$999,900 Price Analysis 601 Ocean BlvdHampton, NH 03842 6 bed 2 bath 2,240 SqFt ($446/SqFt) 4,792SqFt lot. Built 1940 Listed 2024-05-08, Taxes $8,661 | May be USDA loan restricted due to income limits near Hampton |
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 open units: Unit 1 on ground level has 3 bedrooms, 1.5 baths, laundry and 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 lving 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.
Presented by Sean Bakhtiari at
Compass New England, LLC.
Property MLS #4994533 from PrimeMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $168,200 + $378,600 $546,800 | $8,661 |
2021 | $168,200 + $378,600 $546,800 | $8,661 |
2020 | $168,200 + $378,600 $546,800 | $8,711 |
2019 | $168,200 + $378,600 $546,800 | $8,754 |
2018 | $144,200 + $344,200 $488,400 | $8,313 |
2017 | $144,200 + $344,200 $488,400 | $7,995 |
2016 | $144,200 + $344,200 $488,400 | $7,853 |
2015 | $121,500 + $299,300 $420,800 | $8,063 |
2014 | $121,500 + $299,300 $420,800 | $7,705 |
2007 | $118,200 + $247,300 $365,500 | $7,233 |
2007 | $118,200 + $247,300 $365,500 | $7,233 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.