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    60 Mason Street, Berlin, NH 03570

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    For Sale
    $269,000

    MULTI_FAMILY - Other - Berlin, NH

    Property size:
    2,328 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $115/SF
    Added:
    Jun 13, 2025
    Days on Market:
    358
    Last Refresh:
    Jun 5 at 9:06 am

    Property Features for 60 Mason Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    BG
    Rooms
    Basement
    Standard status
    Active
    Size
    2,328 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    6348

    Utilities

    Heating system
    Oil, Hot Water(Heating), Baseboard
    Water source
    Public

    Building Details

    Year built
    1890
    Floors in Building
    3
    Number of units
    2
    Building materials
    Wood Frame
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Jerry Hamanne

    Listing agent Jerry Hamanne

    Listing office A House To Home Realty 180 Main Street, Berlin, NH

    Listing date Jun 13, 2025

    MLS# 5046477 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

    • Single‑family home built in 1890 with wood‑frame construction and shingle roof
    • Oil hot water heat with baseboard heating; public water source
    • Living room with laminate floors and large windows that bring in natural light
    • Open‑concept kitchen and dining with modern appliances, granite countertops, and ample cabinet storage
    • Primary suite features two closets and an en‑suite full bath with surround shower and whirlpool bath
    • Backyard with well‑manicured outdoor space and a pavers patio, accessed via sliding glass doors with views of the Presidential Mountains

    Overview

    This well-maintained single-family residence features a welcoming front porch, vinyl siding, and brick paver walkways. Inside, the living room is filled with natural light through large windows and has laminate flooring that continues into an open-concept kitchen and dining area. The kitchen is described as having modern appliances, granite countertops, and ample cabinet storage. Bedroom layout includes multiple bedrooms, with the primary suite offering two closets and an en-suite full bathroom. The en-suite is described with an impressive surround shower and a whirlpool bath. For outdoor living, the home includes sliding glass balcony doors leading to a well-manicured backyard and a paver patio area suitable for dining and relaxation.

    Located at 60 Mason Street in Berlin, New Hampshire (03570), the property sits on a lot of 0.11 acres. The listing notes zoning of BG.

    For buyers seeking a comfortable, turn-key home with indoor entertaining flow and dedicated outdoor space, the combination of an open living/kitchen/dining plan, a primary suite with private bath, and a backyard paver patio can support both everyday living and hosting. The multiple bedroom configuration also provides flexibility for use as a primary residence or as a residential income strategy, consistent with the property’s classification as a residential income property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lynda M Roberts ... Accounting Firm

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Accounting Firm Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Berlin
    County
    Coos
    State
    New Hampshire
    Longitude
    -71.1810149
    Latitude
    44.471268

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    FAQs

    What type of property is this?
    Single family property - Well-maintained home with multiple bedrooms, an en-suite primary bath, and a paver patio for outdoor use.
    Where is this single family property located?
    The property is located at 60 Mason Street Berlin, NH.
    What is the asking price?
    The asking price for this property is $269,000.
    What are key features of this property?
    This property features: Single‑family home built in 1890 with wood‑frame construction and shingle roof; Oil hot water heat with baseboard heating; public water source; Living room with laminate floors and large windows that bring in natural light
    (603) 752-7202
    We can help!
    Listing Contact
    Jerry Hamanne
    Request Owner's contact information
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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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