This duplex property includes two detached residences on a shared 2.02-acre lot at 35 Rolling Ridge Road in Bartlett. Each home has 3 bedrooms and 2 bathrooms with just under 1,500 square feet of living space. One residence is constructed from shipping containers and features a modern architectural character, while the other provides a conventional residential layout. Both homes include mini-split systems, metal exterior elements, and a 2021 construction date. The property is zoned 1F Res.
Bear Peak at Attitash Mountain Resort is approximately 2 minutes away, with Wildcat Mountain, Cranmore Mountain Resort, and Black Mountain also identified nearby. The setting provides access to the White Mountain National Forest, local trails, rivers, and lakes. North Conway Village, Story Land, and the Conway Scenic Railroad are within the surrounding recreation and visitor area.
Bear Peak at Attitash Mountain Resort is approximately 2 minutes away, with Wildcat Mountain, Cranmore Mountain Resort, and Black Mountain also identified nearby. The setting provides access to the White Mountain National Forest, local trails, rivers, and lakes. North Conway Village, Story Land, and the Conway Scenic Railroad are within the surrounding recreation and visitor area.
Key Highlights
- Two detached homes share a 2.02‑acre lot
- Each residence has 3 bedrooms, 2 bathrooms, and just under 1,500 square feet of living space
- One residence is a shipping container house with modern architectural character
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
$27,451
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
4.29%
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%
$549,020
$549.0K
Cap Rate 7%
$392,157
$392.2K
Cap Rate 9%
$305,011
$305.0K
Market Conditions
NOI Build-Up for 2,360 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
$41.1K $17.40/SF
− Vacancy
−$1.8K −$0.78/SF
EGI
$39.2K $16.62/SF
− OpEx
−$11.8K −$4.99/SF
NOI
$27.5K $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 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%
$549,020
Cap Rate 7%
$392,157
Cap Rate 9%
$305,011
Alternative Uses
Best Use
Multifamily LT 5
$392.2K
$343.1K – $457.5K
NOI $27,451 @ 7.0% cap · market cap 4.29%
Second Best
Apartment 5plus
$347.0K
$303.6K – $404.8K
NOI $24,287 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$589.3K
$515.6K – $687.5K
NOI $41,250 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 03812, NH
936
Population
1,563
Households
0.6
Avg Household Size
53
Median Age
48%
College-Educated
100%
High-School Grad
58.6 sq mi
ZIP Area
16
Density / Sq Mi
$37,750
Median Earnings
$345,800
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?
Duplex - Two residences on a shared lot offer flexible occupancy within a four-season recreation setting.
Where is this duplex located?
The property is located at 35 Rolling Ridge Road Bartlett, NH.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: Two detached homes share a 2.02‑acre lot; Each residence has 3 bedrooms, 2 bathrooms, and just under 1,500 square feet of living space; One residence is a shipping container house with modern architectural character
