Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    326 Amherst St Manchester, NH 03104-4901
    Back to Search
    Property profile & analytics

    326 Amherst St, Manchester, NH 03104-4901

    View on Map
    • Residential income homes
    • 5,066 SF
    • 0.13 lot acres
    Off-Market
    Property ID
    US58-0414071
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Amherst Maple Street Furnished Rooms / Hotel & Motel / Vacation Rental

    Property Details for 326 Amherst St

    Year built
    1920
    Construction
    FRAME
    Lot size
    0.13 lot acres
    Property type
    Residential income homes
    Property subtype
    Serviced apartments
    APN
    MNCH M:0048 B:000 L:0019
    APU
    MNCHM0048B000L0019

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 9, 2008 $400,000 326 Amherst Street LLC Spu Investments LLC Warranty Deed $281k · Ocean Bank
    Apr 30, 2001 $316,000 Spu Invsts LLC Debco Rlty LLC Warranty Deed $221k · Bank Of New Hampshire
    Sep 16, 1999 $230,000 Debco Rlty LLC 500k RT Warranty Deed $363k · Zwi Kohorn

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.4532
    Latitude
    42.992
    CBSA code
    31700
    CBSA name
    MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,759
    $104,800
    $359,600
    $464,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $670,000
      17,121 SF

      453 Pne St

      BOARDING/ROOMING HOUSE
      453 Pne St, Manchester, NH 03104
      View Details
    • Value Estimation
      $745,000
      6,638 SF

      499 Beech St

      BOARDING/ROOMING HOUSE
      499 Beech St, Manchester, NH 03104-4946
      View Details
    • Value Estimation by Request
      7,260 SF

      195 Brg St

      BOARDING/ROOMING HOUSE
      195 Brg St, Manchester, NH 03104-4956
      View Details
    • Value Estimation by Request
      2,960 SF

      503 Beech St

      BOARDING/ROOMING HOUSE
      503 Beech St, Manchester, NH 03104-4955
      View Details
    • Value Estimation by Request
      6,266 SF

      605 Un St

      BOARDING/ROOMING HOUSE
      605 Un St, Manchester, NH 03104-6101
      View Details
    • Value Estimation by Request
      4,782 SF

      151 Pearl St

      BOARDING/ROOMING HOUSE
      151 Pearl St, Manchester, NH 03104
      View Details

    Similar Nearby for Sale

    • $600,000
      Pending

      Manchester Multifamily Investment Opportunity

      Well-maintained 3-unit property with strong rental income potential.
      599 Beech St, Manchester, NH 03104
      View Details
    • Contact for pricing
      2,592 SF

      North End Duplex with Garages

      Two-unit residential income property on a dead-end cul-de-sac, offering 2 bed/1 bath units and updated major systems.
      77 Merrow St, Manchester, NH 03104
      View Details
    • New
      $549,900
      1,728 SF

      North End Duplex with Updated Systems

      Two 2-bedroom units with hardwood floors, garages, and updated heating and roof, with one unit currently vacant.
      77 Merrow St, Manchester, NH 03104
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      800 SF

      Furnished One Bedroom Townhouse

      Furnished one-bedroom townhouse with shared yard, available September 2020.
      74 Ash St, Manchester, NH 03104
      View Details
    • Contact for pricing
      5,000 SF

      Elm Street Victorian Office Space

      Victorian office space in North End, minutes from downtown.
      1855 Elm St, Manchester, NH 03104
      View Details
    • Contact for pricing
      10,968 SF

      Renovated Office Space in Manchester

      Class-A office space with amenities and free parking.
      1750 Elm St, Manchester, NH 03104
      View Details
    • Contact for pricing

      Second-Floor Medical Office Suite

      Private second-floor suite with reception area, kitchenette, and shared restrooms at a wellness center with ample parking.
      707 Chestnut St, Manchester, NH 03104
      View Details
    • Contact for pricing
      1,410 SF

      Renovated Commercial Building in Manchester

      Newly renovated 1,410 SF commercial space with customization options.
      1541 Elm St, Manchester, NH 03104
      View Details
    • Contact for pricing

      Second-Floor Medical Office Suite

      Private second-floor suite with shared restrooms, kitchenette, and reception area in a wellness center setting.
      707 Chestnut St, Manchester, NH 03104
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    326 Amherst St
    Manchester, NH 03104-4901
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    326 Amherst St, Manchester, NH, 03104
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!