Three-Unit Triplex with Full
New
For Sale
$899,900
13 Ocean Boulevard, Hampton, NH 03842
Three residences with varied bedroom counts provide separate living spaces across three levels.
Property Size1,953 SF
Price / SF$460.78
Days on Market3
Property Features for 13 Ocean Boulevard
General Information
Standard status
Active
Size
1,953 SF
Property subtype
Multi-Family
Zoning
BS
Units
Unit Mix
1 x 3BR/1BA, 1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
3
Building Details
Year Built
1960
Stories
2
Listing Agency:
McGuirk Properties, LLC
(603) 926-4400
Listed By:
Tom McGuirk
(603) 944-6564
Source:
Churchillprop
Added: Oct 5
Changed: Oct 6
Last Checked: Oct 5 at 2:57PM
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 McGuirk Properties, LLC
Investment Insights
Based on property information with market context.
Built in 1960, this 1,953-square-foot triplex contains three units arranged over three levels. The main-floor residence has three bedrooms and one bathroom; the upper unit has one bedroom and one bathroom, while the lower-level unit offers two bedrooms and one bathroom. Each residence includes a full kitchen. A backyard and on-site parking are also part of the property.
The building is at 13 Ocean Boulevard in Hampton, within the Business Seasonal Zone. The sand, boardwalk, and beach amenities are a short distance away. Seasonal rentals have a history of repeat guests, and the property may also be used for personal occupancy or a mix of personal use and rentals, as described in the listing information.
The building is at 13 Ocean Boulevard in Hampton, within the Business Seasonal Zone. The sand, boardwalk, and beach amenities are a short distance away. Seasonal rentals have a history of repeat guests, and the property may also be used for personal occupancy or a mix of personal use and rentals, as described in the listing information.
Key Highlights
- Three units across three levels, totaling 1,953 square feet
- Main‑level unit: 3 bedrooms and 1 bathroom
- Upper unit: 1 bedroom and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,901
Cap Rate
3.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$658,020
$658.0K
Cap Rate 7%
$470,014
$470.0K
Cap Rate 9%
$365,567
$365.6K
Market Conditions
NOI Build-Up for 1,953 SF
Gross rent
$49.2K $25.20/SF
− Vacancy
−$2.2K −$1.13/SF
EGI
$47.0K $24.07/SF
− OpEx
−$14.1K −$7.22/SF
NOI
$32.9K $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 Rate 5%
$658,020
Cap Rate 7%
$470,014
Cap Rate 9%
$365,567
Alternative Uses
Best Use
Multifamily LT 5
$470.0K
$411.3K – $548.4K
NOI $32,901 @ 7.0% cap · market cap 3.66%
Second Best
Apartment 5plus
$423.4K
$370.5K – $493.9K
NOI $29,636 @ 7.0% cap · market cap 3.29%
Theoretical Best
Office A
$650.2K
$568.9K – $758.6K
NOI $45,515 @ 7.0% cap · market cap 5.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
209
Businesses Nearby
Explore this area
Business Placement
Demographics for 03842, NH
16,048
Population
9,978
Households
1.6
Avg Household Size
53
Median Age
43%
College-Educated
96%
High-School Grad
12.8 sq mi
ZIP Area
1,254
Density / Sq Mi
$94,433
Median Household Income
$53,533
Median Earnings
$1,679
Median Rent
$491,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Three residences with varied bedroom counts provide separate living spaces across three levels.
Where is this triplex located?
The property is located at 13 Ocean Boulevard Hampton, NH.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Three units across three levels, totaling 1,953 square feet; Main‑level unit: 3 bedrooms and 1 bathroom; Upper unit: 1 bedroom and 1 bathroom
