Ranch Duplex with
New
For Sale
$725,000
89 Prescott Road, Brentwood, NH 03833
Multi-Family, Brentwood, NH
Property Size1,951 SF
Lot Size5.10 Acres
Price / SF$371.60
Days on Market3
Property Features for 89 Prescott Road
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
RES/AG
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Basement, Bedroom 2, Bedroom 3, Bathroom 3, Bedroom 4, Bathroom 1, Bedroom 1
Exterior features
Outbuilding, Above Ground Pool, Storage
Appliances
Oil Water Heater, Separate Water Heater
Lot features
Country Setting, Field/ Pasture, Landscaped, Level, Secluded, Wooded, Private
Directions
GPS is accurate.
Standard status
Active
Size
1,951 SF
Lot size
5.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9103
Utilities
Utilities
Cable Available
Heating system
Hot Water(Heating), Oil
Water source
Well
Amenities
above ground pool
Building Details
Year built
1964
Floors in Building
1
Number of units
2
Flooring type
Tile, Wood, Vinyl
Building materials
Wood Frame, Wood Siding
Roof type
Shingle
Architectural style
Ranch
Additional Structures
Storage, Outbuilding
Listing Agency:
Keller Williams Realty-Metropolitan
(603) 232-8282
Listed By:
Tess Crane-Stenslie
(603) 232-8282
Added: Aug 19
Last Checked: Aug 21 at 10:06AM
MLS# 5105694
Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This ranch-style duplex contains 1,951 square feet and was built in 1964. The first unit includes a dine-in kitchen, three bedrooms, an updated full bath, a living room with fireplace, and soundproofing between the residences. The second unit features high ceilings, exposed wood beams, an updated kitchen, and a separate foyer or mudroom. A large basement provides storage space, includes a wood stove, and may be finished or divided, subject to applicable requirements.
The property occupies 5.1 acres and includes a two-car garage, large driveway, above-ground pool, landscaping, perennial plantings, an outbuilding, and additional storage. It is served by a private well and has RES/AG zoning. A roughed-in second driveway is also present, with subdivision potential subject to town approval.
The property occupies 5.1 acres and includes a two-car garage, large driveway, above-ground pool, landscaping, perennial plantings, an outbuilding, and additional storage. It is served by a private well and has RES/AG zoning. A roughed-in second driveway is also present, with subdivision potential subject to town approval.
Key Highlights
- Duplex on 5.1 acres with RES/AG zoning
- 1,951 square feet; built in 1964
- Two residential units with updated kitchens
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
$32,867
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
4.53%
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%
$657,340
$657.3K
Cap Rate 7%
$469,529
$469.5K
Cap Rate 9%
$365,189
$365.2K
Market Conditions
NOI Build-Up for 1,951 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
$49.2K $25.20/SF
− Vacancy
−$2.2K −$1.13/SF
EGI
$47.0K $24.07/SF
− OpEx
−$14.1K −$7.22/SF
NOI
$32.9K $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 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%
$657,340
Cap Rate 7%
$469,529
Cap Rate 9%
$365,189
Alternative Uses
Best Use
Multifamily LT 5
$469.5K
$410.8K – $547.8K
NOI $32,867 @ 7.0% cap · market cap 4.53%
Second Best
Apartment 5plus
$422.9K
$370.1K – $493.4K
NOI $29,606 @ 7.0% cap · market cap 4.08%
Theoretical Best
Office A
$649.5K
$568.4K – $757.8K
NOI $45,468 @ 7.0% cap · market cap 6.27%
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
18
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
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 residential units offer updated kitchens, private living areas, and flexible basement storage on a wooded homesite.
Where is this duplex located?
The property is located at 89 Prescott Road Brentwood, NH.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Duplex on 5.1 acres with RES/AG zoning; 1,951 square feet; built in 1964; Two residential units with updated kitchens
