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Essex
10 Oak Cir
$380,000
● House - Off Market

10 Oak Cir

Merrimac, MA 01860
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,824 Ft²
$573,915
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Lakefront ONE level living. This lovely 3 bedroom ranch has 2 full baths and detached 2 car garage. Now available just as this seasons summertime fun kicks off. Boat lover's paradise. 45 foot dock just waiting for you, vacation year round. Two heart warming wood burning fireplaces after chilly days outside. Enjoy your lake front patio with cool breezes off lake. Amazing opportunity of sweeping lake views from your front door.
Unit Size
1,824 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$197
Property Type
House
Property Taxes
$381
HOA Dues
-
Year Built
1963

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 5 months ago (MLSPIN #72161744)

Price History

Date / Event Date Event Price
Aug 9, 2017 Sold
Premium
Sold
May 10, 2017 Listed by Coldwell Banker Residential Brokerage - Haverhill $359,900
Listed by Coldwell Banker Residential Brokerage - Haverhill
Dec 26, 1996 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 960
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,208
  • Total Building Area: 1,824
  • Gross Building Area: 2,112
  • Building Area: 1,824
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,824
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000097
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Pentucket School District
  • Census Tract: 262100

Zoning

  • Zoning: LA

Geography

  • District: 180
  • Parcel: MERR M:0098 B:0001 L:00918
  • Block: 1
  • Lot: 918
  • Municipality: MERRIMAC
  • Latitude: 42.8443
  • Longitude: -70.9803

    Address

  • Full Address: 10 Oak Cir
  • Address - House Number: 10
  • Address - Street Name: Oak
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Merrimac
  • Carrier Code: C002
  • 4-Digit Zip Code: 1625
  • Zip Code: 01860

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $709,300

    Appraisal Valuation

  • Standard Deviation: 0.1833
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 615,778
  • High Value: 713,043
  • Low Value: 518,513

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $525,400
  • Assessed Land Value: $357,900
  • Assessed Improvements Value: $167,500

    Sales

  • Current Sale Recording Date: Aug 09, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 585150
  • Previous Sale Recording Date: Dec 26, 1996
  • Previous Sale Amount: $158,000
  • Previous Sale Document Type: 43
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Essex

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$383

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2510 ft²

Average Home Age

73.3 years

Currently For Sale

1405 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72161744

Frequently Asked Questions

When was property at 10 Oak Circle built and last sold?
The property at 10 Oak Circle was built in 1963 and last sold on Jan 1, 1970 for $380,000.
How much is this home worth?
The estimated value of the home located at 10 Oak Circle is $384,580.
What are some comparable homes to 10 Oak Circle?
There are currently no comparable homes to 10 Oak Circle.
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