Two-Unit Duplex with Outdoor
89-91 Old Dover Rd, Rochester, NH 03867
For Sale
$515,000
Pending
Single-level residences feature individual driveways and dedicated outdoor areas adjoining a fenced backyard.
Property Size1,488 SF
Lot Size0.27 Acres
Days on Market62
Property Features for 89-91 Old Dover Rd
General Information
Standard status
Size
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Road Access
Amenities
rear decks or patios
fenced-in yard
detached storage shed
Building Details
Year Built
Buildings
Listing Agency:
KW Coastal and Lakes & Mountains Realty/Rochester
Listed By:
The Zoeller Group
(603) 610-8560
Source:
Uppervalleyhomesnhvt
Added: Sep 14
Changed: Nov 13
Last Checked: Nov 10 at 11:34AM
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 KW Coastal and Lakes & Mountains Realty/Rochester
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Investment Insights
Based on property information with market context.
This 1962 duplex contains two single-level residences, each offering 744 square feet with two bedrooms and one bathroom. The units include separate living areas, functional kitchens with cabinetry, and bedrooms with natural light. Hardwood-style flooring appears in the living spaces, along with updated interior details.
Each residence has its own driveway and outdoor area, with rear decks or patios extending toward the backyard. The property encompasses 0.27 acres and includes a fenced yard, wooded rear setting, and detached storage shed. Located at 89-91 Old Dover Road in Rochester, New Hampshire, the duplex provides two distinct residential layouts within one property.
Each residence has its own driveway and outdoor area, with rear decks or patios extending toward the backyard. The property encompasses 0.27 acres and includes a fenced yard, wooded rear setting, and detached storage shed. Located at 89-91 Old Dover Road in Rochester, New Hampshire, the duplex provides two distinct residential layouts within one property.
Key Highlights
- Two 2‑bedroom, 1‑bath units, each with 744 square feet of living space
- 1,488‑square‑foot duplex built in 1962
- Each unit has its own driveway and outdoor area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,105
Cap Rate
2.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,100
$302.1K
Cap Rate 7%
$215,786
$215.8K
Cap Rate 9%
$167,833
$167.8K
Market Conditions
NOI Build-Up for 1,488 SF
Gross rent
$22.3K $15.00/SF
− Vacancy
−$741 −$0.50/SF
EGI
$21.6K $14.50/SF
− OpEx
−$6.5K −$4.35/SF
NOI
$15.1K $10.15/SF
Area
Strafford County, NH
Vacancy
3.32%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,100
Cap Rate 7%
$215,786
Cap Rate 9%
$167,833
Alternative Uses
Best Use
Multifamily LT 5
$215.8K
$188.8K – $251.8K
NOI $15,105 @ 7.0% cap · market cap 2.93%
Second Best
Apartment 5plus
$199.0K
$174.1K – $232.2K
NOI $13,931 @ 7.0% cap · market cap 2.71%
Theoretical Best
Office A
$398.1K
$348.3K – $464.4K
NOI $27,866 @ 7.0% cap · market cap 5.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
124
Businesses Nearby
Explore this area
Business Placement
Demographics for 03867, NH
22,369
Population
10,458
Households
2.1
Avg Household Size
44
Median Age
25%
College-Educated
93%
High-School Grad
28.4 sq mi
ZIP Area
788
Density / Sq Mi
$74,397
Median Household Income
$42,613
Median Earnings
$1,217
Median Rent
$259,200
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Strafford County, NH
Properties on Market for Duplexes in Strafford County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Single-level residences feature individual driveways and dedicated outdoor areas adjoining a fenced backyard.
Where is this duplex located?
The property is located at 89-91 Old Dover Rd Rochester, NH.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units, each with 744 square feet of living space; 1,488‑square‑foot duplex built in 1962; Each unit has its own driveway and outdoor area
