Townhouse-Style
For Sale
$525,000
8-1-770 Laconia Rd, Belmont, NH 03220
Two-unit residential property with a townhouse-style configuration and shared well and infrastructure easement.
Property Size2,240 SF
Price / SF$234.38
Days on Market110
Property Features for 8-1-770 Laconia Rd
General Information
Standard status
Active
Size
2,240 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,998
Building Details
Construction
Townhouse
Listing Agency:
DSC Realty
(603) 715-2663
Listed By:
Dina Condodemetraky
(603) 715-2663
Source:
Exprealty
Added: May 14
Changed: Aug 30
Last Checked: Aug 30 at 8:53PM
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.
Located at 770 Laconia Road, this townhouse-style duplex dwelling contains 2,240 square feet. The property is identified as Tract I and is offered for sale with the abutting parcel at 762 Laconia Road, identified as Tract II.
Both tracts share a deed, although they may be sold separately. A reciprocal well and infrastructure easement is recorded in the deed. The offering also notes broker interest.
Both tracts share a deed, although they may be sold separately. A reciprocal well and infrastructure easement is recorded in the deed. The offering also notes broker interest.
Key Highlights
- Townhouse‑style duplex dwelling at 770 Laconia Road
- 2,240 square feet of residential property
- Offered with abutting parcel at 762 Laconia Road
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
$32,683
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
6.23%
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%
$653,660
$653.7K
Cap Rate 7%
$466,900
$466.9K
Cap Rate 9%
$363,144
$363.1K
Market Conditions
NOI Build-Up for 2,240 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
$48.4K $21.60/SF
− Vacancy
−$1.7K −$0.76/SF
EGI
$46.7K $20.84/SF
− OpEx
−$14.0K −$6.25/SF
NOI
$32.7K $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%
$653,660
Cap Rate 7%
$466,900
Cap Rate 9%
$363,144
Alternative Uses
Best Use
Multifamily LT 5
$466.9K
$408.5K – $544.7K
NOI $32,683 @ 7.0% cap · market cap 6.23%
Second Best
Apartment 5plus
$429.3K
$375.7K – $500.9K
NOI $30,053 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$532.7K
$466.1K – $621.5K
NOI $37,288 @ 7.0% cap · market cap 7.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
90
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 - Two-unit residential property with a townhouse-style configuration and shared well and infrastructure easement.
Where is this duplex located?
The property is located at 8-1-770 Laconia Rd 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 dwelling at 770 Laconia Road; 2,240 square feet of residential property; Offered with abutting parcel at 762 Laconia Road
