Two-Unit Residential Income
85 Odell Rd Sandown, NH 03873
85 Odell Rd, Sandown, NH, 03873
$780,000
Pending
For Sale
$780,000
Pending
Residential income duplex with a main home and attached ADU, each with independent living space on a 2-acre lot.
Property Size4,000 SF
Lot Size2.00 Acres
Days on Market32
Property Features for 85 Odell Rd
General Information
- Standard status
- Pending
- Size
- 4,000 SF
- Lot size
- 2.00 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 2005
Listing agency
(603) 831-8452
Listed by
Kevin Kokx
(603) 831-8452
Source
Elliman
Added: Jun 20 Updated: Jul 21 at 5:06AM Checked: Jul 21 at 5:06AM
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 Kevin Kokx
Investment Insights
Based on property information with market context.
85 Odell Road is a residential income duplex setup featuring a main home and an attached accessory dwelling unit (ADU) on a 2-acre lot. The main home offers a bright, open-concept layout with hardwood floors, a living room with soaring ceilings and oversized windows, and a dedicated office space. Upstairs includes a primary suite with a full bath and walk-in closet, plus three additional bedrooms.
The attached ADU has its own private entrance and includes a full kitchen, living room, bedroom, and bathroom for independent use. Additional features include a 2-car garage, and the property is described as offering a peaceful setting with convenient access to local amenities.
This configuration supports flexible occupancy options, whether for multi-generational living or supplemental rental income, with both the main residence and ADU designed as functional, self-contained spaces.
The attached ADU has its own private entrance and includes a full kitchen, living room, bedroom, and bathroom for independent use. Additional features include a 2-car garage, and the property is described as offering a peaceful setting with convenient access to local amenities.
This configuration supports flexible occupancy options, whether for multi-generational living or supplemental rental income, with both the main residence and ADU designed as functional, self-contained spaces.
Key Highlights
- 2005‑built main home plus attached ADU on a 2‑acre lot
- Over 4,000 SF total living space with a 4‑bedroom, 2.5‑bath main home
- Main home features an open‑concept layout with hardwood floors, soaring ceilings, and oversized windows
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $100.8k | $25.20 |
| − Vacancy | −$4.5k | −$1.13 |
| EGI | $96.3k | $24.07 |
| − OpEx | −$28.9k | −$7.22 |
| NOI | $67.4k | $16.85 |
4,000 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$962.6K
$842.3K – $1.12M
NOI $67,385 @ 7.0% cap · market cap 8.64%
Second Best
Apartment 5plus
$867.1K
$758.7K – $1.01M
NOI $60,699 @ 7.0% cap · market cap 7.78%
Theoretical Best
Office A
$1.33M
$1.17M – $1.55M
NOI $93,220 @ 7.0% cap · market cap 11.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Residential income duplex with a main home and attached ADU, each with independent living space on a 2-acre lot.
Where is this duplex located?
The property is located at 85 Odell Rd Sandown, NH.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: 2005‑built main home plus attached ADU on a 2‑acre lot; Over 4,000 SF total living space with a 4‑bedroom, 2.5‑bath main home; Main home features an open‑concept layout with hardwood floors, soaring ceilings, and oversized windows
