NOT LISTED FOR SALE

1 Verne Rd Hampton, NH 03842

16 Beds
8 Baths
5,160 Sq Ft
1 Acres

Last Sold November 19, 2021

Last sale price $1,322,000 $256 Per Sq Ft

8 Days on Market

Highlights

  • 1 Acre Lot
  • Landscaped
  • Hot Water Heating System
  • Adeline C. Marston Elementary School Rated A-
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of November 2021

Great Opportunity for a cash Flowing investment! Two separate Buildings, Six units in one building and two Units in the other. A total of 8 Residential Units within less than One Mile to North Beach. This Property is Privately set back off of the road and has more than enough parking to accommodate multiple cars. Large One acre Lot. Utilities are virtually all separate and run off of Natural gas. The two unit building is an older structure built in 1900 while the larger six unit building is a newer structure was erected in 1986. The six unit building consists of six 2 bedroom units most of which have seen recent updates. Two unit building consists of a large 3 bedroom unit and a smaller 1 bedroom unit both of which have been updated. There is also a coin operated laundry room on site. Please schedule showings online, delayed showings to begin Saturday 9/11.

Last Agent to Sell the Property

Samuel Auffant

KW Coastal and Lakes & Mountains Realty License #069269 Listed on: 09/07/2021

KW Coastal and Lakes & Mountains Realty

Last Buyer's Agent

Lauren Stone

Carey Giampa, LLC/Rye License #008699

Carey Giampa, LLC/Rye

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,613

Year Built

  • Built in 1986

Lot Details

  • 1 Acre Lot
  • Landscaped
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 5,160 Sq Ft Home
  • 2-Story Property

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry
  • Crawl Space

Schools

  • Hampton Centre Elementary School
  • Hampton Academy Junior High School
  • Winnacunnet High School

Utilities

  • Forced Air Heating System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Block 019

Community Details

Overview

  • 8 Units

Building Details

  • Gross Income $102,000
  • Net Operating Income $80,956

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,613

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Multi-Family
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 256.2
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5160
  • Sq Ft - Apx Total Finished: 5160
  • Year Built: 1986
  • Remarks Public: Great Opportunity for a cash Flowing investment! Two separate Buildings, Six units in one building and two Units in the other. A total of 8 Residential Great Opportunity for a cash Flowing investment! Two separate Buildings, Six units in one building and two Units in the other. A total of 8 Residential Units within less than One Mile to North Beach. This Property is Privately set back off of the road and has more than enough parking to accommodate multiple cars. Large One acre Lot. Utilities are virtually all separate and run off of Natural gas. The two unit building is an older structure built in 1900 while the larger six unit building is a newer structure was erected in 1986. The six unit building consists of six 2 bedroom units most of which have seen recent updates. Two unit building consists of a large 3 bedroom unit and a smaller 1 bedroom unit both of which have been updated. There is also a coin operated laundry room on site. Please schedule showings online, delayed showings to begin Saturday 9/11.
  • List Agent: 16925
  • L O1 Homesnapcom: Yes
  • S O1 Homesnapcom: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Crawl Space, Partial, Unfinished
  • Sq Ft - Apx Finished AG: 5160

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Concrete, Stone
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Easements: Yes

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Forced Air, Hot Water
  • Separate Utilities: Yes
  • Utilities: Internet - Cable

Schools

  • School District: Winnacunnet Cooperative
  • Elementary School: Hampton Centre School
  • Middle School: Hampton Academy Junior HS
  • High School: Winnacunnet High School
  • Elementary School: Hampton Centre School
  • High School: Winnacunnet High School

Lot Info

  • Map: 208
  • Lot: 000
  • Lot Sq Ft: 43560
  • Lot Acres: 1
  • Lot Description: Landscaped, Level
  • Surveyed: Yes
  • Surveyed By: Ambit Engineering
  • Zoning: RA
  • Deed Book: 5767
  • Deed Page: 2196
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 102000
  • Net Income: 80956
  • Total Units: 8
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 6
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 10613
  • Tax Year: 2020

MLS Schools

  • School District: Winnacunnet Cooperative
  • School Middle Jr: Hampton Academy Junior HS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $1,322,000 +5.8% $256 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $1,250,000 -- $242 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4881232

PrimeMLS