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Hillsborough 03054
120 Joppa Road
Listed by: Christopher Lavallee, RE/MAX Synergy, Selling Office: Imperial Properties, Listing Courtesy of Prime MLS
$330,000
● House - Off Market

120 Joppa Road

Merrimack, NH 03054
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,638 Ft²
$437,414
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Come see this spacious cape with 4 bedrooms and 2 baths for under 350k with room to to grow in the basement that is already partially finished. The basement already includes drywall, heat, and drop ceilings. All you need to do is add some flooring. There have been some nice major updates within the last 10 years including an extremely efficient Buderus boiler, roof, kitchen appliances, deck, and more. Easy to show, as the property is vacant.
Unit Size
1,638 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$201
Property Type
House
Property Taxes
$467
HOA Dues
-
Year Built
1975

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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 #4832190)

Price History

Date / Event Date Event Price
Nov 6, 2020 Sold
Premium
Sold
Oct 2, 2020 Listed by RE/MAX Synergy $330,000
Listed by RE/MAX Synergy
Jun 2, 1992 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,814
  • Total Building Area: 1,937
  • Gross Building Area: 2,988
  • Building Area: 1,937
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,937
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000386
  • 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:000134 S:000000
  • Lot: 134
  • Municipality: MERRIMACK
  • Latitude: 42.8871
  • Longitude: -71.5155

    Address

  • Full Address: 120 Joppa Rd
  • Address - House Number: 120
  • 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: $629,800

    Appraisal Valuation

  • Standard Deviation: 0.1354
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 84
  • Final Value: 460,824
  • High Value: 523,253
  • Low Value: 398,396

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $323,800
  • Assessed Land Value: $165,900
  • Assessed Improvements Value: $157,900

    Sales

  • Current Sale Recording Date: Jun 02, 1992
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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:

$525,000

Sale Price/ft²

$214

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3418 ft²

Average Home Age

60.8 years

Currently For Sale

944 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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Prime

Listed by: Christopher Lavallee, RE/MAX Synergy
Last Updated Date: 2020-11-14
Last Checked: 5 hours ago
Data Source: Prime MLS, MLS# 4832190
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 120 Joppa Road built and last sold?
The property at 120 Joppa Road was built in 1975 and last sold on Jan 1, 1970 for $100,600.
How much is this home worth?
The estimated value of the home located at 120 Joppa Road is $334,879.
What are some comparable homes to 120 Joppa Road?
There are currently no comparable homes to 120 Joppa Road.
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