Colonial Residential Income
For Sale
$997,900
46 BACK RIVER Road, Dover, NH 03820
The Dover property combines central air with off-street parking and R-12 zoning.
Property Size5,378 SF
Price / SF$219.03
Days on Market18
Property Features for 46 BACK RIVER Road
General Information
Standard status
Active
Size
5,378 SF
Total Parking Spaces
2
Property subtype
Residential Income
Zoning
R-12
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$17,950
Amenities
Central Air
Radiant, Steam, Zoned, Propane, Oil, Electric
Partial
Paved, Detached, Off Street
Antique, Colonial
Building Details
Building Size
5,378 SF
Year Built
1790
Stories
3
Listing Agency:
Duston Leddy Real Estate
Listed By:
Jamieson Duston
(603) 365-5848
Source:
Evrealestate
Added: Oct 7
Changed: Oct 23
Last Checked: Oct 23 at 8:14AM
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 Duston Leddy Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential income property in Dover is a Colonial-style building dating to 1790, with 4,556 square feet of property size. Central air is listed, along with radiant, steam, zoned, propane, oil, and electric features. The exterior includes paved, detached, and off-street features.
The property sits at the corner of Back River Road and Red Barn Drive. Access from the Spaulding Turnpike is via Exit 7, with Route 108 South leading toward Back River Road.
The property sits at the corner of Back River Road and Red Barn Drive. Access from the Spaulding Turnpike is via Exit 7, with Route 108 South leading toward Back River Road.
Key Highlights
- 4,556 square feet of property size
- Built in 1790; Colonial style
- R‑12 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,655
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$853,100
$853.1K
Cap Rate 7%
$609,357
$609.4K
Cap Rate 9%
$473,944
$473.9K
Market Conditions
NOI Build-Up for 4,556 SF
Gross rent
$80.4K $17.64/SF
− Vacancy
−$2.8K −$0.62/SF
EGI
$77.6K $17.02/SF
− OpEx
−$34.9K −$7.66/SF
NOI
$42.7K $9.36/SF
Area
Strafford County, NH
Vacancy
3.50%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$853,100
Cap Rate 7%
$609,357
Cap Rate 9%
$473,944
Alternative Uses
Best Use
Apartment 5plus
$609.4K
$533.2K – $710.9K
NOI $42,655 @ 7.0% cap · market cap 4.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M
NOI $85,321 @ 7.0% cap · market cap 8.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
153
Businesses Nearby
Explore this area
Business Placement
Demographics for 03820, NH
32,800
Population
15,460
Households
2.1
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
27.3 sq mi
ZIP Area
1,201
Density / Sq Mi
$92,793
Median Household Income
$53,890
Median Earnings
$1,540
Median Rent
$397,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The Dover property combines central air with off-street parking and R-12 zoning.
Where is this residential income property located?
The property is located at 46 BACK RIVER Road Dover, NH.
What is the asking price?
The asking price for this property is $997,900.
What are key features of this property?
This property features: 4,556 square feet of property size; Built in 1790; Colonial style; R‑12 zoning
