Building Details

Year Built 1880

Buildings 1

Listing Agency: Samonas Realty,LLC

Listed By: Ali Shea Show Phone

Source: Portsiderealestategroup

Added: Sep 2 Changed: Sep 5 Last Checked: Sep 5 at 7:59AM

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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 Samonas Realty,LLC

Investment Insights

Based on property information with market context.

This duplex at 9 Franklin Street contains 2,520 square feet and is arranged as two four-bedroom residential units. Built in 1880, the property retains original character, including 8+ foot ceilings, while vinyl siding provides a lower-maintenance exterior. Unit 2 includes a newly renovated kitchen, and Unit 1 has a fully renovated bathroom.

Outdoor amenities include a backyard patio and yard area. The property is near Bicentennial Park, which offers a boat launch on the Salmon Falls River, as well as connections to the Scoutland Trails. The combination of two separate units, established architectural details, and targeted updates creates a practical duplex configuration in Rollinsford, NH.

Key Highlights

• Two four‑bedroom units within an 8‑bedroom duplex
• 2,520 square feet on a property built in 1880
• 8+ foot ceilings and original architectural character

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

$25,582

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

4.26%

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%

$511,640 $511.6K

Cap Rate 7%

$365,457 $365.5K

Cap Rate 9%

$284,244 $284.2K

Market Conditions

NOI Build-Up for 2,520 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

$37.8K $15.00/SF

− Vacancy

−$1.3K −$0.50/SF

EGI

$36.5K $14.50/SF

− OpEx

−$11.0K −$4.35/SF

NOI

$25.6K $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 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%

$511,640

Cap Rate 7%

$365,457

Cap Rate 9%

$284,244

Alternative Uses

Best Use

Multifamily LT 5

$365.5K

$319.8K – $426.4K (±1% cap)

NOI $25,582 @ 7.0% cap · market cap 4.26%

Second Best

Apartment 5plus

$337.0K

$294.9K – $393.2K (±1% cap)

NOI $23,593 @ 7.0% cap · market cap 3.93%

Theoretical Best

Office A

$674.2K

$589.9K – $786.6K (±1% cap)

NOI $47,193 @ 7.0% cap · market cap 7.87%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Parking Lot & Garage Dental Office Auto Parts 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

239

Businesses Nearby

Explore this area Business Placement

Demographics for 03869, NH

2,456

Population

1,113

Households

2.2

Avg Household Size

41

Median Age

40%

College-Educated

95%

High-School Grad

6.7 sq mi

ZIP Area

367

Density / Sq Mi

$82,983

Median Household Income

$50,750

Median Earnings

$1,300

Median Rent

$363,200

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Duplex - Two spacious four-bedroom units provide a substantial residential configuration with updated interior spaces.

Where is this duplex located?

The property is located at 9 Franklin Street Rollinsford, NH.

What is the asking price?

The asking price for this property is $599,900.

What are key features of this property?

This property features: Two four‑bedroom units within an 8‑bedroom duplex; 2,520 square feet on a property built in 1880; 8+ foot ceilings and original architectural character