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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Investment properties
17 Federal Hl Rd Milford, NH 03055-3557
Individually Owned
5-yr Hold
Property ID
US58-0019071
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1877
Total area
4,246 SF
Lot
91.36 ac (3,979,642 SF)
Zoning code
R
APN
MFRD M:48 B:19
UPID
US58-0019071
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
$800k
Comparable Approach
Comparable
$954k
Blend (final)
Blend
$715k
Owner & transaction history
Garret Chappell · 5 yrs held
Garret Chappell
since 2020
4 recorded transactions
Zoning & alternative use
R · Milford, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$750,000
+25.8%
Retail stores
$695,000
+16.2%
Office building
$630,000
+5.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Milford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milford submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$545,000
CAP Approach
CAP Return
Estimation
6%
$870,000
6.5%
$800,000
7%
$745,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$595,000
Current use
AUTO REPAIR, GARAGE
$750,000
Change: +26% · Conversion: Difficult
RETAIL STORES
$695,000
Change: +16% · Conversion: Easy
OFFICE BUILDING
$630,000
Change: +6% · Conversion: Easy
Blend value · Realmo final
$715k
Range $644k – $787k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$168 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$39,182
Tax year 2023
Assessed value
$1,767,343
Assessed 2023
Previous assessed
$1,748,386
+1.1% YoY
Effective rate
2.22%
On assessed value
Assessed land
$500,043
Assessed improvement
$1,267,300
Applied tax rate
48,020.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1877
Heating
FORCED AIR
Cooling
YES
Buildings
5
Stories
2
Units
2
Rooms
9
Bathrooms
2
Total area
4,246 SF
Lot
91.36 ac (3,979,642 SF)
Zoning code
R
APN
MFRD M:48 B:19
UPID
US58-0019071
Jurisdiction
MILFORD TOWN
Zoning & alternative use
R · Milford, NH
Zoning R · permitted uses
R · Milford, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$595,000
AUTO REPAIR, GARAGE
Est. value
$750,000
RETAIL STORES
Est. value
$695,000
OFFICE BUILDING
Est. value
$630,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1877
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
5
Units
2
Rooms
9
Bathrooms
2
Lot
91.36 ac
Current owner
From public records · entity-resolved
Garret Chappell
Individual
Mailing address
17 FEDERAL HL RD, MILFORD, NH 03055-3557
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2021
—
Corey R Chappell Ft 2020
—
Deed
related
$245,000 · Bar Harbor Bank & Trust Co
Aug 14, 2020
$20,000
Garret Chappell
Corey R Chappell
Warranty Deed
related
—
Oct 31, 2018
$200,000
Corey R Chappell
Chappell R G 1990 F/tr
Warranty Deed
related
—
Jan 4, 2016
$1,184,400
Corey R Chappell
Chappell,roger G & Bonnie L
Warranty Deed
related
$500,000 · Lake Sunapee Bk Fsb
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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