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Middlesex 01463
18 Merrimac Dr
$355,000
● House - Off Market

18 Merrimac Dr

Pepperell, MA 01463
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,692 Ft²
$530,542
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Beautifully maintained turn key Cape style home in sought after neighborhood setting.  Seller has made some beautiful updates including: kitchen with quartz counters and center island breakfast bar open to oversized dining room and front to back living room with fireplace and sliders to deck all with hardwood flooring.   Half bath with laundry completes 1st floor.  Second floor has 3 nicely sized bedrooms MBR with his/her closets. Light and bright full bath completes this floor.  Lower level is nicely finished perfect for additional family space, office or hobbies.  Exterior green space shines!  Well manicured lot completely fenced in the rear yard with shed and deck.  Enjoy all this beautiful home and neighborhood has to offer.  18 Merrimac a wonderful place to call home.
Unit Size
1,692 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$207
Property Type
House
Property Taxes
$361
HOA Dues
-
Year Built
1995

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 5 months ago (MLSPIN #72328301)

Price History

Date / Event Date Event Price
Jun 28, 2018 Sold
Premium
Sold
May 16, 2018 Listed by Coldwell Banker Residential Brokerage - Westford $350,000
Listed by Coldwell Banker Residential Brokerage - Westford
Sep 30, 2004 Sold
Premium
Sold
May 7, 2004 Listed by Coldwell Banker Residential Brokerage - Westford $349,900
Listed by Coldwell Banker Residential Brokerage - Westford
May 22, 1998 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 816
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,999
  • Total Building Area: 1,714
  • Gross Building Area: 2,592
  • Building Area: 1,714
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,714
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000574
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Middlesex School District
  • School Tax School District: N MIDDLESEX SD
  • Census Tract: 327101

Zoning

  • Zoning: RCR

Geography

  • Parcel: PEPP M:0016 B:0147 L:00000
  • Block: 147
  • Municipality: PEPPERELL
  • Latitude: 42.6798
  • Longitude: -71.5616

    Address

  • Full Address: 18 Merrimac Dr
  • Address - House Number: 18
  • Address - Street Name: Merrimac
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Pepperell
  • Carrier Code: R008
  • 4-Digit Zip Code: 1458
  • Zip Code: 01463

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $598,700

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 536,179
  • High Value: 634,747
  • Low Value: 437,612

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $417,200
  • Assessed Land Value: $133,400
  • Assessed Improvements Value: $283,800

    Sales

  • Current Sale Recording Date: Jun 28, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 94057
  • Previous Sale Recording Date: Sep 30, 2004
  • Previous Sale Amount: $349,900
  • Previous 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 Middlesex

Stats & Trends

Median Asking:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2673 ft²

Average Home Age

65.5 years

Currently For Sale

3349 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72328301

Frequently Asked Questions

When was property at 18 Merrimac Drive built and last sold?
The property at 18 Merrimac Drive was built in 1995 and last sold on Jan 1, 1970 for $355,000.
How much is this home worth?
The estimated value of the home located at 18 Merrimac Drive is $375,788.
What are some comparable homes to 18 Merrimac Drive?
There are currently no comparable homes to 18 Merrimac Drive.
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