601 Ocean Boulevard
601 Ocean Boulevard
Hampton, NH 03842
$999,900
Price
6
Beds
2
Baths
2,240 Sq. Ft.
$446 / Sq. Ft.
2,240
Sq. Ft.
$446
per Sq. Ft.
Listed By Compass
Listed By Compass
Description
Welcome to this rare opportunity to own a prime multi-family property nestled in the heart of North Beach, with breathtaking views of both the Atlantic Ocean and sea marsh. Just steps away from the beach, this property is perfect for both owner-occupants looking for a coastal retreat and savvy investors seeking a lucrative rental income and long-term appreciation. Estimated annual short-term rental income is $110k-$130k (**not investment advice**).The property features 2 spacious units: Unit 1 on...Welcome to this rare opportunity to own a prime multi-family property nestled in the heart of North Beach, with breathtaking views of both the Atlantic Ocean and sea marsh. Just steps away from the beach, this property is perfect for both owner-occupants looking for a coastal retreat and savvy investors seeking a lucrative rental income and long-term appreciation. Estimated annual short-term rental income is $110k-$130k (**not investment advice**).The property features 2 spacious units: Unit 1 on ground level has 3 bedrooms, 1.5 baths, laundry & approximately 996 sqft of living space. Unit 2 on the upper level features 3 bedrooms, 1 bathroom, private front and back decks and about 1,244 sqft of living area... Seller's flood insurance is $1,283 annually. No water damage to house or systems over this past winter. Additionally, you'll love the 4 deeded off-street parking spots, the private back yard for gatherings, barbeques and sunbathing, natural gas heat, easy beach access across the street, and convenient proximity to Route 101, Route 95, Southern ME, and all of NH Seacoast's top attractions. For investors, this property presents an excellent income-generating opportunity. With two separate units, you can maximize rental income by leasing out both units, or live in one while renting out the other.
Listing Agent
![Sean Bakhtiari]()
sean.bakhtiari@compass.comP: 603.560.5357
Property Details for 601 Ocean Boulevard
Parking
Deeded, Driveway, Off Street, Parking Spaces 4
Water Body TypeOcean
Water ViewYes
ZoningBS
Location
Add your commute
LISTING UPDATED: 05/21/2024 02:32 PM
Property Details for 601 Ocean Boulevard
| Status | Active |
|---|---|
| MLS # | 4994533 |
| Days on Market | 23 |
| Taxes | $9,159 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1940 |
| Lot Size | 0.11 AC / 4,791 SF |
| County | Rockingham County |
Location
Add your commute
Building Information for 601 Ocean Boulevard
Stories2Residences2Year Built1940Building Size-Lot Size0.11 AC / 4,791 SF
Payment Calculator
$6,220 per month
30 year fixed, 7.25% Interest
Principal and Interest
$5,457
Property Taxes
$763
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 601 Ocean Boulevard
Summary
Location and General Information
- City: Hampton
- County: NH-Rockingham
- Directions: 101 East to Ocean Blvd., Drive north on Ocean Blvd and the property will be on the right
- Latitude: 42.925635035983973
- Longitude: -70.799433612268444
- Road Frontage: Yes
- Seasonal: No
- State: NH
- Street Designation: Boulevard
- Map: 325
- Zip Code: 03842
Taxes and HOA Information
- Tax - Gross Amount: $9,159.00
- Tax Rate: 16.75%
- Tax Year: 2023
- Taxes TBD: Unknown
School Information
- School - High: Winnacunnet High School
- School - District: Hampton School District
- School - Elementary: Hampton Centre School
