NOT LISTED FOR SALE

18 Perkins Ave Hampton, NH 03842

6 Beds
4 Baths
1,944 Sq Ft
2,178 Sq Ft Lot

Last Sold July 12, 2024

Last sale price $725,000 $373 Per Sq Ft

219 Days on Market

About This Home

As of July 2024

Welcome to the beach! Tremendous opportunity to purchase this 4 unit income property just a 2 minute walk to the beach and all of the popular area attractions. The building consists of two 3 bedroom apartments and two studio apartments. Studios have been used as year round and currently have leases in place. 3 bedroom units have been used as weekly, seasonal Airbnb rentals with strong income and track record. Great opportunity to lease out furnished 3 bedrooms in the off season as well for additional income. The building is in great shape and has had many improvements within the past 5 years including roof, updated kitchens and baths, flooring and paint. Separate utilities, town water and sewer, and coin op laundry. Building is in a flood zone. Current flood insurance premium is just $1,367 per year. Both three bedroom units come fully furnished. Come have a look, you won't be disappointed! First Showings at Open House on Sunday 10/22 from 11-1pm.

Last Agent to Sell the Property

Andrew Chapman

Four Points Real Estate Listed on: 10/18/2023

Last Buyer's Agent

Jonathan Keevers

Lamacchia Realty, Inc. License #073559

Lamacchia Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,099

Year Built

  • Built in 1950

Lot Details

  • 2,178 Sq Ft Lot
  • Level Lot

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Batts Insulation
  • Architectural Shingle Roof
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 1,944 Sq Ft Home
  • 2-Story Property

Parking

  • 1 Car Parking Space
  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • Separate Meters
  • 200+ Amp Service
  • Gas Available
  • Internet Available

Listing and Financial Details

  • Tax Block 1

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $15,513
  • Gross Income $72,140
  • Net Operating Income $56,626

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,099

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Ashworth Ave, turn right onto Perkins.
  • Flood Zone: Yes
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 372.94
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 1944
  • Sq Ft - Apx Total Finished: 1944
  • Year Built: 1950
  • List Agent: 286032
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Display On Internet: Internet - Cable
  • Architectural Style: Multi-Family
  • ResoLotFeatures: Level
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater – Gas
  • Total Rooms Above Ground: 13
  • Sq Ft - Apx Finished AG: 1944

Exterior Features

  • Driveway: Paved
  • Foundation: Block w/ Skim Coating
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Membrane, Shingle - Architectural
  • Construction Type: Insulation-FiberglssBatt, Wood Frame, Vinyl Siding

Garage/Parking

  • Parking: Driveway, Off Street, Parking Spaces 1

Utilities

  • Electric: 200 Amp
  • Sewer: Public
  • Heating Fuel: Electric
  • Heating: Electric
  • Separate Utilities: Yes
  • Total Electric Meters: 4
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Utilities: Gas - On-Site
  • Water Source: Public

Lot Info

  • Map: 293
  • Lot Sq Ft: 2178
  • Lot Acres: 0.05
  • Surveyed: Unknown
  • Zoning: RB
  • Deed Book: 6188
  • Deed Page: 1651
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 72140
  • Net Income: 56626
  • Total Full Baths: 4
  • Total Units: 4
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 5099
  • Tax Year: 2022

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft Prior Sale
07/12/2024 07/12/24 Sold $725,000 -7.0% $373 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
04/24/2024 04/24/24 Price Changed $779,900 0.0% $401 / Sq Ft
04/24/2024 04/24/24 For Sale $779,900 -2.5% $401 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
03/14/2024 03/14/24 Price Changed $799,900 -3.6% $411 / Sq Ft
11/28/2023 11/28/23 Price Changed $829,999 -4.5% $427 / Sq Ft
10/18/2023 10/18/23 For Sale $869,000 +85.3% $447 / Sq Ft
10/31/2020 10/31/20 Sold $469,000 -3.3% $246 / Sq Ft View Prior Sale
08/28/2020 08/28/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $485,000 +79.6% $254 / Sq Ft
01/31/2020 01/31/20 Sold $270,000 0.0% $142 / Sq Ft View Prior Sale
01/31/2020 01/31/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $270,000 +25.6% $142 / Sq Ft
08/16/2013 08/16/13 Sold $215,000 -14.0% $107 / Sq Ft View Prior Sale
07/31/2013 07/31/13 Pending -- -- --
05/22/2013 05/22/13 For Sale $250,000 -- $124 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,240 $668,800 $390,800 $278,000
2023 $5,392 $321,900 $173,700 $148,200
2022 $5,099 $321,900 $173,700 $148,200
2021 $5,099 $321,900 $173,700 $148,200
2020 $5,128 $321,900 $173,700 $148,200
2019 $5,154 $321,900 $173,700 $148,200
2018 $4,961 $291,500 $157,900 $133,600
2017 $4,772 $291,500 $157,900 $133,600
2016 $4,687 $291,500 $157,900 $133,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4974679

PrimeMLS