7 Berry Rd, Nottingham, NH 03290

Building Details

Year Built 1810 More

Buildings 2 More

Listing Agency: KW Coastal and Lakes & Mountains Realty

Listed By: Jaylan Archer · License #15905 Show Phone

Source: Carolslocum

Added: Sep 24 Changed: Oct 26 Last Checked: Oct 7 at 1:33PM

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This four-unit residential property spans two structures totaling 5,927 square feet. The unit mix includes a detached three-bedroom cottage, a duplex, and a seven-bedroom co-living-style residence. The property was built in 1810 and occupies a six-acre lot in Nottingham, New Hampshire.

The cottage offers a separate living arrangement within the broader property, alongside the duplex and co-living-style unit. Together, the buildings provide a varied residential configuration on a substantial parcel.

Key Highlights

• Four residential units across two structures
• 5,927 square feet of building area
• Six‑acre lot in Nottingham, New Hampshire

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$89,941

Cap Rate

9.08%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,798,820 $1.8M

Cap Rate 7%

$1,284,871 $1.3M

Cap Rate 9%

$999,344 $999.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 5,927 SF

Gross rent

$170.7K $28.80/SF

− Vacancy

−$7.2K −$1.21/SF

EGI

$163.5K $27.59/SF

− OpEx

−$73.6K −$12.42/SF

NOI

$89.9K $15.17/SF

Area

Rockingham County, NH

Vacancy

4.20%

Lease Rate

$28.80 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,798,820

Cap Rate 7%

$1,284,871

Cap Rate 9%

$999,344

Alternative Uses

Best Use

Multifamily LT 5

$1.43M

$1.25M – $1.66M (±1% cap)

NOI $99,847 @ 7.0% cap · market cap 10.09%

Second Best

Apartment 5plus

$1.28M

$1.12M – $1.50M (±1% cap)

NOI $89,941 @ 7.0% cap · market cap 9.08%

Theoretical Best

Office A

$1.97M

$1.73M – $2.30M (±1% cap)

NOI $138,128 @ 7.0% cap · market cap 13.95%

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

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Lease Details

4

Residential units

Location Intelligence

Trade Area within ½ mile

10

Businesses Nearby

Explore this area Business Placement

Demographics for 03290, NH

5,129

Population

2,206

Households

2.3

Avg Household Size

43

Median Age

42%

College-Educated

97%

High-School Grad

46.3 sq mi

ZIP Area

111

Density / Sq Mi

$108,459

Median Household Income

$58,247

Median Earnings

$2,022

Median Rent

$419,100

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?

Quadplex - A private three-bedroom cottage is part of a multi-building residential property.

Where is this quadplex located?

The property is located at 7 Berry Rd Nottingham, NH.

What is the asking price?

The asking price for this property is $990,000.

What are key features of this property?

This property features: Four residential units across two structures; 5,927 square feet of building area; Six‑acre lot in Nottingham, New Hampshire