Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    4-Unit Multi-Family Building Title is generated by Realmo AI

    531 Ocean Boulevard, Hampton, NH 03842

    View on Map
    Claim this Listing
    New
    For Sale
    $849,900

    MULTI_FAMILY - Other - Hampton, NH

    Property size:
    2,285 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $371/SF
    Added:
    Jun 3, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 4 at 2:06 am

    Property Features for 531 Ocean Boulevard

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    BS
    Bedrooms
    6
    Bathrooms
    4
    Rooms
    Bathroom 2, Bedroom 1, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 6, Basement, Bathroom 4, Bedroom 2, Bathroom 3
    Patio and Porch features
    Deck
    Exterior features
    Deck
    Appliances
    Natural Gas Water Heater
    Standard status
    Active
    Size
    2,285 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    10241

    Utilities

    Heating system
    Hot Water(Heating), Natural Gas
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Carpet, Laminate
    Building materials
    Wood Frame, Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Lauren Stone

    Listing agent Lauren Stone

    Listing office Carey Giampa, LLC/Rye 655 Wallis Road., Rye, NH

    Listing date Jun 3, 2026

    MLS# 5092581 Listing URL

    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.

    HighLights

    • 4‑unit multi‑family with a flexible layout: two 1‑bedroom units and two 2‑bedroom units
    • Select units have glimpses of the Atlantic Ocean from the front and marsh views from the back
    • Deck and basement included
    • Exterior features wood frame construction with vinyl siding and a shingle roof (built in 1900)
    • Heated with hot water (natural gas) and includes a natural gas water heater
    • Public water source; located near the Hampton Beach boardwalk, restaurants, and seasonal attractions

    Overview

    Situated at 531 Ocean Boulevard in Hampton, this well-maintained 4-unit multi-family property offers a flexible mix of two 1-bedroom units and two 2-bedroom units. Select units feature glimpses of the Atlantic Ocean from the front, while others offer serene marsh views from the back. The property sits on a 0.11-acre lot with a total building size of 2,285 square feet, and it is listed under zoning “BS.”

    The building is positioned along Ocean Boulevard at the end of "the wall" at North Beach. It is described as within walking distance to the boardwalk, restaurants, entertainment, and seasonal attractions associated with Hampton Beach.

    This configuration can work well for buyers seeking a small-scale residential income property with unit-size variety across one- and two-bedroom layouts. The combination of front and back view lines described for select units, along with the property’s proximity to beach-related attractions and amenities, may appeal to tenants looking for a coastal lifestyle option. As presented, the asset provides an owner a straightforward unit mix within a compact footprint suitable for an owner-occupant or multi-unit investor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Restaurant Gym & Fitness Center Accounting Firm Auto Repair Shop Kitchen & Bath Showroom Big Box & Wholesale Store Department Store Food Market Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hampton
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -70.79927509
    Latitude
    42.92014993

    Nearby Similar for Sale

    • $599,900

      Hampton Commercial Building on Route 1

      Commercial/Retail building with visibility, signage, and generous lot.
      892 Lafayette Road, Hampton, NH 03842
      View Details
    • $1,500,000
      3,300 SF

      Hampton Multi-Unit Investment Opportunity

      Multi-family property with bungalows and strong seasonal income potential.
      7 Dover Avenue, Hampton, NH 01830-3031
      View Details
    • $125,000
      1,975 SF

      Hampton Commercial Office Condominium

      1,975 SF commercial office condo in downtown Hampton, NH.
      24 Stickney Terrace, Hampton, NH 03842
      View Details
    • $599,900

      Commercial Building on Route 1

      Free-standing commercial/retail building with visibility and generous lot.
      892 Lafayette Rd, Hampton, NH 03842
      View Details
    • $1,200,000
      2,689 SF

      Furnished Four-Unit Multifamily Property

      Well-prepared four-unit setup with multiple decks and an outdoor area suited to flexible seasonal guest stays.
      19 F Street, Hampton, NH 03842
      View Details
    • $130,000
      595 SF

      Hampton Retail/Office Condo For Sale

      Retail/office condo in Hampton's business district with high traffic.
      725 Lafayette Rd 5, Hampton, NH 03842
      View Details
    • $235,000

      Office Condo in Post Office Square

      First floor office condo with flexible layout and dual access.
      24 Stickney Terrace, Unit 9, Hampton, NH 03842
      View Details
    • $150,000
      845 SF

      Renovated Office Condo For Sale

      Newly renovated office condo with four private offices for sale.
      1 Park Ave 6G, Hampton, NH 03842
      View Details
    • $989,900

      Hampton Mixed-Use Investment Opportunity

      Mixed-use property with apartments and commercial space in Hampton's business district.
      852 Lafayette Rd, Hampton, NH 03842
      View Details
    • $595,000
      1,400 SF

      Hampton Beach Duplex Opportunity

      Well-maintained duplex near Hampton Beach with expansion potential.
      56 Nudd Ave, Hampton, NH 03942
      View Details
    • $125,000
      1,975 SF

      Downtown Hampton Office Condominium

      1,975 SF commercial office condominium in downtown Hampton.
      24 Stickney Ter 11, Hampton, NH 03842
      View Details
    • $6,056,000
      32,499 SF

      Hampton Industrial Building with Expansion

      32,499 SF industrial building on 9.46 acres.
      105 Towle Farm Rd, Hampton, NH
      View Details

    FAQs

    What type of property is this?
    Quadplex - Four well-maintained units with two 1-bedroom and two 2-bedroom layouts near Hampton Beach attractions.
    Where is this quadplex located?
    The property is located at 531 Ocean Boulevard Hampton, NH.
    What is the asking price?
    The asking price for this property is $849,900.
    What are key features of this property?
    This property features: 4‑unit multi‑family with a flexible layout: two 1‑bedroom units and two 2‑bedroom units; Select units have glimpses of the Atlantic Ocean from the front and marsh views from the back; Deck and basement included
    (603) 235-5887
    We can help!
    Listing Contact
    Lauren Stone
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    531 Ocean Boulevard, Hampton, NH 03842
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!