57 Exeter
Newmarket, NH 03857
- – beds
- – baths
- 3,000 sqft
- 3,049 sqft lot
- $243 per sqft
- 1900 build
- – on site
High-Yield 2-Unit Multifamily – Over 10% CAP Rate – Newmarket, NH Excellent investment or owner-occupant opportunity in a highly desirable area of Newmarket! This well-maintained duplex features two spacious units, each offering 5 bedrooms and 2.5 bathrooms. Both units are leased annually, providing consistent rental income and a CAP rate exceeding 9% based on net operating income. The property has seen many recent updates over the past 3 years, making it turnkey for investors. Each unit includes modern layouts, large living spaces, and separate utilities. Perfect for house hacking or expanding your rental portfolio with a cash-flowing asset in a strong rental market. Located in a Desirable, sought-after neighborhood near downtown Newmarket, close to schools, shopping, dining, and the University of New Hampshire. Easy access to Route 108 and I-95 makes this a commuter-friendly location as well. Property Highlights: 1.Two updated units – 5 beds, 2.5 baths each 2.10.4 %+ CAP Rate 3.Strong rental history with stable tenants 4.Recent renovations and well cared for 5.Ideal for investors or live-in owners Contact today for financials or to schedule a private tour!
Last checked:
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Last updated May 5, 2025
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MLS# 5039311 —
The Building
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Year Built:1900
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Pre-Construction:No
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Construction Status:Existing
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Construction Materials:Vinyl Siding
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Architectural Style:Multi-Family
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Roof:Shingle - Asphalt
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Foundation:Concrete
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Total Stories:2.5
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Total Units:2
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Approx SqFt Total:4258
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Approx SqFt Total Finished:3,000 Sqft
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Approx SqFt Finished Above Grade:3,000 Sqft
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Approx SqFt Finished Below Grade:0 Sqft
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Approx SqFt Unfinished Above Grade:222
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Approx SqFt Unfinished Above Grade Source:Public Records
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Approx SqFt Unfinished Below Grade:1036
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Approx SqFt Unfinished Building Source:Public Records
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Approx SqFt Finished Above Grade Source:Public Records
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Road Frontage Type:Public Maintained Road
Interior
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Basement:Yes
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Basement Description:Bulkhead
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Basement Access Type:Walkout
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Room 5 Type:Leased
Location
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Map:U3
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Latitude:43.073379000000998
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Longitude:-70.938551000000004
The Property
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Property Class:Multi-Family
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Seasonal:No
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Lot Features:City Lot
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Lot SqFt:3,049 Sqft
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Lot Acres:0 Sqft
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Zoning:Residential
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Driveway:Paved
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Road Frontage:Yes
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Road Frontage Length:0 Sqft
Listing Agent
- Contact info:
- Office phone:
- (888) 398-7062
Taxes
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Tax Year:2024
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Taxes TBD:No
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Tax - Gross Amount:$8,679
Beds
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Bedrooms - Level 4:7
Baths
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Total Full Baths:2
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Unit 1 Baths:3
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Unit 2 Baths:3
The Listing
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Price Per SqFt:243
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Foreclosed/Bank-Owned/REO:No
Heating & Cooling
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Heating:Oil, Baseboard, Hot Water
Utilities
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Utilities:Cable - At Site
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Sewer:Public Sewer On-Site
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Electric:100 Amp
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Water Source:Public Water - On-Site
The Community
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Covenants:No
Extra Units
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Unit 1 Rooms:7
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Unit 1 Bedrooms:5
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Unit 1 Approx SqFt:1,500 Sqft
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Unit 2 Bedrooms:5
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Unit 2 Approx SqFt:1500
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Total 3+ BR Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/4/25
May 4, 2025
|
Listed / Active | PRIME_MLS | $729,000 | |
|
10/31/18
Oct 31, 2018
|
Sold | PRIME_MLS | ||
|
9/12/18
Sep 12, 2018
|
Sold Subject To Contingencies | PRIME_MLS |
