Townhouse-Style
For Sale
$525,000
762 Laconia Road #Lot 8-1-1, Belmont, NH 03220
Townhouse-style duplex offered for sale with a reciprocal well and infrastructure easement on the deed.
Property Size2,160 SF
Days on Market84
Property Features for 762 Laconia Road #Lot 8-1-1
General Information
Standard status
Active
Size
2,160 SF
Property subtype
Multi Family Home
Zoning
COM
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,063
Building Details
Building Size
2,160 SF
Year Built
1985
Stories
2
Units
2
Listing Agency:
Dsc Realty
(603) 715-2663
Listed By:
Dina Condodemetraky
(603) 715-2663
Source:
Ossipeelakere
Added: Jun 1
Changed: Aug 23
Last Checked: Aug 22 at 7:43AM
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 Dsc Realty
Investment Insights
Based on property information with market context.
762 Laconia Road is a townhouse-style duplex dwelling offered for sale. The property is being offered along with the abutting parcel at 770 Laconia Road, and Tracts I and II share a deed but can be sold separately. Pricing is structured so that the list price applies to 762 Laconia Road only.
The deed includes a reciprocal well and infrastructure easement, supporting shared services between the related tracts. The property is presented as an investment opportunity, with broker interest noted in the remarks.
Additional site mobility context includes bikeScore of 8 and walkScore of 30, indicating a car-dependent environment.
The deed includes a reciprocal well and infrastructure easement, supporting shared services between the related tracts. The property is presented as an investment opportunity, with broker interest noted in the remarks.
Additional site mobility context includes bikeScore of 8 and walkScore of 30, indicating a car-dependent environment.
Key Highlights
- Townhouse‑style duplex at 762 Laconia Road, built in 1985
- Offered for sale along with the abutting parcel at 770 Laconia Road
- Tracts I & II share a deed but can be sold separately
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,516
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$630,320
$630.3K
Cap Rate 7%
$450,229
$450.2K
Cap Rate 9%
$350,178
$350.2K
Market Conditions
NOI Build-Up for 2,160 SF
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.
Gross rent
$46.7K $21.60/SF
− Vacancy
−$1.6K −$0.76/SF
EGI
$45.0K $20.84/SF
− OpEx
−$13.5K −$6.25/SF
NOI
$31.5K $14.59/SF
Area
Belknap County, NH
Vacancy
3.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$630,320
Cap Rate 7%
$450,229
Cap Rate 9%
$350,178
Alternative Uses
Best Use
Multifamily LT 5
$450.2K
$394.0K – $525.3K
NOI $31,516 @ 7.0% cap · market cap 6.00%
Second Best
Apartment 5plus
$414.0K
$362.3K – $483.0K
NOI $28,980 @ 7.0% cap · market cap 5.52%
Theoretical Best
Office A
$513.7K
$449.5K – $599.3K
NOI $35,956 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
35
Businesses Nearby
Explore this area
Business Placement
Demographics for 03220, NH
7,368
Population
3,562
Households
2.1
Avg Household Size
45
Median Age
19%
College-Educated
90%
High-School Grad
30.3 sq mi
ZIP Area
243
Density / Sq Mi
$78,151
Median Household Income
$41,841
Median Earnings
$1,151
Median Rent
$265,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Townhouse-style duplex offered for sale with a reciprocal well and infrastructure easement on the deed.
Where is this duplex located?
The property is located at 762 Laconia Road #Lot 8-1-1 Belmont, NH.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Townhouse‑style duplex at 762 Laconia Road, built in 1985; Offered for sale along with the abutting parcel at 770 Laconia Road; Tracts I & II share a deed but can be sold separately
