Eight-Bedroom
New
For Sale
$599,900
9 Franklin Street, Rollinsford, NH 03869
Multi-Family, Rollinsford, NH
Property Size2,520 SF
Lot Size0.14 Acres
Price / SF$238.06
Days on Market2
Property Features for 9 Franklin Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
2F RES
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 7, Bedroom 6, Bedroom 8, Bedroom 3, Bedroom 5, Bathroom 2, Bathroom 3, Basement, Bathroom 1, Bathroom 4, Bedroom 4, Bedroom 1, Bedroom 2
Patio and Porch features
Patio
Exterior features
Patio
Lot features
Level
Standard status
Active
Size
2,520 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
7152
Utilities
Heating system
Oil
Water source
Public
Amenities
backyard patio
Building Details
Year built
1880
Floors in Building
3
Number of units
2
Building materials
Vinyl Siding
Roof type
Shingle
Architectural style
Colonial
Listing Agency:
Samonas Realty, LLC
Listed By:
Ali Shea
(603) 319-8100
Added: Sep 2
Changed: Sep 3
Last Checked: Sep 3 at 6:06AM
MLS# 5107976
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.
Built in 1880, this Colonial duplex contains 2,520 square feet arranged as two four-bedroom units. The property retains period character while incorporating vinyl siding for exterior upkeep. Unit 2 includes a renovated kitchen, and Unit 1 has a renovated full bathroom. Public water service and oil heating support the building’s residential configuration.
The 0.14-acre parcel includes a backyard patio and surrounding yard space. Bicentennial Park, a boat launch on the Salmon Falls River, and connections to the Scoutland Trails are nearby in Rollinsford. The property is zoned 2F RES and includes a shingle roof with a basement.
The 0.14-acre parcel includes a backyard patio and surrounding yard space. Bicentennial Park, a boat launch on the Salmon Falls River, and connections to the Scoutland Trails are nearby in Rollinsford. The property is zoned 2F RES and includes a shingle roof with a basement.
Key Highlights
- Two four‑bedroom units with eight bedrooms total
- 2,520 square feet on a 0.14‑acre parcel
- Unit 2 kitchen and Unit 1 full bathroom recently renovated
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
NOI $25,582 @ 7.0% cap · market cap 4.26%
Second Best
Apartment 5plus
$337.0K
$294.9K – $393.2K
NOI $23,593 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$674.2K
$589.9K – $786.6K
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
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two four-bedroom units provide substantial residential space within a classic Colonial-style property.
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 with eight bedrooms total; 2,520 square feet on a 0.14‑acre parcel; Unit 2 kitchen and Unit 1 full bathroom recently renovated
