Two-Unit Home With
For Sale
$1,325,000
11 Post Road, North Hampton, NH 03862
Separate residences, private drives, and updated interiors support multigenerational use or rental operations.
Property Size3,776 SF
Price / SF$350.90
Days on Market13
Property Features for 11 Post Road
General Information
Standard status
Active
Size
3,776 SF
Property subtype
Multi-family
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Amenities
lighted stone columns
remote controlled iron gates
cobblestone-accented driveway
deck
fenced in backyard
mature landscaping
Building Details
Year Built
1958
Year Renovated
2024
Tenancy
Multi
Listing Agency:
KW Coastal and Lakes & Mountains Realty
(603) 661-0658
Listed By:
Michael Fecteau
Source:
Sugarbushrealestate
Added: Jul 26
Changed: Aug 3
Last Checked: Aug 7 at 2:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Coastal and Lakes & Mountains Realty
Investment Insights
Based on property information with market context.
This 3,776-square-foot duplex in North Hampton, built in 1958, combines a primary residence with a renovated apartment. The main home includes three bedrooms, a first-floor bedroom or office with a full bath, an updated custom kitchen, dining and living areas, a powder room, deck, fenced backyard, and a heated two-car garage with 10-foot ceilings. The primary suite has cathedral ceilings and a walk-in closet, while an upstairs bedroom includes a lofted area, built-in desk, and shelving.
Renovated in 2024, the three-bedroom, two-bath apartment offers a first-floor bedroom, three-quarter baths on both levels, in-unit laundry, a private paved drive, and patio. A detached one-car garage has a 10-foot ceiling and unfinished space above. The property also includes two large sheds, town water, a 2,000-gallon septic system installed in 2009, new pavement, mature landscaping, and gated access. It is less than 5 miles from the ocean, near Route 1 and I-95, and approximately one-half mile from the Rockingham Rail Trail.
Renovated in 2024, the three-bedroom, two-bath apartment offers a first-floor bedroom, three-quarter baths on both levels, in-unit laundry, a private paved drive, and patio. A detached one-car garage has a 10-foot ceiling and unfinished space above. The property also includes two large sheds, town water, a 2,000-gallon septic system installed in 2009, new pavement, mature landscaping, and gated access. It is less than 5 miles from the ocean, near Route 1 and I-95, and approximately one-half mile from the Rockingham Rail Trail.
Key Highlights
- 3,776‑square‑foot duplex in North Hampton built in 1958
- Main residence features 3 bedrooms, first‑floor bedroom or office, and heated 2‑car garage
- Apartment renovated in 2024 with 3 bedrooms, 2 baths, and in‑unit laundry
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
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
422
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 - Separate residences, private drives, and updated interiors support multigenerational use or rental operations.
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: 3,776‑square‑foot duplex in North Hampton built in 1958; Main residence features 3 bedrooms, first‑floor bedroom or office, and heated 2‑car garage; Apartment renovated in 2024 with 3 bedrooms, 2 baths, and in‑unit laundry
