$525,000
SOLD MAY 10, 2022

8 Island Path Hampton, NH 03842

4 Beds
2 Baths
880 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$597 Per Sq Ft

24% Above List Price

5 Days on Market

Highlights

  • High Speed Internet
  • Level Lot
  • Mini Split Air Conditioners
  • Adeline C. Marston Elementary School Rated A-

About This Home

As of May 2022

Are you looking to enjoy your summer at the beach and make some money while you're at it? Or how about just add to your investment portfolio? With an almost 11% cap, this duplex is an incredible find! Less than a minute from the sand and fully furnished with many updates over the past few years, there is nothing to do here but make that money! Incredible winter rental tenants would love to come back next year and the seller is already booking for this summer. Grab this adorable property now and start making money right away! Delayed showings until open house on Saturday March 26th from 12-2pm.

Last Agent to Sell the Property

Trish Carey

KW Coastal and Lakes & Mountains Realty License #071071 Listed on: 03/22/2022

KW Coastal and Lakes & Mountains Realty

Last Buyer's Agent

Alex Dumas

Keller Williams Realty Evolution License #078369

Keller Williams Realty Evolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,565

Year Built

  • Built in 1910

Lot Details

  • 1,307 Sq Ft Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

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

Interior Spaces

  • 2-Story Property

Utilities

  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • 100 Amp Service
  • Gas Available at Street
  • Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Block 25

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $14,636
  • Gross Income $60,902
  • Net Operating Income $46,266

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,565

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Flood Zone: Yes
  • Assessment Amount: 274500
  • Assessment Year: 2021
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 596.59
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 1224
  • Sq Ft - Apx Total Finished: 880
  • Year Built: 1910
  • Remarks Public: Are you looking to enjoy your summer at the beach and make some money while you're at it? Or how about just add to your investment portfolio? With an almost 11% cap, this duplex is an incredible find! Less than a minute from the sand and fully furnished with many updates over the past few years, there is nothing to do here but make that money! Incredible winter rental tenants would love to come back next year and the seller is already booking for this summer. Grab this adorable property now and start making money right away! Delayed showings until open house on Saturday March 26th from 12-2pm.
  • List Agent: 27344
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Sq Ft - Apx Finished AG: 880
  • Sq Ft - Apx Unfinished AG: 344

Exterior Features

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

Utilities

  • Electric: 100 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: On Demand
  • Heating Fuel: Electric
  • Heating: Mini Split
  • Cooling: Mini Split
  • Utilities: Gas - At Street, High Speed Intrnt -Atsite

Lot Info

  • Map: 282
  • Lot: 0000
  • Lot Sq Ft: 1307
  • Lot Acres: 0.03
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: BS
  • Deed Book: 5969
  • Deed Page: 2739
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 60902
  • Net Income: 46266
  • Total Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 4565
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
May 10, 2022
Sold by
Scagliotti Diane
Bought by
Veno Bryan
Seller's Agent
Trish Carey
KW Coastal and Lakes & Mountains Realty
Buyer's Agent
Alex Dumas
Keller Williams Realty Evolution
List Price
$425,000
Sold Price
$525,000
Premium/Discount to List
$100,000
23.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%
Original Mortgage
$367,500
Outstanding Balance
$348,325
Interest Rate
4.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$260,972

Purchase Details

Listed on
Sep 16, 2018
Closed on
Dec 17, 2018
Sold by
Holy Mackerel Llc
Bought by
Scagliotti Diane
Seller's Agent
Keper Connell
The Aland Realty Group
Buyer's Agent
Keper Connell
The Aland Realty Group
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.95%
Original Mortgage
$270,019
Interest Rate
4.9%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 15, 2013
Closed on
Nov 15, 2013
Sold by
Tsaltas George and Tsaltas Mary Bernadette
Bought by
Holy Mackerel Llc
Seller's Agent
Kathy Macgregor
McGuirk Properties, LLC
Buyer's Agent
Rosalie Andrews
Engel & Volkers Portsmouth
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%

Purchase Details

Closed on
Apr 12, 2002
Sold by
Sanborn Debra A
Bought by
Tsaltas George

Purchase Details

Closed on
Apr 25, 2001
Sold by
Thomas Richard H and Thomas Merrianne
Bought by
Sanborn Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,300
Interest Rate
6.88%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $525,000 None Available
Warranty Deed $525,000 None Available
Warranty Deed $275,000 --
Warranty Deed $275,000 --
Warranty Deed $185,000 --
Warranty Deed $185,000 --
Warranty Deed $102,000 --
Warranty Deed $102,000 --
Warranty Deed $97,000 --
Warranty Deed $97,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $367,500 Purchase Money Mortgage
Closed $367,500 Purchase Money Mortgage
Previous Owner $14,475 FHA
Previous Owner $270,717 FHA
Previous Owner $270,019 FHA
Previous Owner $87,300 No Value Available
Closed $0 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Price Changed $599,000 -2.1% $576 / Sq Ft
06/17/2025 06/17/25 Price Changed $612,000 -2.1% $588 / Sq Ft
04/14/2025 04/14/25 For Sale $625,000 0.0% $601 / Sq Ft
04/12/2025 04/12/25 Off Market $625,000 -- --
04/11/2025 04/11/25 For Sale $625,000 +19.0% $601 / Sq Ft
05/10/2022 05/10/22 Sold $525,000 +23.5% $597 / Sq Ft
03/27/2022 03/27/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $425,000 +54.5% $483 / Sq Ft
12/17/2018 12/17/18 Sold $275,000 -3.5% $229 / Sq Ft
11/07/2018 11/07/18 Pending -- -- --
10/19/2018 10/19/18 For Sale $285,000 0.0% $238 / Sq Ft
10/07/2018 10/07/18 Pending -- -- --
09/16/2018 09/16/18 For Sale $285,000 0.0% $238 / Sq Ft
10/17/2016 10/17/16 Rented $1,000 -99.9% --
10/17/2016 10/17/16 For Rent $1,000,000 0.0% --
11/15/2013 11/15/13 Sold $185,000 -7.5% $210 / Sq Ft
10/09/2013 10/09/13 Pending -- -- --
08/15/2013 08/15/13 For Sale $199,900 -- $227 / 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 $6,373 $517,300 $346,600 $170,700
2023 $4,643 $277,200 $169,500 $107,700
2022 $4,331 $273,400 $169,500 $103,900
2021 $4,331 $273,400 $169,500 $103,900
2020 $4,163 $261,300 $169,500 $91,800
2019 $4,183 $261,300 $169,500 $91,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4901775

PrimeMLS

APN: HMPT M:282 B:25