7 Concord Avenue, Hampton, NH, 03842 | $875,000

PRICE IMPROVEMENT! Now offered at $875, 000. Imagine starting your morning on the front porch with a cup of coffee in hand, feeling the ocean breeze and planning a day at Hampton Beach. After a day in the sun, relax on the enclosed porch or outdoor deck and enjoy the coastal lifestyle that makes Hampton Beach such a sought-after destination. Fully furnished and packed with flexibility, this Hampton Beach property offers the perfect opportunity for year-round living, a vacation getaway, or an investment property. Currently operating as a successful short-term rental with a strong rental history, the home gives buyers the option to continue hosting guests, enjoy personal use, or create their own beachside escape. Located near the beginning of the Hampton Beach strip on the same side as the beach, this property offers convenient access to the shoreline along with nearby restaurants, shopping, entertainment, and everything Hampton Beach has to offer. Tucked into a neighborhood setting while still close to the action, the location offers a great balance of convenience and coastal atmosphere. Inside, the home features a comfortable and functional layout designed for easy beach living, including a spacious family room, open dining area with additional bar seating, and an enclosed lower porch ideal for relaxing after a day by the ocean. Outdoor deck and porch areas provide additional space for entertaining or unwinding, while the bathroom with exterior access adds convenience during the summer months. Part of a two-unit condominium association with no HOA fee, this property offers the benefit of lower taxes compared to many nearby beach properties. Three off-street parking spaces provide added convenience, a rare feature this close to the beach. Whether you’re searching for an investment opportunity, seasonal retreat, or year-round home, this property offers a unique combination of flexibility, location, and coastal charm.

Features

  • Parking: Driveway,Off-Site
  • Heating: Natural Gas,Forced Air
  • Cooling: Central AC
  • Rooms: 7
  • Bedrooms: 4
  • Baths: 2 full
  • Complex: Island Cottage
  • Year Built: 1930
  • Approx Sq. Feet: 1,216
  • Acreage: 0.11
  • Est. Taxes: $8,818
  • Lot Desc: Corner
  • Elem. School: Hampton Centre School
  • Middle School: Hampton Academy Junior HS
  • High School: Winnacunnet High School
  • School District: Hampton School District
  • MLS#: 5087035
  • Website: https://www.raveis.com
    /prop/5087035/7concordavenue_hampton_nh?source=qrflyer
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Listing courtesy of Coldwell Banker Realty   Phone: 603-334-1900
Listing Agent: Amie Donnelly

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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7 Concord Avenue, Hampton, NH, 03842

$875,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $700,000 $700,000 $700,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.000% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.121% 6.183%
Monthly Tax Payment $735 $735 $735
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,975 $4,197 $5,907
Total Monthly Payment $4,802 $5,024 $6,734

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.