14 Merrimack Street
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 29, 2020 | Sold | ||
| Sold | |||
| Sep 29, 2020 | Listed by EXIT Reward Realty | $115,000 | |
| Listed by EXIT Reward Realty | |||
| Aug 12, 2020 | No longer available | - | |
| No longer available | |||
| Jul 2, 2020 | Listed | $109,900 | |
| Listed | |||
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For a limited time only! Rehab needed for this vacation or year-round living home, located on the Merrimack River! Towards the end of the 20th century, this home in a quaint Hooksett neighborhood, was a thriving summer stay. Now, you can invest in this great opportunity! Also included with 14 Merrimack Street is the lot of 19 Merrimack Street, which includes nearly 160 feet of frontage and nearly a quarter acre of private beach and sand bar! Within walking distance of Veteran's Park and the walking bridge, the Hooksett Public Boat Launch and the famous Robie's Country Store. Just 10 minutes from downtown Manchester. The manager has listed the unit size as 768 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017