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Hillsborough 03054
116 joppa Road
Listed by: Chris Payne, Mill City Realty, Selling Office: BHHS Verani Londonderry, Listing Courtesy of Prime MLS
$620,000
● House - Off Market

116 joppa Road

Merrimack, NH 03054
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,760 Ft²
$620,939
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Gambrel-style home on oversized corner lot. Yard has beautiful gardens, and established lawn with irrigation system. Home itself has 4 bedrooms, 2 baths, large family room, and 3 season porch. Two stall garage with bonus room above. Kitchen includes stainless steel appliances, and granite countertops. Recent updates include new furnace, water heater, newer windows, exterior paint, and newer wood stove.
Unit Size
2,760 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$225
Property Type
House
Property Taxes
$640
HOA Dues
-
Year Built
1972

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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 years ago (Prime MLS #4951374)

Price History

Date / Event Date Event Price
Jun 30, 2023 Sold
Premium
Sold
May 4, 2023 Listed by Mill City Realty $619,900
Listed by Mill City Realty

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 936
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,829
  • Total Building Area: 3,559
  • Gross Building Area: 7,480
  • Building Area: 3,559
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,559
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000570
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Merrimack School District
  • School Tax School District: MERRIMACK
  • Census Tract: 014201

Zoning

  • Zoning: RESIDE

Geography

  • Assessors Map Reference: 6C
  • Parcel: MRMK M:0006C L:000132 S:000000
  • Lot: 132
  • Municipality: MERRIMACK
  • Latitude: 42.8866
  • Longitude: -71.5151

    Address

  • Full Address: 116 Joppa Rd
  • Address - House Number: 116
  • Address - Street Name: Joppa
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Merrimack
  • Carrier Code: R008
  • 4-Digit Zip Code: 3108
  • Zip Code: 03054

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $938,300

    Appraisal Valuation

  • Standard Deviation: 0.0859
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 93
  • Final Value: 624,393
  • High Value: 678,052
  • Low Value: 570,734

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $482,400
  • Assessed Land Value: $203,300
  • Assessed Improvements Value: $279,100

    Sales

  • Current Sale Contract Date: Jun 30, 2023
  • Current Sale Recording Date: Jun 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 230020783
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 Hillsborough

Stats & Trends

Median Asking:

$524,999

Sale Price/ft²

$214

Below Asking

0.01%

Average Days on Market

50

Average Home Size

3427 ft²

Average Home Age

59.6 years

Currently For Sale

960 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

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Prime

Listed by: Chris Payne, Mill City Realty
Last Updated Date: 2023-07-02
Last Checked: less than 1 hour ago
Data Source: Prime MLS, MLS# 4951374
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 116 Joppa Road built and last sold?
The property at 116 Joppa Road was built in 1972 and last sold on Jun 30, 2023 for $620,000.
How much is this home worth?
The estimated value of the home located at 116 Joppa Road is $0.
What are some comparable homes to 116 Joppa Road?
There are currently no comparable homes to 116 Joppa Road.
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