Duplex with Separate
For Sale
$399,000
49 Jaffrey Road, Peterborough, NH 03458
Flexible two-unit layout with a three-bedroom main residence, independent studio apartment, and detached barn workspace.
Property Size2,448 SF
Price / SF$162.99
Days on Market237
Property Features for 49 Jaffrey Road
General Information
Standard status
Active
Size
2,448 SF
Property subtype
Multi Family
Zoning
GEN RE
Units
Unit Mix
1 x 3BR, 1 x studio
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,836
Amenities
outdoor hangout space and entertaining area
barn with upper-level storage and workshop space
pellet stove
Oil, Pellet Stove
Yes
Carpet, Laminate, Wood
1
2
Interior
Unfinished
Shingle
Wood Frame, Vinyl Siding
Building Details
Year Built
1850
Listing Agency:
Purple Finch Properties
(603) 305-5305
Listed By:
Paige Hultman
(603) 305-5305
Source:
Compass
Added: Jan 5
Changed: Aug 30
Last Checked: Aug 30 at 1:14AM
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 Purple Finch Properties
Investment Insights
Based on property information with market context.
This 1850 duplex property combines a three-bedroom main residence with a separate studio apartment. The studio has dedicated front and rear entrances, a kitchen, bathroom, electric service, and heat, allowing it to function independently from the primary living space. The main home includes a pellet stove and new front-facing windows, while the property’s living areas retain classic New England character. Total property size is 2448 square feet.
A detached barn adds upper-level storage and workshop space for hobbies, equipment, or creative work. An outdoor gathering area provides additional seasonal space. Zoned GEN RE, the property supports the current two-unit configuration and offers flexibility for a future single-family arrangement. The address is minutes from downtown Peterborough, including shops, dining, arts destinations, and trails.
A detached barn adds upper-level storage and workshop space for hobbies, equipment, or creative work. An outdoor gathering area provides additional seasonal space. Zoned GEN RE, the property supports the current two-unit configuration and offers flexibility for a future single-family arrangement. The address is minutes from downtown Peterborough, including shops, dining, arts destinations, and trails.
Key Highlights
- Three‑bedroom main residence paired with a separate studio apartment
- Studio includes front and rear entrances, kitchen, bathroom, electric service, and heat
- Total property size: 2448 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$35,950
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.01%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$719,000
$719.0K
Cap Rate 7%
$513,571
$513.6K
Cap Rate 9%
$399,444
$399.4K
Market Conditions
NOI Build-Up for 2,448 SF
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.
Gross rent
$54.3K $22.20/SF
− Vacancy
−$3.0K −$1.22/SF
EGI
$51.4K $20.98/SF
− OpEx
−$15.4K −$6.29/SF
NOI
$35.9K $14.69/SF
Area
Hillsborough County, NH
Vacancy
5.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$719,000
Cap Rate 7%
$513,571
Cap Rate 9%
$399,444
Alternative Uses
Best Use
Multifamily LT 5
$513.6K
$449.4K – $599.2K
NOI $35,950 @ 7.0% cap · market cap 9.01%
Second Best
Apartment 5plus
$475.8K
$416.3K – $555.1K
NOI $33,307 @ 7.0% cap · market cap 8.35%
Theoretical Best
Specialty Retail
$4.49M
$3.92M – $5.23M
NOI $313,956 @ 7.0% cap · market cap 78.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
63
Businesses Nearby
Explore this area
Business Placement
Demographics for 03458, NH
6,794
Population
3,610
Households
1.9
Avg Household Size
50
Median Age
58%
College-Educated
96%
High-School Grad
53.7 sq mi
ZIP Area
127
Density / Sq Mi
$100,189
Median Household Income
$58,259
Median Earnings
$1,304
Median Rent
$368,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Flexible two-unit layout with a three-bedroom main residence, independent studio apartment, and detached barn workspace.
Where is this duplex located?
The property is located at 49 Jaffrey Road Peterborough, NH.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Three‑bedroom main residence paired with a separate studio apartment; Studio includes front and rear entrances, kitchen, bathroom, electric service, and heat; Total property size: 2448 square feet
