Duplex with Private
4 Desforge Lane, Derry, NH 03038
For Sale
New
$699,900
Multi-Family, Derry, NH
Property Size2,208 SF
Lot Size1.79 Acres
Price / SF$316.98
Days on Market3
Property Features for 4 Desforge Lane
General Information
Property type
Property subtype
Zoning
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Exterior features
Fencing
Appliances
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Sewer type
Heating system
Water source
Amenities
private deck
partially finished walkout basement
in-unit laundry
dedicated parking
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
KW Coastal and Lakes & Mountains Realty · Keller Williams Realty
Listed By:
Rose Parisi
(603) 610-8500
Added: Nov 11
Changed: Nov 12
Last Checked: Nov 13 at 11:06PM
MLS# 5117537
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.
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Investment Insights
Based on property information with market context.
Built in 1987, this 2,208-square-foot duplex contains two residences, each arranged with 2 bedrooms and 2 bathrooms. Each unit has its own deck, in-unit laundry, and a partially finished walkout basement. Separate utilities serve the units, and the property includes driveway and off-street parking.
The 1.79-acre parcel is zoned LMDR and features a backyard, natural shade, and partial fencing. The property is served by a well and shared septic system.
The 1.79-acre parcel is zoned LMDR and features a backyard, natural shade, and partial fencing. The property is served by a well and shared septic system.
Key Highlights
- Two units, each with 2 bedrooms and 2 bathrooms
- 2,208‑square‑foot building on 1.79 acres
- Separate utilities for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,196
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$743,920
$743.9K
Cap Rate 7%
$531,371
$531.4K
Cap Rate 9%
$413,289
$413.3K
Market Conditions
NOI Build-Up for 2,208 SF
Gross rent
$55.6K $25.20/SF
− Vacancy
−$2.5K −$1.13/SF
EGI
$53.1K $24.07/SF
− OpEx
−$15.9K −$7.22/SF
NOI
$37.2K $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%
$743,920
Cap Rate 7%
$531,371
Cap Rate 9%
$413,289
Alternative Uses
Best Use
Multifamily LT 5
$531.4K
$465.0K – $619.9K
NOI $37,196 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$478.7K
$418.8K – $558.4K
NOI $33,506 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$735.1K
$643.2K – $857.6K
NOI $51,457 @ 7.0% cap · market cap 7.35%
Zoning and permitted uses should be independently verified with authorities.
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See the owner, sales and loan history
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Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
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Business Placement
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
$381,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Rockingham County, NH
Properties on Market for Duplexes in Rockingham County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include in-unit laundry and partially finished walkout basements.
Where is this duplex located?
The property is located at 4 Desforge Lane Derry, NH.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 2 bathrooms; 2,208‑square‑foot building on 1.79 acres; Separate utilities for each residence
