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    Recreational Land with Trail Easement Title is generated by Realmo AI

    470 Tasker Hill Road, Madison, NH 03818

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    Claim this Listing
    For Sale
    $79,000

    LAND - Madison, NH

    Lot size:
    1.15 Acres
    Added:
    Jan 16, 2026
    Days on Market:
    139
    Last Refresh:
    Jun 4 at 8:06 pm

    Property Features for 470 Tasker Hill Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    01 - Rural
    Standard status
    Active
    Lot size
    1.15 Acres

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    Listing Contact
    Grace Mark

    Listing agent Grace Mark

    Listing office Badger Peabody & Smith Realty 2633 White Mountain Hwy, Franconia, NH

    Listing date Jan 16, 2026

    MLS# 5074179 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

    • Land parcel on Tasker Hill Road in the Mount Washington Valley area near Conway
    • Surrounded by walking, hiking, and winter recreation trail access, with additional nearby trailhead access
    • Perpetual 30‑foot recreational trail corridor associated with Corridor 19 trail easement
    • A portion of a recreational trail corridor is anticipated to be relocated to the northerly boundary
    • Final trail corridor alignment and permitted uses are subject to determination by the NH Department of Natural and Cultural Resources
    • Buyer to pay a $1,100 DOT administrative fee at closing (per RSA 4:40, III‑A)

    Overview

    This property is a recreational land parcel offered for sale with a total lot size of 1.15 acres. The land is subject to a perpetual 30-foot recreational trail corridor associated with the Corridor 19 trail easement. The existing conditions related to any trail impacts, access, and development will be important considerations for buyers, and the seller notes that buyers should conduct their own due diligence.

    The parcel is located on Tasker Hill Road in Madison, within the Mount Washington Valley area. Public remarks describe surrounding walking, hiking, and winter recreation trails used by both locals and visitors. The property is also described as having additional trailhead access available nearby, and a portion of a recreational trail corridor is anticipated to be relocated to the northerly boundary of the parcel.

    While the relocation is anticipated, the final alignment and permitted uses are stated to be subject to determination by the New Hampshire Department of Natural and Cultural Resources. There is also an administrative fee noted by the Department of Transportation that will be assessed at closing in the amount of $1,100 pursuant to RSA 4:40, III-A. Prospective buyers should review these trail corridor and regulatory items carefully when evaluating land use and future plans for the site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Madison
    County
    Carroll
    State
    New Hampshire
    Longitude
    -71.1192226
    Latitude
    43.9611629

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    FAQs

    What type of property is this?
    Recreation land - Rural-zoned parcel featuring a perpetual 30-foot recreational trail corridor subject to Corridor 19 trail easement terms.
    Where is this recreation land located?
    The property is located at 470 Tasker Hill Road Madison, NH.
    What is the asking price?
    The asking price for this property is $79,000.
    What are key features of this property?
    This property features: Land parcel on Tasker Hill Road in the Mount Washington Valley area near Conway; Surrounded by walking, hiking, and winter recreation trail access, with additional nearby trailhead access; Perpetual 30‑foot recreational trail corridor associated with Corridor 19 trail easement
    (603) 444-1294
    We can help!
    Listing Contact
    Grace Mark
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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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