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    Recreation Land Parcel in District II Title is generated by Realmo AI

    Prospect Street, Bethlehem, NH 03574

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    LAND - Bethlehem, NH

    Lot size:
    0.27 Acres
    Added:
    Apr 22, 2026
    Days on Market:
    45
    Last Refresh:
    Jun 5 at 6:06 am

    Property Features for Prospect Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    District II
    Standard status
    Active
    Lot size
    0.27 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    262

    We can help!

    Listing Contact
    Fran Matott

    Listing agent Fran Matott

    Listing office Badger Peabody & Smith Realty/Littleton 11 Riverglen Lane, Franconia, NH

    Listing date Apr 22, 2026

    MLS# 5084710 Listing URL

    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.

    HighLights

    • 0.27‑acre parcel in Bethlehem, NH, positioned next door to Bretzfelder Memorial Park and the Bethlehem Town Forest
    • Nearby access to White Mountain National Forest and surrounding recreational areas
    • Main Street Bethlehem is about 1 mile away for dining and community activities
    • Ideal base for RV parking and recreational gear storage (bicycles, kayaks, hiking gear, skis, snowmobiles and more)
    • Due to its size, the lot may not meet zoning requirements for a dwelling or septic system; consult Bethlehem Zoning
    • RV regulations should be confirmed with Bethlehem Zoning

    Overview

    This offering is a 0.27-acre recreation land parcel in Bethlehem, New Hampshire, positioned as a small basecamp for outdoor activities. The listing notes that with some site work, the land could be used to park an RV and store recreational gear such as bicycles, kayaks, hiking equipment, skis, and snowmobiles. Prospective users should review local requirements, as the parcel’s size may not meet zoning requirements for a dwelling or septic system; Bethlehem Zoning should be consulted for more information, including any applicable RV regulations.

    The property is described as next door to Bretzfelder Memorial Park and the Bethlehem Town Forest, with nearby access to trail-based recreation. Main Street Bethlehem is noted as about a mile away, with additional dining and shopping options identified in Littleton and Franconia. The remarks also reference access to a range of regional activities, including hiking, biking, golfing, boating and fishing, and multiple winter sports destinations.

    For buyers seeking a modest site to support a recreational lifestyle, this parcel’s proximity to park and forest amenities may be a practical fit. Because the listing flags potential limitations related to dwellings and septic, anyone planning permanent improvements or residential use should confirm feasibility under District II zoning and any RV-specific rules before moving forward.
    Property Profile Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Bethlehem
    County
    Grafton
    State
    New Hampshire
    Longitude
    -71.6933435
    Latitude
    44.2924299

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    FAQs

    What type of property is this?
    Recreation land - Centrally located 0.27-acre parcel near public trails; verify zoning and RV regulations for intended use.
    Where is this recreation land located?
    The property is located at Prospect Street Bethlehem, NH.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: 0.27‑acre parcel in Bethlehem, NH, positioned next door to Bretzfelder Memorial Park and the Bethlehem Town Forest; Nearby access to White Mountain National Forest and surrounding recreational areas; Main Street Bethlehem is about 1 mile away for dining and community activities
    (603) 444-1294
    We can help!
    Listing Contact
    Fran Matott
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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