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    Multi-Generational Cape with ADU Title is generated by Realmo AI

    4 S Grater Road, Merrimack, NH 03054

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    For Sale
    $1,800,000

    MULTI_FAMILY - Contemporary - Merrimack, NH

    Property size:
    4,987 SF
    Lot size:
    2.97 Acres
    Price / SF:
    $360/SF
    Added:
    May 30, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 4 at 4:06 am

    Property Features for 4 S Grater Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RESIDE
    Bedrooms
    4
    Bathrooms
    5
    Rooms
    Bathroom 1, Bedroom 3, Bathroom 3, Bathroom 5, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 4, Basement, Bathroom 4
    Parking features
    Garage, Driveway, Open
    Patio and Porch features
    Deck, Porch
    Exterior features
    Deck, Garden Space, Outbuilding, Covered Porch, Enclosed Porch
    Fireplace
    1
    Appliances
    On Demand Water Heater
    Standard status
    Active
    Size
    4,987 SF
    Lot size
    2.97 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    18225

    Utilities

    Heating system
    Natural Gas, Ductless (Heating), Fireplace(s)
    Cooling system
    Ductless, Zoned, Central Air
    Water source
    Well

    Building Details

    Year built
    2016
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Vinyl, Hardwood, Tile
    Building materials
    Wood Frame
    Roof type
    Shingle
    Architectural style
    Contemporary
    Additional Structures
    Outbuilding

    We can help!

    Listing Contact
    Frank DiDonato

    Listing agent Frank DiDonato

    Listing office Keller Williams Realty-Metropolitan 168 South River Rd., Bedford, NH

    Listing date May 30, 2026

    MLS# 5091835 Listing URL

    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.

    HighLights

    • 2016‑built contemporary home with ~5,000 SF, set on 3 acres with woods surrounding the property
    • Multi‑generational layout plus a 1‑bedroom ADU apartment with en‑suite and in‑unit laundry
    • Multiple fireplaces, including a gas stone fireplace and a living room gas fireplace
    • Primary suite retreat with tiled steam shower and soaking tub (fireplace above)
    • Outdoor living with a massive Trex deck, including a gas line for a grill, plus a patio below
    • Parking/storage includes an attached 2‑car garage with EV charging and a 3‑story detached 2‑car garage; whole‑house on‑demand generator and security system

    Overview

    This contemporary Cape offers a multi-generational layout with generous interior living areas and multiple levels designed for flexible use. The main level features an open concept kitchen, living, and dining area with 9-foot ceilings, hardwood floors, and a gas stone fireplace. A custom kitchen includes a large island with seating, granite countertops, stainless-steel appliances, and a gas stove with range hood. The first floor also includes an optional primary bedroom with an en suite, walk-in closet, double vanity, and tiled shower, along with a sunroom, mudroom area, large pantry, and a half bath.

    Two stairways lead to the upper level, where you’ll find additional hardwood flooring and a primary suite retreat with a tiled steam shower, double vanity, and a soaking tub with a fireplace above. There is also a massive family room, an additional bedroom, and an office nook, plus a princess 3/4 bath in the turret. The lower level includes a flex space suitable for a gym or another bedroom, and a full 1-bedroom ADU apartment with its own en suite, double vanity, walk-in shower, large closet, and laundry.

    Outside, the property includes a massive Trex deck with a gas line for a grill and a patio below, set on a landscaped yard. There is an attached 2-car garage with an EV charging station, as well as a separate 2-car detached garage. The home is described as having a whole-house on-demand generator and a security system, and appointments are required for showings.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Merrimack
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.5548368
    Latitude
    42.8556108

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    FAQs

    What type of property is this?
    Single family property - Contemporary Cape-style home with a full 1-bedroom ADU and multiple flexible living spaces for multi-generational use.
    Where is this single family property located?
    The property is located at 4 S Grater Road Merrimack, NH.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: 2016‑built contemporary home with ~5,000 SF, set on 3 acres with woods surrounding the property; Multi‑generational layout plus a 1‑bedroom ADU apartment with en‑suite and in‑unit laundry; Multiple fireplaces, including a gas stone fireplace and a living room gas fireplace
    (603) 232-8282
    We can help!
    Listing Contact
    Frank DiDonato
    Request Owner's contact information
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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