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Presented by
Linda Edelwich - Linda Edelwich Team |
2 Island Path, Hampton, NH, 03842 | $1,895,000
Welcome to your dream investment opportunity at this unique multi-family property near scenic Hampton Beach. Featuring five detached seasonal cottages, each boasting its own beach charm. This listing is primed for those looking to step into the rental market or expand their portfolio. Nestled in a vibrant community, this property includes four 3-bedroom units and one 2-bedroom unit. Each unit provides two parking spots, eliminating the usual seaside scramble for parking spaces. Recently, two of the cottages received new roofs, and most appliances have been updated, blending modern conveniences with quaint architectural styles. The 2024 exterior paint refresh promises to enhance curb appeal. Situated mere steps from Hampton Beach and all of it's shopping, dining and entertainment options including the Sea Shell Stage as well as the lively Casino Ballroom, This is a highly desirable location for seasonal renters or vacationers. A pending approval for condominium conversion suggests an exciting potential for future growth and adaptation, making now an ideal time to dive into this lucrative investment. With a stellar rental history, this property is not just a purchase but an enduring legacy at one of Hampton's most beloved locales. Don't miss out on reaping the rewards of Seacoast charm paired with rental income potential!
Features
- Rooms: 24
- Bedrooms: 14
- Baths: 5 full
- Units: 5
- Style: Cottage/Camp
- Year Built: 1930
- Heating: Wall Units
- Cooling: None
- Approx Sq. Feet: 2,851
- Acreage: 0.25
- Est. Taxes: $11,767
- Lot Desc: Level
- Elem. School: Adeline C. Marston School
- Middle School: Hampton Academy Junior HS
- High School: Winnacunnet High School
- School District: Hampton School District
- MLS#: 5033435
- Website: https://www.raveis.com
/prop/5033435/2islandpath_hampton_nh?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. 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. Data last updated 4/11/2025
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Linda Edelwich - Linda Edelwich TeamSales Vice President
860.818.3610
Linda.Edelwich@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
David LewisVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 49042
978.423.2254
David.Lewis@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Heidi SummaRegional SVP Insurance Sales, William Raveis Insurance
860.919.8074
Heidi.Summa@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
2 Island Path, Hampton, NH, 03842
$1,895,000
Linda Edelwich - Linda Edelwich Team
Sales Vice President
William Raveis Real Estate
Phone: 860.818.3610
Linda.Edelwich@raveis.com
David Lewis
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.423.2254
David.Lewis@raveis.com
NMLS Mortgage Loan Originator ID 49042
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,516,000 | $1,516,000 | $1,516,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.663% | 6.764% | 6.435% |
| Monthly Tax Payment | $981 | $981 | $981 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,727 | $9,707 | $12,999 |
| Total Monthly Payment | $9,833 | $10,813 | $14,105 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NH Mortgage Banker #11083-MB