- School - Middle/Jr: Hampton Academy Junior HS
Parking
- Garage: No
- Driveway: Gravel, Paved
Property
Lot Information
- Block: 18
- Lot: 0
- Lot - Sqft: 4792.0
- Lot Features: Water View
- Lot Size Acres: 0.11
- Road Frontage Length: 50.0
- Square Feet Apx Finished Above Grade: 2240.0
- Square Feet Apx Finished AG Source: Public Records
- Square Feet Apx Finished Below Grade: 0.0
- Square Feet Apx Total: 2240.0
- Square Feet Apx Total Finished: 2240.0
- Square Feet Apx Unfinished Above Grade: 0.0
- Square Feet Apx Unfinished Below Grade: 0.0
- Water Body Access: Yes
- Water Body Name: Atlantic Ocean
Property and Assessments
- Property Class: Multi-Family
- Construction Status: Existing
- Easements: Unknown
- Flood Zone: Yes
- Foundation: Block, Concrete
- PreConstruction: No
- Surveyed: Unknown
- Water Body Restrictions: Unknown
- Year Built: 1940
Utilities
- Electric: Circuit Breaker(s)
- Sewer: Public
- Water Source: Public
- Utilities: Cable - Available, Gas - At Street, Telephone Available
- Water Access Details: Beach Access, Cross a Street to Access
- Internet: High Speed Intrnt -Avail
Interior and Exterior Features
Exterior Features
- Construction Materials: Wood Frame, Wood Siding
- Roads: Public
- Roof: Shingle - Asphalt
Interior Features
- Basement: No
- Total Full Baths: 2
- Heat Fuel: Gas - Natural
- Heating: Hot Water
- Cooling: None
- Total Stories: 2
Multi Family
Income & Expenses Information
- Gross Income: $56,700.00
Multi-Family Information
- Total Units: 2
- Total 1 BR Units: 0
- Total 2 BR Units: 0
- Total 3+ BR Units: 2
Unit Information
Unit 1
- Unit 1 Baths: 2
- Unit 1 Bedrooms: 3
- Unit 1 Lease Term: Annual
- Unit 1 Rental Amt Freq: Monthly
- Unit 1 Status: Leased
- Unit 1 Apx Sqft: 996.0
- Unit 1 Rooms: 5
- Unit 1 Rental Amount: $2,400.00
- Unit 1 Tenant Pays: Electric, Heat, Internet Service, Snow Removal
Unit 2
- Unit 2 Lease Term: Month to Month
- Unit 2 Baths: 1
- Unit 2 Rooms: 5
- Unit 2 Status: Month to Month
- Unit 2 Rental Amt Freq: Monthly
- Unit 2 Apx Sqft: 1244.0
- Unit 2 Bedrooms: 3
- Unit 2 Rental Amount: $2,325.00
- Unit 2 Tenant Pays: Electric, Internet Service
Property History for 601 Ocean Boulevard
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 601 Ocean Boulevard
Taxable ValueLand$378,600Additions$168,200Total$546,800
Tax Record2023$9,159 ($763 / month)
Home Facts
Baths2.5Total Finished SqFt2,240 SqFtAbove Grade Finished SqFt2,240 SqFtStories2Lot Size4,792 SqFtStyleDuplexYear Built1940Year Renovated1991ZoningBSCountyROCKINGHAMAPNHMPT M:235 B:18Fireplace TypeHas Fireplace
Schools near 601 Ocean Boulevard
This home is within Hampton School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | 3 to 5 | |||
| Public - | 6 to 8 | |||
| Public - | PK to 2 |
Rating | School | Distance |
|---|---|---|
Adeline C. Marston School Public3 to 5 | ||
Hampton Academy Public6 to 8 | ||
Hampton Centre School PublicPK to 2 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.
Homes for Sale near Hampton Beach
Neighborhoods
- Hampton Beach
- Hampton Center
- Seacoast
- Seabrook Beach
- Exeter Village
- Kensington
- High Street Historic District
- Salisbury Beach
- Salisbury Center
- Exeter Waterfront Commercial-Historic District
- River Streets Historic District
- Front Street Historic District
- Salisbury Plains
- Oaklands
- Newfields Village
- Plum Island
- Salisbury Point
- Elwyn Park
- South End Newburyport
- Newington
Cities
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 05/31/2024 11:01 PM
