Duplex with Multiple
For Sale
$1,325,000
11 Post Road, North Hampton, NH 03862
Multi-Family, North Hampton, NH
Property Size3,776 SF
Lot Size1.22 Acres
Price / SF$350.90
Days on Market29
Property Features for 11 Post Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R1
Bedrooms
6
Bathrooms
5
Full bathrooms
5
Rooms
Basement, Bathroom 3, Bedroom 3, Bedroom 2, Bedroom 6, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 4, Bathroom 4, Bedroom 1, Bathroom 5
Parking features
Garage
Lot features
Level
Standard status
Active
Size
3,776 SF
Lot size
1.22 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
8694
Utilities
Utilities
Cable Available
Heating system
Forced Air, Ductless (Heating)
Cooling system
Zoned, Ductless
Water source
Public
Amenities
deck
patio
in-unit laundry
shed
Building Details
Year built
1958
Floors in Building
2
Number of units
2
Building materials
Shingle Siding, Fiber Cement Exterior
Roof type
Shingle
Architectural style
Other
Listing Agency:
KW Coastal and Lakes & Mountains Realty · Keller Williams Realty
(603) 610-8500
Listed By:
Michael Fecteau
(603) 610-8500
Added: Jul 27
Changed: Aug 20
Last Checked: Aug 24 at 12:06AM
MLS# 5101852
Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex property combines a primary residence with a separately configured apartment on 1.22 acres. The main home includes three bedrooms, a first-floor bedroom or office with a full bath, a custom kitchen, dining and living areas, a powder room, deck, fenced backyard, and a heated two-car garage with 10-foot ceilings. The renovated apartment provides three bedrooms, two baths, in-unit laundry, and its own paved drive and patio. A detached one-car garage adds another 10-foot ceiling and unfinished space above.
The property has public water and a 2,000-gallon septic system installed in 2009. Additional improvements include two large sheds, new pavement, mature landscaping, shingle and fiber cement exterior materials, forced-air and ductless heating, and ductless cooling. Route 1, I-95, beaches, shopping, dining, Hampton Airfield, day care, and the Rockingham Rail Trail are nearby. The apartment lease runs through January 2028.
The property has public water and a 2,000-gallon septic system installed in 2009. Additional improvements include two large sheds, new pavement, mature landscaping, shingle and fiber cement exterior materials, forced-air and ductless heating, and ductless cooling. Route 1, I-95, beaches, shopping, dining, Hampton Airfield, day care, and the Rockingham Rail Trail are nearby. The apartment lease runs through January 2028.
Key Highlights
- Duplex on 1.22 acres with 3,776 square feet of property size
- Main residence includes 3 bedrooms and a heated 2‑car garage with 10‑foot ceilings
- Renovated in 2024, the apartment has 3BR/2BA, in‑unit laundry, and a private patio
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$63,611
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,272,220
$1.3M
Cap Rate 7%
$908,729
$908.7K
Cap Rate 9%
$706,789
$706.8K
Market Conditions
NOI Build-Up for 3,776 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$95.2K $25.20/SF
− Vacancy
−$4.3K −$1.13/SF
EGI
$90.9K $24.07/SF
− OpEx
−$27.3K −$7.22/SF
NOI
$63.6K $16.85/SF
Area
Rockingham County, NH
Vacancy
4.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,272,220
Cap Rate 7%
$908,729
Cap Rate 9%
$706,789
Alternative Uses
Best Use
Multifamily LT 5
$908.7K
$795.1K – $1.06M
NOI $63,611 @ 7.0% cap · market cap 4.80%
Second Best
Apartment 5plus
$818.6K
$716.3K – $955.0K
NOI $57,300 @ 7.0% cap · market cap 4.32%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,000 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
435
Businesses Nearby
Explore this area
Business Placement
Demographics for 03862, NH
4,597
Population
2,311
Households
2
Avg Household Size
53
Median Age
52%
College-Educated
95%
High-School Grad
13.9 sq mi
ZIP Area
331
Density / Sq Mi
$136,170
Median Household Income
$73,261
Median Earnings
$1,950
Median Rent
$611,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer separate driveways, private outdoor areas, and flexible living arrangements near coastal amenities.
Where is this duplex located?
The property is located at 11 Post Road North Hampton, NH.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: Duplex on 1.22 acres with 3,776 square feet of property size; Main residence includes 3 bedrooms and a heated 2‑car garage with 10‑foot ceilings; Renovated in 2024, the apartment has 3BR/2BA, in‑unit laundry, and a private patio
