12
Map
131 Merrimack
About This Property
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2026 | Sold | ||
| Sold | |||
| Sep 7, 2026 | In contract | - | |
| In contract | |||
| Aug 2, 2026 | Price Decreased |
$788,000
↓ $51K
(6.1%) | |
| Price Decreased | |||
| Jun 15, 2026 | Listed by BHHS Verani Londonderry | $839,000 | |
| Listed by BHHS Verani Londonderry | |||
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Exceptional New Price! Brand-New Luxury Executive Ranch, Now Complete and Ready for Immediate Occupancy. Set on a private 1.51-acre lot in one of Hooksett's most desirable country settings, this custom-crafted home was proudly built by one of Southern New Hampshire's most respected local builders, offering 1,835 square feet of thoughtfully designed single-level living with 3 bedrooms and 2 full baths. Designed for today's lifestyle, the open-concept floor plan showcases a stunning Great Room with a soaring cathedral ceiling, gas fireplace, and seamless flow into the chef-inspired kitchen featuring granite countertops, quality cabinetry, and an oversized center island perfect for gathering with family and friends. The Primary Suite offers a walk-in closet, custom tile shower with glass enclosure, and a freestanding soaking tub, creating a relaxing private retreat. Hardwood flooring, elegant tile, quality finishes, and an oversized two-car garage reflect the craftsmanship found throughout. Step outside to the welcoming covered front porch or unwind on the expansive composite rear deck overlooking Brown Brook, scenic walking trails, and 44 acres of shared open space. The full walkout lower level provides outstanding potential to nearly double your finished living space. Ideally located just minutes from Manchester, Concord, major highways, shopping, dining, and Manchester-Boston Regional Airport, this move-in-ready home offers the perfect blend of peaceful country living and everyday convenience. Now offered at an exceptional new price, this is a rare opportunity to own brand-new luxury construction without the wait.
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| Apr 4, 2026 | Price Decreased |
$859,900
↓ $20K
(2.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017