Building Details

Building Size 2,571 SF

Year Built 1900

Stories 2

Listing Agency: Badger Peabody & Smith Realty

Listed By: Grace T Mark Show Phone

Source: Hometown-team

Added: May 10 Changed: Aug 8 Last Checked: Jul 17 at 2:49PM

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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).

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$26,458

Cap Rate

4.41%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$529,160 $529.2K

Cap Rate 7%

$377,971 $378.0K

Cap Rate 9%

$293,978 $294.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,571 SF

Gross rent

$50.9K $19.80/SF

− Vacancy

−$2.8K −$1.09/SF

EGI

$48.1K $18.71/SF

− OpEx

−$21.6K −$8.42/SF

NOI

$26.5K $10.29/SF

Area

Carroll County, NH

Vacancy

5.50%

Lease Rate

$19.80 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$529,160

Cap Rate 7%

$377,971

Cap Rate 9%

$293,978

Alternative Uses

Best Use

Apartment 5plus

$378.0K

$330.7K – $441.0K (±1% cap)

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 (±1% cap)

NOI $44,938 @ 7.0% cap · market cap 7.49%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Short term rental ...

Location Intelligence

Trade Area within ½ mile

1

Businesses Nearby

Explore this area Business Placement

Demographics for 03818, NH

3,478

Population

2,174

Households

1.6

Avg Household Size

49

Median Age

43%

College-Educated

95%

High-School Grad

84.5 sq mi

ZIP Area

41

Density / Sq Mi

$73,346

Median Household Income

$38,714

Median Earnings

$941

Median Rent

$284,200

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

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).