Intervale Multi-Family Investment
66 Intervale Cross RD #A & B Conway, NH 03818
66 Intervale Cross RD #A & B, Conway, NH, 03818
$599,900
Pending
For Sale
$599,900
Pending
Charming multi-family property with income potential near North Conway.
Property Size2,571 SF
Days on Market70
Property Features for 66 Intervale Cross RD #A & B
General Information
- Standard status
- Pending
- Size
- 2,571 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1900
Listing Agency
Badger Peabody & Smith Realty
Listed by
Grace T Mark
Source
Hometown-team
Added: May 10 Checked: Jul 17 at 2:49 pm
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 Badger Peabody & Smith Realty
Investment Insights
Based on property information with market context.
This multi-family property, located in Intervale, in the heart of Mount Washington Valley, was built in 1900 and has been updated over the years. It features two distinct homes. The property includes a 1-bedroom, 1-bathroom carriage house, which was once the historic Intervale Post Office, featuring wood details and modern accents. The property also includes a larger 3-bedroom, 1.5-bathroom New England farmhouse, formerly the Postmaster's residence, which has operated as a short-term rental for the past five years. The property is connected to town water and sewer and includes a large barn offering storage or future renovation possibilities. The property is located minutes from North Conway Village, Cranmore Mountain, shopping, dining, and recreation, with Whitaker Woods trails and the Scenic Vista nearby. The property size is 2571 square feet.
Key Highlights
- Successful short‑term rental history with strong income (farmhouse).
- Prime location: Minutes from North Conway, Cranmore Mountain, shopping, dining, and recreation.
- Two distinct homes: A 3‑bedroom farmhouse and a 1‑bedroom carriage house (former Post Office).
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.9k | $19.80 |
| − Vacancy | −$2.8k | −$1.09 |
| EGI | $48.1k | $18.71 |
| − OpEx | −$21.6k | −$8.42 |
| NOI | $26.5k | $10.29 |
2,571 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$378.0K
$330.7K – $441.0K
NOI $26,458 @ 7.0% cap · market cap 4.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$642.0K
$561.7K – $749.0K
NOI $44,938 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Short term rental ...
Similar For Sale Nearby
FAQs
What type of property is this?
Short term rental property - Charming multi-family property with income potential near North Conway.
Where is this short term rental property located?
The property is located at 66 Intervale Cross RD #A & B Conway, NH.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Successful short‑term rental history with strong income (farmhouse).; Prime location: Minutes from North Conway, Cranmore Mountain, shopping, dining, and recreation.; Two distinct homes: A 3‑bedroom farmhouse and a 1‑bedroom carriage house (former Post Office).
