Duplex with Hampton Harbor Water
For Sale
$999,999
3 Harris Avenue, Hampton, NH 03842
Updated two-family home with refreshed interiors and two-bedroom units, well-suited for owner-occupants or rental use.
Property Size1,920 SF
Price / SF$520.83
Days on Market110
Property Features for 3 Harris Avenue
General Information
Standard status
Active
Size
1,920 SF
Property subtype
Multi-Unit
Additional Details
Multifamily Units
2
Amenities
Lot Size Acres: 0.11
Percentage of Tax that is Deductable: 0
Sale, Sale Type: Foreclosure
6 Bedrooms
Built in 1964
Property Township: Hampton
Above Area Square Feet: 1920
2 Full Baths
Building Details
Year Built
1964
Listing Agency:
BHHS Verani Realty
Listed By:
Marco Day
(603) 643-8822
Source:
Doyle-realty
Added: Jun 18
Changed: Oct 4
Last Checked: Oct 5 at 6:12PM
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 BHHS Verani Realty
Investment Insights
Based on property information with market context.
This duplex at 3 Harris Avenue features a versatile two-family layout, offering flexibility for owner-occupants, investors, or multi-generational living. Recent updates include major systems and roof work, along with refreshed kitchens and baths, new or updated flooring, and upgraded appliances throughout. The home presents as move-in-ready, with extensive improvements aimed at reducing day-to-day maintenance concerns.
The property is positioned in a quiet neighborhood setting with water views of Hampton Harbor. Public remarks note a short walk to Hampton Beach State Park, the boardwalk, Casino Ballroom, local marinas, restaurants, shops, and seasonal attractions, supporting an easy, coastal lifestyle.
Town records indicate two bedrooms per unit. Buyers are encouraged to perform their own due diligence regarding room counts and intended use. With its updated finishes and functional duplex configuration, the property may appeal to buyers seeking a ready-to-occupy residence, a straightforward rental structure, or a vacation-oriented setup that can also support guests or income opportunities.
The property is positioned in a quiet neighborhood setting with water views of Hampton Harbor. Public remarks note a short walk to Hampton Beach State Park, the boardwalk, Casino Ballroom, local marinas, restaurants, shops, and seasonal attractions, supporting an easy, coastal lifestyle.
Town records indicate two bedrooms per unit. Buyers are encouraged to perform their own due diligence regarding room counts and intended use. With its updated finishes and functional duplex configuration, the property may appeal to buyers seeking a ready-to-occupy residence, a straightforward rental structure, or a vacation-oriented setup that can also support guests or income opportunities.
Key Highlights
- Updated two‑family home (year built 1964) with refreshed kitchens, baths, flooring, and appliances
- Water views of Hampton Harbor in a quiet neighborhood setting
- Two‑bedroom per unit per town records, offering flexible living or rental arrangements
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,345
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,900
$646.9K
Cap Rate 7%
$462,071
$462.1K
Cap Rate 9%
$359,389
$359.4K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$48.4K $25.20/SF
− Vacancy
−$2.2K −$1.13/SF
EGI
$46.2K $24.07/SF
− OpEx
−$13.9K −$7.22/SF
NOI
$32.3K $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%
$646,900
Cap Rate 7%
$462,071
Cap Rate 9%
$359,389
Alternative Uses
Best Use
Multifamily LT 5
$462.1K
$404.3K – $539.1K
NOI $32,345 @ 7.0% cap · market cap 3.23%
Second Best
Apartment 5plus
$416.2K
$364.2K – $485.6K
NOI $29,135 @ 7.0% cap · market cap 2.91%
Theoretical Best
Office A
$639.2K
$559.3K – $745.8K
NOI $44,746 @ 7.0% cap · market cap 4.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
288
Businesses Nearby
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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?
Duplex - Updated two-family home with refreshed interiors and two-bedroom units, well-suited for owner-occupants or rental use.
Where is this duplex located?
The property is located at 3 Harris Avenue Hampton, NH.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Updated two‑family home (year built 1964) with refreshed kitchens, baths, flooring, and appliances; Water views of Hampton Harbor in a quiet neighborhood setting; Two‑bedroom per unit per town records, offering flexible living or rental arrangements
