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Duplex with Acreage
For Sale
$625,000

89 Prescott Road, Brentwood, NH 03833

Multi-Family, Brentwood, NH

Property Size1,951 SF
Lot Size5.10 Acres
Price / SF$320.35
Days on Market38

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 Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1, Basement, Bathroom 3, Bedroom 2, Bedroom 4
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 Oil, Hot Water(Heating)
Water source Well

Amenities

above ground pool
fireplace
wood stove

Building Details

Year built 1964
Floors in Building 1
Number of units 2
Flooring type Wood, Vinyl, Tile
Building materials Wood Frame, Wood Siding
Roof type Shingle
Architectural style Ranch
Additional Structures Storage, Outbuilding
Listing Agency: Keller Williams Realty-Metropolitan
Listed By: Tess Crane-Stenslie
Added: Aug 19 Changed: Sep 24 Last Checked: Sep 25 at 12:06AM
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 1964 ranch-style duplex contains 1,951 square feet across two residential units on a 5.1-acre parcel. One unit includes a dine-in kitchen, three bedrooms, an updated full bath, living room fireplace, and soundproofing between the units. The second offers high ceilings, exposed wood beams, an updated kitchen, and a dedicated foyer or mudroom. Wood, vinyl, and tile flooring are used throughout the property.

A large basement provides storage space and includes a wood stove, while the property also features a two-car garage, a large driveway, an outbuilding, and an above-ground pool. The site has a well water source, cable availability, oil heating with hot water, wood siding, and a shingle roof. Zoned RES/AG, the property is located at 89 Prescott Road in Brentwood, New Hampshire.

Key Highlights

  • Two‑unit duplex with 1,951 square feet of building area
  • Set on 5.1 acres in Brentwood, NH
  • Unit 1 has three bedrooms, an updated full bath, and a living room fireplace

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
5.26%
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 (±1% cap)
NOI $32,867 @ 7.0% cap · market cap 5.26%
Second Best
Apartment 5plus
$422.9K
$370.1K – $493.4K (±1% cap)
NOI $29,606 @ 7.0% cap · market cap 4.74%
Theoretical Best
Office A
$649.5K
$568.4K – $757.8K (±1% cap)
NOI $45,468 @ 7.0% cap · market cap 7.27%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply Auto Repair Shop Garden Center Computer & Electronic Repair Tech Support Center Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer separate layouts, shared basement storage, and ample on-site parking.
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 $625,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,951 square feet of building area; Set on 5.1 acres in Brentwood, NH; Unit 1 has three bedrooms, an updated full bath, and a living room fireplace
More about this property
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