Building Details

Year Built 1850

Listing Agency: EXP Realty Show Phone

Listed By: Jim Weidner · License #Jim Weidner Show Phone

Source: Anotchaboverealestate

Added: Jul 8 Changed: Oct 30 Last Checked: Oct 30 at 2:42PM

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Investment Insights

Based on property information with market context.

This duplex property includes an 1850-built main house with three bedrooms and a separate two-bedroom accessory apartment. A barn adds lower-level space for parking, storage, workshop use, or hobbies. The property also features gardens, established landscaping, and a gazebo.

The home is within walking distance of downtown Hancock and Norway Pond. Concord and Manchester are within reach, with Boston also accessible for travel and commuting.

Key Highlights

• Three‑bedroom main house and separate two‑bedroom accessory apartment
• Barn with a lower level suited to parking, storage, workshop space, or hobbies
• Built in 1850

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$32,396

Cap Rate

6.01%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$647,920 $647.9K

Cap Rate 7%

$462,800 $462.8K

Cap Rate 9%

$359,956 $360.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,206 SF

Gross rent

$49.0K $22.20/SF

− Vacancy

−$2.7K −$1.22/SF

EGI

$46.3K $20.98/SF

− OpEx

−$13.9K −$6.29/SF

NOI

$32.4K $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 Rate 5%

$647,920

Cap Rate 7%

$462,800

Cap Rate 9%

$359,956

Alternative Uses

Best Use

Multifamily LT 5

$462.8K

$405.0K – $539.9K (±1% cap)

NOI $32,396 @ 7.0% cap · market cap 6.01%

Second Best

Apartment 5plus

$428.8K

$375.2K – $500.3K (±1% cap)

NOI $30,015 @ 7.0% cap · market cap 5.57%

Theoretical Best

Specialty Retail

$4.04M

$3.54M – $4.72M (±1% cap)

NOI $282,920 @ 7.0% cap · market cap 52.49%

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

Property Analytics

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Open Analytics

Location Intelligence

Trade Area within ½ mile

63

Businesses Nearby

Explore this area Business Placement

Demographics for 03449, NH

1,763

Population

886

Households

2

Avg Household Size

55

Median Age

57%

College-Educated

97%

High-School Grad

35.0 sq mi

ZIP Area

50

Density / Sq Mi

$88,958

Median Household Income

$49,519

Median Earnings

$982

Median Rent

$423,100

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Frequently Asked Questions

What type of property is this?

Duplex - A three-bedroom main residence is paired with a separate two-bedroom apartment and a barn with lower-level space.

Where is this duplex located?

The property is located at 7 Bennington Road Hancock, NH.

What is the asking price?

The asking price for this property is $539,000.

What are key features of this property?

This property features: Three‑bedroom main house and separate two‑bedroom accessory apartment; Barn with a lower level suited to parking, storage, workshop space, or hobbies; Built in 1850