Hampton Beach Duplex
For Sale
$495,000
56 Nudd Ave, Hampton, NH 03942
Well-maintained duplex near Hampton Beach with expansion potential.
Property Size1,464 SF
Price / SF$338.11
Days on Market185
Property Features for 56 Nudd Ave
General Information
Standard status
Active
Size
1,464 SF
Property subtype
Multi-Family
Building Details
Year Built
1953
Listing Agency:
BHHS Verani Londonderry
Listed By:
Erika Stewart
(603) 490-7645
Source:
Fhghomesnh
Added: Apr 24
Changed: Oct 25
Last Checked: Oct 7 at 4:20PM
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 Londonderry
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Investment Insights
Based on property information with market context.
This well-maintained duplex, owned by the same family for many decades, presents a rare opportunity in a prime Hampton Beach location. The sale includes two adjacent lots. Each of the two units contains over 700 square feet, with 2 bedrooms and 1 bathroom. Outdoor amenities include a side deck and back deck for recreation or relaxation, a small yard, and a large storage shed. The property offers ample parking, a significant seasonal advantage. There is potential to expand the current structure, build upwards, rebuild, or convert to a single-family home for year-round use. Alternatively, the property is ready for immediate use as a warm-weather retreat or for short-term rentals in a popular vacation destination on the Northeast coastline. Located at the end of a dead-end street behind the Ashworth, the property is close to the boardwalk, ocean, and other attractions. The location is considered somewhat walkable and bikeable.
Key Highlights
- Prime Hampton Beach location near the beach, boardwalk, and attractions.
- Duplex with two units, each with 2 bedrooms and 1 bathroom.
- Includes 2 adjacent lots, offering expansion or redevelopment potential.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,663
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$493,260
$493.3K
Cap Rate 7%
$352,329
$352.3K
Cap Rate 9%
$274,033
$274.0K
Market Conditions
NOI Build-Up for 1,464 SF
Gross rent
$36.9K $25.20/SF
− Vacancy
−$1.7K −$1.13/SF
EGI
$35.2K $24.07/SF
− OpEx
−$10.6K −$7.22/SF
NOI
$24.7K $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%
$493,260
Cap Rate 7%
$352,329
Cap Rate 9%
$274,033
Alternative Uses
Best Use
Multifamily LT 5
$352.3K
$308.3K – $411.1K
NOI $24,663 @ 7.0% cap · market cap 4.98%
Second Best
Apartment 5plus
$317.4K
$277.7K – $370.3K
NOI $22,216 @ 7.0% cap · market cap 4.49%
Theoretical Best
Office A
$487.4K
$426.5K – $568.6K
NOI $34,118 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
260
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex near Hampton Beach with expansion potential.
Where is this duplex located?
The property is located at 56 Nudd Ave Hampton, NH.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Prime Hampton Beach location near the beach, boardwalk, and attractions.; Duplex with two units, each with 2 bedrooms and 1 bathroom.; Includes 2 adjacent lots, offering expansion or redevelopment potential.
