10 Merrimac Drive
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 26, 2025 | Sold | ||
| Sold | |||
| May 13, 2025 | In contract | - | |
| In contract | |||
| Apr 17, 2025 | Price Decreased |
$674,000
↓ $15K
(2.2%) | |
| Price Decreased | |||
| Apr 3, 2025 | Listed | $689,000 | |
| Listed | |||
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NOW AVAILABLE-10 Merrimac Dr, Pepperell, MA – Located in a desirable and quiet neighborhood, this 5-bedroom, 3-bathroom home offers an ideal combination of space and comfort. The main living area features a cathedral ceiling and a gas fireplace, creating an inviting atmosphere. The expansive main suite includes a private bathroom and a walk-in closet. Equipped with solar panels, this home offers energy savings and sustainability. With a 2-car garage and a driveway that accommodates up to 5 cars, parking is never an issue. Situated on over half an acre, the property provides ample outdoor space. Conveniently located near local amenities, this home is a must-see! First showings at the OPEN HOUSE, SATURDAY April 5th from 11:30am-1:30pm.
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| Oct 1, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017