Two-Unit
7 & 9 Garfield Street, Exeter, NH 03833
For Sale
$1,399,000
Two residences provide distinct bedroom and bathroom configurations for varied living arrangements.
Property Size3,766 SF
Price / SF$371.48
Days on Market47
Property Features for 7 & 9 Garfield Street
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Building Details
Year Built
Listing Agency:
East Coast Group One Realty
(603) 817-1289
Listed By:
Pam LeClerc · License #Pam J LeClerc
(603) 494-2860
Source:
Longviewcre
Added: Sep 24
Changed: Nov 8
Last Checked: Nov 8 at 5:49PM
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 East Coast Group One Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 7 & 9 Garfield Street, this Exeter duplex contains two residences totaling 3,766 square feet. One offers three bedrooms and four bathrooms; the other has two bedrooms and one bathroom. The property was built in 1922, and the separate units provide distinct residential layouts.
The property is in Exeter, with access to downtown amenities, restaurants, shops, schools, commuter routes, and the surrounding Seacoast region.
The property is in Exeter, with access to downtown amenities, restaurants, shops, schools, commuter routes, and the surrounding Seacoast region.
Key Highlights
- Two residential units with 3,766 square feet combined
- One residence has 3 bedrooms and 4 bathrooms
- Second residence has 2 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,443
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,268,860
$1.3M
Cap Rate 7%
$906,329
$906.3K
Cap Rate 9%
$704,922
$704.9K
Market Conditions
NOI Build-Up for 3,766 SF
Gross rent
$94.9K $25.20/SF
− Vacancy
−$4.3K −$1.13/SF
EGI
$90.6K $24.07/SF
− OpEx
−$27.2K −$7.22/SF
NOI
$63.4K $16.85/SF
Area
Rockingham County, NH
Vacancy
4.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,268,860
Cap Rate 7%
$906,329
Cap Rate 9%
$704,922
Alternative Uses
Best Use
Multifamily LT 5
$906.3K
$793.0K – $1.06M
NOI $63,443 @ 7.0% cap · market cap 4.53%
Second Best
Apartment 5plus
$816.4K
$714.4K – $952.5K
NOI $57,148 @ 7.0% cap · market cap 4.08%
Theoretical Best
Office A
$1.25M
$1.10M – $1.46M
NOI $87,766 @ 7.0% cap · market cap 6.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
800
Businesses Nearby
Explore this area
Business Placement
Demographics for 03833, NH
22,662
Population
9,789
Households
2.3
Avg Household Size
47
Median Age
54%
College-Educated
98%
High-School Grad
48.5 sq mi
ZIP Area
467
Density / Sq Mi
$110,566
Median Household Income
$59,220
Median Earnings
$1,632
Median Rent
$456,000
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Rockingham County, NH
Properties on Market for Duplexes in Rockingham County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences provide distinct bedroom and bathroom configurations for varied living arrangements.
Where is this duplex located?
The property is located at 7 & 9 Garfield Street Exeter, NH.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Two residential units with 3,766 square feet combined; One residence has 3 bedrooms and 4 bathrooms; Second residence has 2 bedrooms and 1 bathroom
