Townhouse-Style
New
For Sale
$500,000
94 Wason Road, Hudson, NH 03051
Two-level units provide separate living, kitchen, bedroom, and bathroom areas for residential occupancy.
Property Size2,100 SF
Days on Market5
Property Features for 94 Wason Road
General Information
Standard status
Active
Size
2,100 SF
Property subtype
Multi Family Home
Zoning
R-2
Additional Details
Highway Access
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$8,144
Building Details
Building Size
2,100 SF
Year Built
1985
Stories
2
Units
2
Listing Agency:
Kw Coastal And Lakes & Mountains Realty
(603) 610-8500
Listed By:
Whitney Taylor · License ##080690
(603) 610-8500
Source:
Startpoint
Added: Aug 6
Changed: Aug 7
Last Checked: Aug 10 at 12:23PM
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
Investment Insights
Based on property information with market context.
Located at 94 Wason Road in Hudson, NH, this townhouse-style duplex contains two residential units with a practical two-level layout. Each unit has a living room, kitchen, and half bath on the first floor, followed by two bedrooms and a full bathroom upstairs. The property was built in 1985 and is zoned R-2.
The location provides access to Route 3, also known as the Everett Turnpike, with connections to Nashua, Manchester, and the Massachusetts border. Shopping, dining, schools, healthcare services, Benson Park, and local trails are identified nearby. The property is positioned for renovation and repositioning, with the existing layout offering a defined residential configuration for future improvements.
The location provides access to Route 3, also known as the Everett Turnpike, with connections to Nashua, Manchester, and the Massachusetts border. Shopping, dining, schools, healthcare services, Benson Park, and local trails are identified nearby. The property is positioned for renovation and repositioning, with the existing layout offering a defined residential configuration for future improvements.
Key Highlights
- Townhouse‑style duplex with two residential units
- Each unit includes 2 bedrooms and 1 full bathroom
- First‑floor living room, kitchen, and half bath in each unit
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
$30,839
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
6.17%
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%
$616,780
$616.8K
Cap Rate 7%
$440,557
$440.6K
Cap Rate 9%
$342,656
$342.7K
Market Conditions
NOI Build-Up for 2,100 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
$46.6K $22.20/SF
− Vacancy
−$2.6K −$1.22/SF
EGI
$44.1K $20.98/SF
− OpEx
−$13.2K −$6.29/SF
NOI
$30.8K $14.69/SF
Area
Hillsborough County, NH
Vacancy
5.50%
Lease Rate
$22.20 /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%
$616,780
Cap Rate 7%
$440,557
Cap Rate 9%
$342,656
Alternative Uses
Best Use
Multifamily LT 5
$440.6K
$385.5K – $514.0K
NOI $30,839 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$408.2K
$357.2K – $476.2K
NOI $28,572 @ 7.0% cap · market cap 5.71%
Theoretical Best
Specialty Retail
$3.85M
$3.37M – $4.49M
NOI $269,325 @ 7.0% cap · market cap 53.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Explore this area
Business Placement
Demographics for 03051, NH
25,394
Population
10,080
Households
2.5
Avg Household Size
44
Median Age
35%
College-Educated
95%
High-School Grad
28.3 sq mi
ZIP Area
897
Density / Sq Mi
$124,973
Median Household Income
$60,768
Median Earnings
$1,615
Median Rent
$407,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-level units provide separate living, kitchen, bedroom, and bathroom areas for residential occupancy.
Where is this duplex located?
The property is located at 94 Wason Road Hudson, NH.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Townhouse‑style duplex with two residential units; Each unit includes 2 bedrooms and 1 full bathroom; First‑floor living room, kitchen, and half bath in each unit
