Three-Unit Beachside
New
For Sale
$925,000
6 Francis Street, Hampton, NH 03842
Multi-Family, Hampton, NH
Property Size3,022 SF
Lot Size0.09 Acres
Price / SF$306.09
Days on Market2
Property Features for 6 Francis Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RCS
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bedroom 5, Bathroom 4, Bedroom 1, Bathroom 3, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 6, Bedroom 2
Lot features
Level
Elementary school
Hampton Centre School
Middle school
Hampton Academy Junior HS
High school
Winnacunnet High School
Elementary school district
Hampton Sch District SAU #90
Middle school district
Hampton Sch District SAU #90
High school district
Hampton Sch District SAU #90
Subdivision
Hampton Beach
Standard status
Active
Size
3,022 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9160
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
hardwood flooring
porches/decks
front porch
laundry
ocean and salt marsh views
Building Details
Year built
1920
Floors in Building
2
Number of units
3
Building materials
Wood Frame
Roof type
Shingle, Membrane
Architectural style
Other
Listing Agency:
McGuirk Properties, LLC
(603) 926-4400
Listed By:
Tom McGuirk
(603) 944-6564
Added: Sep 3
Last Checked: Sep 4 at 4:06AM
MLS# 5108024
Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This three-unit residential property contains 3,022 square feet of living space on a 0.09-acre lot. The configuration includes one-, two-, and three-bedroom units, with spacious living areas and individual kitchens. Portions of the property feature hardwood flooring, porches or decks, and separate utilities, while laundry is available within portions of the building. Built in 1920 with wood-frame construction, the property has forced-air natural gas heating, central air, public water, and shingle and membrane roofing.
Located at 6 Francis Street in Hampton, the property is within walking distance of the ocean, boardwalk, restaurants, and entertainment. Upper levels include ocean and salt marsh views. The property is currently operated as year-round rental housing, with the unit mix also supporting weekly summer rental use.
Located at 6 Francis Street in Hampton, the property is within walking distance of the ocean, boardwalk, restaurants, and entertainment. Upper levels include ocean and salt marsh views. The property is currently operated as year-round rental housing, with the unit mix also supporting weekly summer rental use.
Key Highlights
- Three‑unit property with 3,022 square feet of living space
- 0.09‑acre lot at 6 Francis Street, Hampton, NH 03842
- Unit mix includes one-, two-, and three‑bedroom residences
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
$50,909
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
5.50%
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%
$1,018,180
$1.0M
Cap Rate 7%
$727,271
$727.3K
Cap Rate 9%
$565,656
$565.7K
Market Conditions
NOI Build-Up for 3,022 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
$76.2K $25.20/SF
− Vacancy
−$3.4K −$1.13/SF
EGI
$72.7K $24.07/SF
− OpEx
−$21.8K −$7.22/SF
NOI
$50.9K $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 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%
$1,018,180
Cap Rate 7%
$727,271
Cap Rate 9%
$565,656
Alternative Uses
Best Use
Multifamily LT 5
$727.3K
$636.4K – $848.5K
NOI $50,909 @ 7.0% cap · market cap 5.50%
Second Best
Apartment 5plus
$655.1K
$573.2K – $764.3K
NOI $45,858 @ 7.0% cap · market cap 4.96%
Theoretical Best
Office A
$1.01M
$880.4K – $1.17M
NOI $70,428 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
224
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three residential units feature varied bedroom layouts, porches or decks, separate utilities, and on-site laundry in portions of the property.
Where is this triplex located?
The property is located at 6 Francis Street Hampton, NH.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Three‑unit property with 3,022 square feet of living space; 0.09‑acre lot at 6 Francis Street, Hampton, NH 03842; Unit mix includes one-, two-, and three‑bedroom residences
