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East Merrimack 03054
17 Lantern Lane
Listed by: Andrew Hillman, Hillman Real Estate, Selling Office: Hillman Real Estate, Listing Courtesy of Prime MLS
$255,000
● House - Off Market

17 Lantern Lane

Merrimack, NH 03054
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,103 Ft²
$464,834
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

Completely renovated! Everything is new. New kitchen with granite. Finished lower level. Level landscaped lot. Excellent commuter location in established neighborhood.
Unit Size
2,103 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$125
Property Type
House
Property Taxes
$292
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 #4419893)

Price History

Date / Event Date Event Price
Jan 19, 2021 Sold
Premium
Sold
Sep 8, 2020 Listed by Hillman Real Estate $389,900
Listed by Hillman Real Estate
Aug 7, 2015 Sold
Premium
Sold
May 8, 2015 Listed by Hillman Real Estate $261,900
Listed by Hillman Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 19
  • 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: 1,172
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,682
  • Total Building Area: 1,996
  • Gross Building Area: 2,792
  • Building Area: 1,996
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,996
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000360
  • 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:000043 S:000000
  • Lot: 43
  • Municipality: MERRIMACK
  • Latitude: 42.8862
  • Longitude: -71.4707

    Address

  • Full Address: 17 Lantern Ln
  • Address - House Number: 17
  • 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: $704,100

    Appraisal Valuation

  • Standard Deviation: 0.1356
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 84
  • Final Value: 512,619
  • High Value: 582,171
  • Low Value: 443,067

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $362,000
  • Assessed Land Value: $177,000
  • Assessed Improvements Value: $185,000

    Sales

  • Current Sale Contract Date: Jan 13, 2021
  • Current Sale Recording Date: Jan 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 210003621
  • Previous Sale Recording Date: Aug 07, 2015
  • Previous Sale Amount: $254,000
  • Previous Sale Document Type: 71
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:

$349,999

Sale Price/ft²

$232

Above Asking

0.00%

Average Days on Market

40

Average Home Size

1769 ft²

Average Home Age

67.6 years

Currently For Sale

11 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 3981 Old Brown, Manchester, 03105

$1,799 /mo

  • 2 Beds
  • 1 Bath
  • 720 ft²
3981 Old Brown #77, Manchester, 03105 Listing by Ronald Dupont

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Andrew Hillman, Hillman Real Estate
Last Updated Date: 2015-08-13
Last Checked: 2 hours ago
Data Source: Prime MLS, MLS# 4419893
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 17 Lantern Lane built and last sold?
The property at 17 Lantern Lane was built in 1965 and last sold on Jan 13, 2021 for $390,000.
How much is this home worth?
The estimated value of the home located at 17 Lantern Lane is $397,484.
What are some comparable homes to 17 Lantern Lane?
There are currently no comparable homes to 17 Lantern Lane.
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