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    Wooded Recreational Hunting Land Title is generated by Realmo AI

    R02-13 Calef Hill Road, Tilton, NH 03276

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    Claim this Listing
    For Sale
    $399,900

    LAND - Tilton, NH

    Lot size:
    57.00 Acres
    Added:
    Dec 26, 2024
    Days on Market:
    525
    Last Refresh:
    Jun 4 at 11:06 pm

    Property Features for R02-13 Calef Hill Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RURAL AGRI
    Standard status
    Active
    Lot size
    57.00 Acres

    We can help!

    Listing Contact
    Hagen Natal

    Listing agent Hagen Natal

    Listing office White Water Realty Group/Franklin 780 Central Street., Tilton, NH

    Listing date Dec 26, 2024

    MLS# 5025204 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

    • Large 57+/- acre wooded lot in Tilton, NH.
    • Accessed via a right of way at the end of a shared driveway.
    • Surrounded by nearby outdoor recreation including hunting and fishing.
    • Close to multiple area attractions and waters: Highland Mountain Bike Park, Ragged Mountain Resort, Mill City Whitewater Park, Webster Lake, Lake Winnisquam, and Lake Winnipesaukee.
    • Nearby rivers mentioned include three different rivers.
    • Convenient to I‑93: about a short drive to exit 20; about 43 miles to Manchester‑Boston Regional Airport.

    Overview

    This offering is a wooded land parcel totaling approximately 57+/- acres, listed under RURAL AGRI zoning. The property is described as private and secluded, with a natural, forested character that lends itself to outdoor use. Access is provided via a right of way at the end of a shared driveway. Prospective buyers are asked to refrain from drive-bys and to complete their own due diligence.

    The land is located in Tilton, New Hampshire, and is presented as being surrounded by a range of nearby outdoor recreational options. The remarks cite access to hunting and fishing opportunities, along with proximity to Highland Mountain Bike Park, Ragged Mountain Resort, Mill City Whitewater Park, and area lakes including Webster Lake, Lake Winnisquam, and Lake Winnipesaukee. The property is also described as being near three rivers. The listing further notes that the parcel is a short drive to exit 20 off I-93 and that it is approximately 43 miles to Manchester-Boston Regional Airport.

    For buyers looking for acreage to enjoy hunting, fishing, and general recreation, this property’s wooded acreage and remote access setup may align well with a low-development lifestyle. Its rural zoning designation can be a key consideration for anyone evaluating future plans consistent with RURAL AGRI regulations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hunting land

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tilton
    County
    Belknap
    State
    New Hampshire
    Longitude
    -71.6109955
    Latitude
    43.4714419

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      Land For Sale in Tilton

      Land available in Belknap County, New Hampshire.
      R02-13 Calef Hill Road, Tilton, NH 03276
      View Details
    • $6,645,162
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    FAQs

    What type of property is this?
    Hunting land - A large wooded parcel with shared-drive access, suited for outdoor recreation and hunting in Tilton, NH.
    Where is this hunting land located?
    The property is located at R02-13 Calef Hill Road Tilton, NH.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: Large 57+/- acre wooded lot in Tilton, NH.; Accessed via a right of way at the end of a shared driveway.; Surrounded by nearby outdoor recreation including hunting and fishing.
    (603) 387-0146
    We can help!
    Listing Contact
    Hagen Natal
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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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