Seller's Agent in 2023
Alan Croteau
Real Property Options
(603) 491-6570
47 Total Sales
18 West St Newport, NH 03773
Estimated Value: $394,504
11
Beds
6
Baths
3,488
Sq Ft
$113/Sq Ft
Est. Value
Highlights
- Deeded Waterfront Access Rights
- 1 Car Direct Access Garage
- High Speed Internet
- River Front
- Forced Air Heating System
- 3-minute walk to Newport Town Common
About This Home
As of August 2023Don't wait on this one! This property is nicely located, right in the middle of Newport and only 15 minutes to Claremont and 10 minutes to Sunapee. This fully occupied income property has separate electric meters and heating that is paid for directly by the Tenants. 2022 current gross income is proposed to be $58,298 and with the actual 2021 operating expenses; should leave an NOI of approximately $28,298. At the offer price the property is currently available at around a 7.0% cap rate. Detailed financials are available after signing a Confidentiality and Non-Disclosure Agreement.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,561
Year Built
- Built in 1900
Lot Details
- 0.25 Acre Lot
- River Front
- Partially Fenced Property
- Lot Sloped Up
Parking
- 1 Car Direct Access Garage
- Leased Parking
- Gravel Driveway
Home Design
- Concrete Foundation
- Poured Concrete
- Wood Frame Construction
- Shingle Roof
- Membrane Roofing
- Clap Board Siding
- Vinyl Siding
Interior Spaces
- 6 Full Bathrooms
- 2.5-Story Property
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Sump Pump
Outdoor Features
- Deeded Waterfront Access Rights
Schools
- Richards Elementary School
- Newport Middle And High School
- Newport Middle High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Separate Meters
- 220 Volts
- 110 Volts
- Separate Water Meter
- Liquid Propane Gas Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- 7 Units
- Real Property Options Association
Listing and Financial Details
- Tax Lot 149
- 43% Total Tax Rate
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 27, 2022
Closed on
Aug 31, 2023
Sold by
18 West St Llc
Bought by
Vandenberg Invs Llc
Seller's Agent
Alan Croteau
Real Property Options
Buyer's Agent
Elijah VanDenBerg
Realty One Group Next Level
List Price
$409,000
Sold Price
$369,000
Premium/Discount to List
-$40,000
-9.78%
Total Days on Market
303
Views
86
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,504
Avg. Annual Appreciation
4.08%
Original Mortgage
$295,200
Outstanding Balance
$290,147
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$104,357
Purchase Details
Listed on
Mar 13, 2017
Closed on
May 1, 2017
Sold by
Digital Fcu
Bought by
18 West Street Llc
Seller's Agent
Justin Ranney
Coldwell Banker Homes Unlimited
Buyer's Agent
Andreya Berry
Fathom Realty NH
List Price
$189,000
Sold Price
$179,000
Premium/Discount to List
-$10,000
-5.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.07%
Original Mortgage
$156,800
Interest Rate
4.3%
Mortgage Type
Commercial
Purchase Details
Listed on
Mar 13, 2017
Closed on
Mar 1, 2017
Sold by
Houle Edward E and Digital Fcu
Bought by
Digital Fcu
Seller's Agent
Justin Ranney
Coldwell Banker Homes Unlimited
Buyer's Agent
Andreya Berry
Fathom Realty NH
List Price
$189,000
Sold Price
$179,000
Premium/Discount to List
-$10,000
-5.29%
Purchase Details
Closed on
May 16, 2002
Sold by
Option One Mtg
Bought by
Houle Edward
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.15%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vandenberg Invs Llc | $369,000 | None Available | |
| Vandenberg Invs Llc | $369,000 | None Available | |
| 18 West Street Llc | $112,333 | -- | |
| 18 West Street Llc | $112,333 | -- | |
| Digital Fcu | $139,000 | -- | |
| Digital Fcu | $139,000 | -- | |
| Houle Edward | $30,000 | -- | |
| Houle Edward | $30,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vandenberg Invs Llc | $295,200 | |
| Closed | Vandenberg Invs Llc | $295,200 | |
| Previous Owner | 18 West Street Llc | $156,800 | |
| Previous Owner | New London T | $30,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2023 08/31/23 | Sold | $369,000 | 0.0% | $106 / Sq Ft |
| 04/26/2023 04/26/23 | Pending | -- | -- | -- |
| 01/11/2023 01/11/23 | Off Market | $369,000 | -- | -- |
| 07/25/2022 07/25/22 | For Sale | $409,000 | 0.0% | $117 / Sq Ft |
| 07/08/2022 07/08/22 | Pending | -- | -- | -- |
| 06/27/2022 06/27/22 | For Sale | $409,000 | +128.5% | $117 / Sq Ft |
| 04/28/2017 04/28/17 | Sold | $179,000 | -5.3% | $42 / Sq Ft |
| 04/12/2017 04/12/17 | Pending | -- | -- | -- |
| 03/13/2017 03/13/17 | For Sale | $189,000 | -- | $44 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
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 | $9,128 | $375,500 | $63,200 | $312,300 |
| 2023 | $8,854 | $375,500 | $63,200 | $312,300 |
| 2022 | $7,848 | $375,500 | $63,200 | $312,300 |
| 2021 | $6,570 | $199,100 | $35,000 | $164,100 |
| 2020 | $6,590 | $199,100 | $35,000 | $164,100 |
| 2019 | $6,477 | $199,100 | $35,000 | $164,100 |
| 2018 | $6,053 | $199,100 | $35,000 | $164,100 |
| 2017 | $5,981 | $199,100 | $35,000 | $164,100 |
| 2016 | $6,180 | $215,100 | $40,800 | $174,300 |
| 2015 | $6,292 | $215,100 | $40,800 | $174,300 |
| 2014 | $6,806 | $215,100 | $40,800 | $174,300 |
| 2013 | $6,451 | $215,100 | $40,800 | $174,300 |
Source: Public Records
Agents Affiliated with this Home
-
Alan Croteau
-
Rebecca Hastings
Seller Co-Listing Agent in 2023
Rebecca Hastings
Real Property Options
(603) 748-0741
11 Total Sales
-
Elijah VanDenBerg
E
Buyer's Agent in 2023
Elijah VanDenBerg
Realty One Group Next Level
(508) 614-0900
20 Total Sales
-
Justin Ranney
Seller's Agent in 2017
Justin Ranney
Coldwell Banker Homes Unlimited
(603) 398-6263
123 Total Sales
-
Buyer's Agent in 2017
Andreya Berry
Fathom Realty NH
Map
Source: PrimeMLS
MLS Number: 4917813
APN: NWPT-000114-149000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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