Colonial Duplex with
New
For Sale
$559,000
65 Summer Street, Bristol, NH 03222
MULTI_FAMILY - Colonial - Bristol, NH
Property Size2,648 SF
Lot Size0.50 Acres
Price / SF$211.10
Days on Market2
Property Features for 65 Summer Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Village Residential
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 5, Bedroom 2, Basement, Bedroom 3, Bedroom 4
Parking features
Off Street, Driveway, Garage
Exterior features
Storage, Window Screens, Double Pane Window(s)
Appliances
Electric Water Heater
Lot features
Major Road Frontage, Sidewalks, In Town, Neighborhood
Elementary school district
Newfound Sch Dst SAU 4
Middle school district
Newfound Sch Dst SAU 4
High school district
Newfound Sch Dst SAU 4
Directions
From I-93: Take exit 23. Head west on NH-104. Drive for 4.6 miles. Property is on the right; see sign.
Standard status
Active
Size
2,648 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6061
Utilities
Utilities
Propane
Heating system
Hot Water(Heating)
Water source
Public
Building Details
Year built
1850
Floors in Building
2
Number of units
2
Flooring type
Tile - Ceramic, Carpet
Building materials
Vinyl Siding
Roof type
Shingle
Architectural style
Colonial
Additional Structures
Storage
Listing Agency:
Old Mill Properties REALTORS
(603) 744-8526
Listed By:
Kim Bruneau
(603) 744-8526
Added: Aug 10
Last Checked: Aug 11 at 8:06PM
MLS# 5104244
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.
Investment Insights
Based on property information with market context.
Built in 1850, this Colonial duplex contains 2,648 square feet on a 0.5-acre parcel. The property includes two residential units, with the larger unit currently owner-occupied. A substantial barn and garage provide additional room for vehicles, storage, hobbies, or workshop use, while driveway and off-street parking support daily convenience. Interior features include ceramic tile and carpet flooring, hot water heating, an electric water heater, and double-pane windows. The building has vinyl siding and a shingle roof.
Located in Bristol, the property is close to local shops, restaurants, services, and community amenities. Public water serves the property, propane is listed among the utilities, and the zoning is Village Residential.
Located in Bristol, the property is close to local shops, restaurants, services, and community amenities. Public water serves the property, propane is listed among the utilities, and the zoning is Village Residential.
Key Highlights
- Two‑family Colonial duplex with 2,648 SF of property size
- 0.5‑acre parcel in Bristol, NH
- Large barn and garage for vehicles, storage, hobbies, or workshop use
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
$26,275
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
4.70%
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%
$525,500
$525.5K
Cap Rate 7%
$375,357
$375.4K
Cap Rate 9%
$291,944
$291.9K
Market Conditions
NOI Build-Up for 2,648 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
$39.7K $15.00/SF
− Vacancy
−$2.2K −$0.83/SF
EGI
$37.5K $14.17/SF
− OpEx
−$11.3K −$4.25/SF
NOI
$26.3K $9.92/SF
Area
Grafton County, NH
Vacancy
5.50%
Lease Rate
$15.00 /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%
$525,500
Cap Rate 7%
$375,357
Cap Rate 9%
$291,944
Alternative Uses
Best Use
Multifamily LT 5
$375.4K
$328.4K – $437.9K
NOI $26,275 @ 7.0% cap · market cap 4.70%
Second Best
Apartment 5plus
$343.9K
$300.9K – $401.2K
NOI $24,074 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$582.5K
$509.7K – $679.6K
NOI $40,774 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
195
Businesses Nearby
Explore this area
Business Placement
Demographics for 03222, NH
5,743
Population
4,071
Households
1.4
Avg Household Size
50
Median Age
28%
College-Educated
90%
High-School Grad
71.3 sq mi
ZIP Area
81
Density / Sq Mi
$78,535
Median Household Income
$43,453
Median Earnings
$1,246
Median Rent
$256,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - In-town two-unit property with a garage, driveway, and off-street parking.
Where is this duplex located?
The property is located at 65 Summer Street Bristol, NH.
What is the asking price?
The asking price for this property is $559,000.
What are key features of this property?
This property features: Two‑family Colonial duplex with 2,648 SF of property size; 0.5‑acre parcel in Bristol, NH; Large barn and garage for vehicles, storage, hobbies, or workshop use
