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Essex
11 Heath Rd
$470,000
● House - Off Market

11 Heath Rd

Merrimac, MA 01860
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,908 Ft²
$716,559
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Nestled in the trees on private acre lot; Beautiful  3-4 bedroom immaculate Garrison Colonial. High end appliances enhance the gorgeous kitchen. Enjoy the holidays entertaining on the large island.  Hardwood floors throughout the first floor, living room offers a whitewashed fireplace for cool winter nights. 1st flr laundry, updated tile/granite baths, wood doors/molding. Master Suite, custom closets. New siding/brick/granite stairs. New septic Sep 2011. Lovingly maintained. Walk-up attic for expansion. Pentucket School District.
Unit Size
1,908 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$257
Property Type
House
Property Taxes
$450
HOA Dues
-
Year Built
1988

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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: 5 months ago (MLSPIN #72574901)

Price History

Date / Event Date Event Price
Dec 13, 2019 Sold
Premium
Sold
Oct 3, 2019 Listed by Coldwell Banker Residential Brokerage - Haverhill $489,900
Listed by Coldwell Banker Residential Brokerage - Haverhill
Jul 13, 2012 Sold
Premium
Sold
Apr 10, 2012 Listed by Coldwell Banker Residential Brokerage - Haverhill $349,900
Listed by Coldwell Banker Residential Brokerage - Haverhill

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 936
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,908
  • Gross Building Area: 3,988
  • Building Area: 1,908
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,908
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: AR

Geography

  • District: 180
  • Parcel: MERR M:0079 B:0001 L:003-A
  • Block: 1
  • Lot: 3-A
  • Municipality: MERRIMAC
  • Latitude: 42.8308
  • Longitude: -71.0353

    Address

  • Full Address: 11 Heath Rd
  • Address - House Number: 11
  • Address - Street Name: Heath
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Merrimac
  • Carrier Code: C003
  • 4-Digit Zip Code: 1708
  • Zip Code: 01860

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $826,300

    Appraisal Valuation

  • Standard Deviation: 0.1576
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 677,781
  • High Value: 784,441
  • Low Value: 571,120

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $612,100
  • Assessed Land Value: $277,700
  • Assessed Improvements Value: $334,400

    Sales

  • Current Sale Contract Date: Dec 09, 2019
  • Current Sale Recording Date: Dec 13, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 608237
  • Previous Sale Recording Date: Jul 13, 2012
  • Previous Sale Amount: $349,000
  • Previous Sale Document Type: O
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:

$699,899

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2549 ft²

Average Home Age

72.5 years

Currently For Sale

1472 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

Unit for rent at 28 Newton, Plaistow, 03865

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 2,398 ft²
28 Newton, Plaistow, 03865 Listing by Marylou Buckley

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72574901

Frequently Asked Questions

When was property at 11 Heath Road built and last sold?
The property at 11 Heath Road was built in 1988 and last sold on Dec 9, 2019 for $470,000.
How much is this home worth?
The estimated value of the home located at 11 Heath Road is $503,853.
What are some comparable homes to 11 Heath Road?
There are currently no comparable homes to 11 Heath Road.
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