Duplex Near Seabrook
For Sale
$1,150,000
8 Nashua Street #A & B, Seabrook, NH 03874
Well-maintained duplex with two identical units, oversized decks, and a backyard cabin with plumbing access.
Property Size2,100 SF
Price / SF$547.62
Days on Market54
Property Features for 8 Nashua Street #A & B
General Information
Standard status
Active
Size
2,100 SF
Property subtype
Multi Family
Zoning
B3
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$12,429
Amenities
oversized decks
bonus cabin
Building Details
Year Built
1955
Stories
2
Listing Agency:
East Coast Group One Realty
(603) 817-1289
Listed By:
Martha Baroody
Source:
Laerrealty
Added: Jul 7
Changed: Aug 22
Last Checked: Aug 29 at 6:16AM
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 East Coast Group One Realty
Investment Insights
Based on property information with market context.
This well-maintained duplex offers two identical units, each laid out with a living room, eat-in kitchen, and a first-floor full bath with washer. Across both units, the property totals 6 bedrooms, with oversized decks off the kitchens and primary bedrooms. A bonus cabin sits in the backyard and includes plumbing access, providing additional flexibility for use as extra living space.
The home is described as being just steps from Seabrook Beach, with easy coastal access.
Parking is available on both sides and in front of the home, supporting day-to-day convenience for residents and guests.
The home is described as being just steps from Seabrook Beach, with easy coastal access.
Parking is available on both sides and in front of the home, supporting day-to-day convenience for residents and guests.
Key Highlights
- 1955‑built, well‑maintained duplex with two identical units
- Each unit features a living room, eat‑in kitchen, and a first‑floor full bath with washer
- 6 total bedrooms across both units
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
$35,377
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
3.08%
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%
$707,540
$707.5K
Cap Rate 7%
$505,386
$505.4K
Cap Rate 9%
$393,078
$393.1K
Market Conditions
NOI Build-Up for 2,100 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
$52.9K $25.20/SF
− Vacancy
−$2.4K −$1.13/SF
EGI
$50.5K $24.07/SF
− OpEx
−$15.2K −$7.22/SF
NOI
$35.4K $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%
$707,540
Cap Rate 7%
$505,386
Cap Rate 9%
$393,078
Alternative Uses
Best Use
Multifamily LT 5
$505.4K
$442.2K – $589.6K
NOI $35,377 @ 7.0% cap · market cap 3.08%
Second Best
Apartment 5plus
$455.2K
$398.3K – $531.1K
NOI $31,867 @ 7.0% cap · market cap 2.77%
Theoretical Best
Office A
$699.1K
$611.8K – $815.7K
NOI $48,940 @ 7.0% cap · market cap 4.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
499
Businesses Nearby
Explore this area
Business Placement
Demographics for 03874, NH
8,542
Population
4,403
Households
1.9
Avg Household Size
51
Median Age
26%
College-Educated
91%
High-School Grad
8.9 sq mi
ZIP Area
960
Density / Sq Mi
$87,000
Median Household Income
$47,047
Median Earnings
$1,435
Median Rent
$435,100
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 - Well-maintained duplex with two identical units, oversized decks, and a backyard cabin with plumbing access.
Where is this duplex located?
The property is located at 8 Nashua Street #A & B Seabrook, NH.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 1955‑built, well‑maintained duplex with two identical units; Each unit features a living room, eat‑in kitchen, and a first‑floor full bath with washer; 6 total bedrooms across both units
