9
Map
Listed by: Shelbie Shepherd, C.G. Shepherd Realty, LLC, 603-863-3278, Listing Courtesy of Prime MLS
$580,000
↓ $20K (3.3%)
●
House -
For Sale
36 Spring
Newport, NH 03773
7 Beds
4 Baths,
1
Half Bath
4,930 Ft²
$3,577
Est. Monthly
About This Property
Large home offering a total of 7 bedrooms, ideal for
investors or multi-generational families seeking space and
flexibility. The spacious 4-bedroom unit features an updated
kitchen with modern finishes and hardwood floors throughout,
providing both comfort and durability. Generous room sizes and
functional layouts allow for privacy while still keeping everyone
under one roof. This property offers strong income potential for
investors or the option to accommodate extended family living with
separate units. A versatile home with long-term value!
Unit Size
4,930 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$118
Property Type
House
Property Taxes
$729
HOA Dues
-
Year Built
-
Listed By
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 months ago (Prime MLS #5077387)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 15, 2026 | Price Decreased |
$580,000
↓ $20K
(3.3%) | |
| Price Decreased | |||
| Feb 24, 2026 | Listed by C.G. Shepherd Realty, LLC | $600,000 | |
| Listed by C.G. Shepherd Realty, LLC | |||
| Jan 4, 2026 | Listed by C.G. Shepherd Realty, LLC | $600,000 | |
| Listed by C.G. Shepherd Realty, LLC | |||
   | |||
|
Large multifamily home offering a total of 7 bedrooms, ideal for investors or multi-generational families seeking space and flexibility. The spacious 4-bedroom unit features an updated kitchen with modern finishes and hardwood floors throughout, providing both comfort and durability. Generous room sizes and functional layouts allow for privacy while still keeping everyone under one roof. This property offers strong income potential for investors or the option to accommodate extended family living with separate units. A versatile home with long-term value!
| |||
Property Highlights
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Flooring Type: Carpet, Hardwood, Laminate
Rooms: 12
Basement: Yes
Exterior Details
Square Footage: 4930
Architectural Style: Multi-Family
Year Built: 1945
Construction Materials: Wood Siding
Lot Features: In Town, Near Shopping
Lot Size Area: 30928
Lot Size Units: Square Feet
Lot Size Acres: 0.71
Lot Size Square Feet: 30928
Water Source: Public
Financial Details
Tax Annual Amount: $8,747
Utilities Details
Cooling Type: None
Heating Type: Baseboard
Sewer : Public Sewer
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Newport
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Listed by: Shelbie Shepherd, C.G. Shepherd Realty, LLC
Last Updated Date: 2026-07-15
Last Checked: 4 hours ago
Data Source: Prime MLS, MLS# 5077387
Copyright 2026 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
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated Date: 2026-07-15
Last Checked: 4 hours ago
Data Source: Prime MLS, MLS# 5077387
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