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East Merrimack 03054
11 Lantern Lane
Listed by: Nicole Garrity, Keller Williams Realty-Metropolitan, Selling Office: Keller Williams Realty Success, Listing Courtesy of Prime MLS
$330,000
● House - Off Market

11 Lantern Lane

Merrimack, NH 03054
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,136 Ft²
$368,940
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Come make this Merrimack Ranch your own! Three bedroom, 1 bath home, situated on .36 acres. Located in a residential area, with easy access to the Everett Turnpike, pharmacy, cafes, garden centers, and restaurants! This property will need some work, but is a great opportunity for the right buyer! It already has central AC, a 2 car attached garage, and new windows!  There are hardwood floors, a nice dining room addition off the back, and a deck overlooking the fenced in yard. Washer/Dryer on the main level. Partially finished basement, and a shed for outdoor storage.
Unit Size
1,136 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$286
Property Type
House
Property Taxes
$364
HOA Dues
-
Year Built
1965

Payment Calculator (Computations Provided by RealtyHop)

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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: 3 years ago (Prime MLS #4878626)

Price History

Date / Event Date Event Price
Sep 23, 2021 Sold
Premium
Sold
Aug 19, 2021 Listed by Keller Williams Realty-Metropolitan $325,000
Listed by Keller Williams Realty-Metropolitan

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 7
  • Basement Area: 912
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,943
  • Total Building Area: 1,589
  • Gross Building Area: 3,308
  • Building Area: 1,589
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,589
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000366
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Merrimack School District
  • School Tax School District: MERRIMACK
  • Census Tract: 014101

Zoning

  • Zoning: RESIDE

Geography

  • Assessors Map Reference: 6E-2
  • Parcel: MRMK M:06E-2 L:000045 S:000000
  • Lot: 45
  • Municipality: MERRIMACK
  • Latitude: 42.8866
  • Longitude: -71.4714

    Address

  • Full Address: 11 Lantern Ln
  • Address - House Number: 11
  • Address - Street Name: Lantern
  • Address - Suffix Type: Ln
  • State: NH
  • City Name: Merrimack
  • Carrier Code: R011
  • 4-Digit Zip Code: 2707
  • Zip Code: 03054

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $584,300

    Appraisal Valuation

  • Standard Deviation: 0.1479
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 82
  • Final Value: 423,609
  • High Value: 486,292
  • Low Value: 360,926

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $300,400
  • Assessed Land Value: $169,400
  • Assessed Improvements Value: $131,000

    Sales

  • Current Sale Contract Date: Sep 23, 2021
  • Current Sale Recording Date: Sep 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 210064920
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 East Merrimack

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1769 ft²

Average Home Age

63.2 years

Currently For Sale

13 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 16 Depot, Merrimack, 03054

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,603 ft²
16 Depot, Merrimack, 03054 Listing by Thiago Gomes
Unit for rent at 7 Mockingbird, Merrimack, 03054

$3,950 /mo

  • 3 Beds
  • 2 Baths
  • 2,282 ft²
7 Mockingbird, Merrimack, 03054 Listing by Sharon Corr

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Nicole Garrity, Keller Williams Realty-Metropolitan
Last Updated Date: 2021-09-23
Last Checked: 9 hours ago
Data Source: Prime MLS, MLS# 4878626
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.

Frequently Asked Questions

When was property at 11 Lantern Lane built and last sold?
The property at 11 Lantern Lane was built in 1965 and last sold on Sep 23, 2021 for $330,000.
How much is this home worth?
The estimated value of the home located at 11 Lantern Lane is $0.
What are some comparable homes to 11 Lantern Lane?
There are currently no comparable homes to 11 Lantern Lane.
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