Building Details

Year Built 1880

Year Renovated 2023

Listing Agency: LAER Realty Partners - Belmont

Listed By: Diana Paquette Show Phone

Source: Laerrealty

Added: May 29 Changed: Oct 10 Last Checked: Oct 23 at 4:10AM

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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 LAER Realty Partners - Belmont

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Investment Insights

Based on property information with market context.

For sale is a turnkey short-term rental home featuring an original New England Antique built in 1880 and completely renovated during 2022–2023. The property offers five bedrooms and six bathrooms configured as five suites, designed to accommodate larger groups comfortably. Interior details include wide-plank hardwood floors and exposed beams, along with an oversized porch.

Located in the heart of Rumney Village, the home is positioned for year-round outdoor demand, with nearby access to sport climbing at Rumney Rocks and skiing at Loon Mountain and Waterville Valley. Additional recreation options referenced include snowmobile trail access and hiking along an Appalachian Trail corridor, with Stinson Lake also noted “just up the road.”

Key Highlights

• New England antique built in 1880 and completely renovated in 2022–2023
• 5‑bedroom, 6‑bathroom STR property with 5 suites for accommodating larger groups
• 3,201 SF home on 0.76 acres in the heart of Rumney Village

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$29,102

Cap Rate

4.48%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$582,040 $582.0K

Cap Rate 7%

$415,743 $415.7K

Cap Rate 9%

$323,356 $323.4K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,201 SF

Gross rent

$55.7K $17.40/SF

− Vacancy

−$2.8K −$0.87/SF

EGI

$52.9K $16.53/SF

− OpEx

−$23.8K −$7.44/SF

NOI

$29.1K $9.09/SF

Area

Grafton County, NH

Vacancy

5.00%

Lease Rate

$17.40 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$582,040

Cap Rate 7%

$415,743

Cap Rate 9%

$323,356

Alternative Uses

Best Use

Apartment 5plus

$415.7K

$363.8K – $485.0K (±1% cap)

NOI $29,102 @ 7.0% cap · market cap 4.48%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$704.1K

$616.1K – $821.5K (±1% cap)

NOI $49,289 @ 7.0% cap · market cap 7.59%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

29

Businesses Nearby

Explore this area Business Placement

Demographics for 03266, NH

2,098

Population

1,262

Households

1.7

Avg Household Size

52

Median Age

37%

College-Educated

93%

High-School Grad

110.4 sq mi

ZIP Area

19

Density / Sq Mi

$66,964

Median Household Income

$36,804

Median Earnings

$972

Median Rent

$264,000

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Frequently Asked Questions

What type of property is this?

Short term rental property - Turn-of-the-century home renovated 2022–2023 featuring five suites, six bathrooms, and an oversized porch.

Where is this short term rental property located?

The property is located at 459 Main Street Rumney, NH.

What is the asking price?

The asking price for this property is $649,000.

What are key features of this property?

This property features: New England antique built in 1880 and completely renovated in 2022–2023; 5‑bedroom, 6‑bathroom STR property with 5 suites for accommodating larger groups; 3,201 SF home on 0.76 acres in the heart of Rumney Village