- beds
- 16
- baths
- 8
- sq ft
- 10,800
- Built
- 1980
12 Grondin Drive
Farmington, NH 03835
Residential Income · Active · MLS #5100933
Listing Courtesy of EXP Realty | Justin Porter
The home
About this home
12 Grondin Drive is a three-story, eight (8) unit residential building containing eight (8) 2-Bedroom/1-Bathroom units with 10,800 square feet of gross living area situated on a 0.69-acre parcel in Farmington, New Hampshire. The Property is separately metered for electricity which the tenants pay directly. The Landlord is responsible for trash and recycling removal. Off-street parking is available on site. The Property is 100% occupied and was substantially renovated in 2025 with over $133,000 in capital improvements. In-place gross scheduled rent is $13,150 per month ($157,800 annually) across units ranging from $1,350 to $1,825 per month. Net Operating Income is $98,840 reflecting a 7.19% capitalization rate at the asking price of $1,375,000 ($171,875 per unit). An adjacent 3.16-acre parcel is available separately at $70,000 and may be acquired in combination with the building upon request. Showings by appointment only. Do not disturb occupants.
Property information
Details at a glance
Interior3 property facts
- Rooms
- 1
- Heating
- Electric
- Cooling
- None
Building5 property facts
- Style
- Multi Family
- Year built
- 1980
- Garage
- 8
- Parking
- 8
- Roof
- Shingle
Land & utilities3 property facts
- Lot size
- 3.16 acres
- Water
- Private
- Zoning
- RR
Financial2 property facts
- Annual taxes
- $8,876
- Assessment year
- 1
Plan your purchase
Estimated monthly cost
Explore costs at the $1,375,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$7,692 / monthAdjust
- Principal & interest
- $6,953
- Property tax
- $740
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $8,876. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Listing history
Price and status timeline
No additional listing history is available for public display.
Compare with confidence
Price & market context
See how this home compares with active listings in Farmington.
| Metric | This home | Local listings |
|---|---|---|
| List price | $1,375,000 | $897,00053% above local |
| Price / sq ft | $127 | $18029% below local |
| Days on market | 2 | 2190% below local |
Active city listing statistics from PrimeMLS as of September 12, 2026. Asking prices are not completed-sale values.
Keep exploring
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Common questions
About 12 Grondin Drive
Can I request a private showing?
Request a tour of 12 Grondin Drive and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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