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Hillsborough 03054
18 Madison Lane
Listed by: Maybelle Balsama, BHHS Verani Amherst, Selling Office: Coldwell Banker Realty Nashua, Listing Courtesy of Prime MLS
$275,000
● House - Off Market

18 Madison Lane

Merrimack, NH 03054
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,686 Ft²
$444,345
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Warm and welcoming - Merrimack split entry with a lot to offer it's new owners! Great location for services, commuting, schools and shopping.  Close to highway access and everything you need!  This split entry with large, attached two car garage on a level lot is surrounded by similar, well maintained homes.  Three Bedrooms, Two Baths. Eat-in Kitchen, Formal Dining Room, Living Room with fireplace, cozy Family Room with wood stove, Office, Laundry and Workshop. Flexible use of the 9 rooms to suit your needs! Mudroom connects to garage and easy access from side entrance off driveway. New roof, new high efficiency Rinnai gas furnace, elegant new thermos-rated front door and new low decibel dishwasher.  Walk out to the large deck overlooking level open yard for lots of playtime and entertaining fun around the fire pit!
Unit Size
1,686 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$163
Property Type
House
Property Taxes
$493
HOA Dues
-
Year Built
1971

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 #4622954)

Price History

Date / Event Date Event Price
May 12, 2017 Sold
Premium
Sold
Mar 21, 2017 Listed by BHHS Verani Amherst $275,000
Listed by BHHS Verani Amherst
Jun 30, 1998 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 18
  • 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: 1,056
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 22,477
  • Total Building Area: 2,330
  • Gross Building Area: 3,338
  • Building Area: 2,330
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,330
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000516
  • 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: 5B
  • Parcel: MRMK M:0005B L:000162 S:000000
  • Lot: 162
  • Municipality: MERRIMACK
  • Latitude: 42.8724
  • Longitude: -71.5326

    Address

  • Full Address: 18 Madison Ln
  • Address - House Number: 18
  • Address - Street Name: Madison
  • Address - Suffix Type: Ln
  • State: NH
  • City Name: Merrimack
  • Carrier Code: R014
  • 4-Digit Zip Code: 3019
  • Zip Code: 03054

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $780,500

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 84
  • Final Value: 528,138
  • High Value: 600,032
  • Low Value: 456,244

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $401,300
  • Assessed Land Value: $200,700
  • Assessed Improvements Value: $200,600

    Sales

  • Current Sale Recording Date: May 12, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7020886
  • Previous Sale Recording Date: Jun 30, 1998
  • Previous Sale Amount: $135,000
  • 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 Hillsborough

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$214

Below Asking

0.01%

Average Days on Market

49

Average Home Size

3355 ft²

Average Home Age

58.8 years

Currently For Sale

679 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: Maybelle Balsama, BHHS Verani Amherst
Last Updated Date: 2017-05-13
Last Checked: 6 hours ago
Data Source: Prime MLS, MLS# 4622954
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 18 Madison Lane built and last sold?
The property at 18 Madison Lane was built in 1971 and last sold on Jan 1, 1970 for $275,000.
How much is this home worth?
The estimated value of the home located at 18 Madison Lane is $0.
What are some comparable homes to 18 Madison Lane?
There are currently no comparable homes to 18 Madison Lane.
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