Multigenerational Cape with
4 South Grater Road Merrimack, NH 03054
For Sale
$1,600,000
Large contemporary Cape with dual living options and a full one-bedroom ADU, plus deck, patios, and multiple garages.
Property Size4,987 SF
Lot Size3.00 Acres
Price / SF$320.83
Days on Market76
Property Features for 4 South Grater Road
General Information
- Standard status
- Active
- Size
- 4,987 SF
- Lot size
- 3.00 Acres
- Property subtype
- Multi-family
Building Details
- Year Built
- 2016
Listing Agency:
Keller Williams Realty-Metropolitan
Listed By:
Frank DiDonato
(617) 510-4783
Source:
Lakesregionrealestate
Added: May 12
Changed: Jul 10
Last Checked: Jul 21 at 6:34AM
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 Keller Williams Realty-Metropolitan
Investment Insights
Based on property information with market context.
This multigenerational contemporary Cape offers an open-concept main level with a custom kitchen, living, and dining space featuring 9-foot ceilings, hardwood floors, and a gas stone fireplace. The kitchen includes a large island with seating for six, a veggie sink, granite countertops, stainless-steel appliances, and a gas stove with range hood. A first-floor layout also includes an optional primary bedroom with en suite bath, walk-in closet, double vanity, and a tiled shower, along with a sunroom, mudroom area, large pantry, and a half bath. Upstairs you’ll find hardwood floors throughout, a primary suite with a tiled steam shower, double vanity, soaking tub, and a fireplace above, plus a massive family room, an office nook, an additional bedroom, and a 3/4 bath in the turret. The lower level adds flex space for a home gym or additional bedroom, and a full one-bedroom ADU with its own kitchen and living area, granite countertops, gas cooktop and double ovens, an en suite bedroom bath with double vanity, walk-in shower, large closet, and in-unit laundry.
Set on a knoll surrounded by woods on approximately 3 acres, the property emphasizes privacy, with outdoor features including a massive Trex deck with a gas line for a grill and a patio below, and landscaped yard space. An attached two-car garage includes an EV charging station, along with an additional three-story, two-car detached garage for extra vehicles, toys, and storage.
The combination of the main home’s flexible interior layout and a full one-bedroom ADU can fit buyers seeking multigenerational living while also providing an option for rental or guest use. Additional improvements include a whole-house on-demand generator and a security system, supporting comfort and peace of mind for day-to-day use.
Set on a knoll surrounded by woods on approximately 3 acres, the property emphasizes privacy, with outdoor features including a massive Trex deck with a gas line for a grill and a patio below, and landscaped yard space. An attached two-car garage includes an EV charging station, along with an additional three-story, two-car detached garage for extra vehicles, toys, and storage.
The combination of the main home’s flexible interior layout and a full one-bedroom ADU can fit buyers seeking multigenerational living while also providing an option for rental or guest use. Additional improvements include a whole-house on-demand generator and a security system, supporting comfort and peace of mind for day-to-day use.
Key Highlights
- 2016‑built multi‑generational contemporary Cape with approx. 5,000 sq ft on 3 acres surrounded by woods
- Main level features open concept kitchen/living/dining with 9' ceilings, hardwood floors, and a gas stone fireplace
- Custom kitchen includes large island seating for 6, granite counters, gas stove with range hood, veggie sink, and stainless appliances
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $110.7k | $22.20 |
| − Vacancy | −$6.1k | −$1.22 |
| EGI | $104.6k | $20.98 |
| − OpEx | −$31.4k | −$6.29 |
| NOI | $73.2k | $14.69 |
4,987 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.05M
$915.5K – $1.22M
NOI $73,236 @ 7.0% cap · market cap 4.58%
Second Best
Apartment 5plus
$969.3K
$848.2K – $1.13M
NOI $67,853 @ 7.0% cap · market cap 4.24%
Theoretical Best
Specialty Retail
$9.14M
$7.99M – $10.66M
NOI $639,583 @ 7.0% cap · market cap 39.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Large contemporary Cape with dual living options and a full one-bedroom ADU, plus deck, patios, and multiple garages.
Where is this duplex located?
The property is located at 4 South Grater Road Merrimack, NH.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 2016‑built multi‑generational contemporary Cape with approx. 5,000 sq ft on 3 acres surrounded by woods; Main level features open concept kitchen/living/dining with 9' ceilings, hardwood floors, and a gas stone fireplace; Custom kitchen includes large island seating for 6, granite counters, gas stove with range hood, veggie sink, and stainless appliances
