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    1174 Us-2 Randolph, NH 03593
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    1174 Us-2 Randolph, NH 03593

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    • Hospitality properties
    • 8,060 SF
    • 5.52 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hospitality properties

    Property Details for 1174 Us-2

    Year built
    1956
    Lot size
    5.52 lot acres
    Property size
    8,060 SF
    Property type
    Hospitality properties
    Property subtype
    Hotels

    Description

    This exceptional, well-maintained inn, nestled in the beautiful White Mountains of New Hampshire, presents a unique investment opportunity. Located at 1174 US-2, Randolph, NH 03593, this property boasts 8,060 square feet across two buildings and two stories, situated on a 5.52-acre lot. Built in 1956 and significantly renovated between 1991 and 2021, the property features updated wiring and plumbing throughout. The main house includes 13 bedrooms with 14.5 bathrooms, a large living room, and a modern kitchen equipped with a pellet stove. Outdoor amenities include an inground pool, a hot tub, and a pool house. A separate carriage house offers five additional bedrooms, each with a private bath, and two units with kitchens and living rooms, providing potential for additional rental income. This carriage house also includes a 1,532 square foot garage, offering ample storage or potential for conversion into extra living space. The property is zoned REs-A and offers breathtaking views. Its location provides easy access to year-round recreational activities, including skiing, snowmobiling, hiking, golfing, and boating. This turnkey property is ideal for a bed and breakfast, Airbnb, or a mix of short-term and long-term rentals. The possibilities are endless.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Randolph
    County
    Coos
    State
    New Hampshire
    Longitude
    -71.352
    Latitude
    44.3582

    Comparable in this City

    • Value Estimation by Request
      0.64 Acres

      Us Rte 2nd Ns

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 0.64 Acres
      Us Rte 2nd Ns, Randolph, NH 03593
      View Details
    • Value Estimation
      $1,140,000
      5,946 SF

      1174 Us Rte 2nd 2

      COMMERCIAL (GENERAL) • 5,946 SF
      1174 Us Rte 2nd 2, Randolph, NH 03593-5243
      View Details
    • Value Estimation by Request
      2,478 SF

      560 Us Rte 2nd 2

      SHOW ROOM, WAREHOUSE • 2,478 SF
      560 Us Rte 2nd 2, Randolph, NH 03593-5231
      View Details
    • Value Estimation by Request
      2,583 SF

      908 Us Rte 2nd 2

      COMMERCIAL (GENERAL) • 2,583 SF
      908 Us Rte 2nd 2, Randolph, NH 03593-5238
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    • Value Estimation by Request
      15.64 Acres

      1372 Us Rte 2nd 2

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 15.64 Acres
      1372 Us Rte 2nd 2, Randolph, NH 03593
      View Details
    • Value Estimation by Request
      7,718 SF

      89 Us Rte 2nd 2

      COMMERCIAL (GENERAL) • 7,718 SF
      89 Us Rte 2nd 2, Randolph, NH 03593-5218
      View Details

    Similar Nearby for Sale

    • $1,139,000
      5.52 Acres

      Inn with Mountain Views

      Hospitality property with potential for growth in the White Mountains.
      1174 Presidential Hwy, Randolph, NH 03593
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    • New
      $975,000
      3.12 Acres

      Grand View Lodge & Cabins

      Hospitality property with multiple income opportunities in the White Mountains.
      89 Us Route 2, Randolph, NH 03593
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    • $195,900
      9.82 Acres

      Randolph, NH Land with Views

      9.82 acres of land with Presidential Mountain views.
      00 Us Route 2, Randolph, NH 03593
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    1174 Us-2
    Randolph, NH 03593
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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.

    More about this property
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