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Essex
18 River Rd
Photo of 18 River Rd
Sold on Nov 13, 2025

41

Map

Photo of 18 River Rd
Photo of 18 River Rd
$675,000
● House - Off Market

18 River Rd

Merrimac, MA 01860
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,920 Ft²
$4,120
Est. Monthly
4.38%
Cap Rate

About This Property

Back on market before inspection even done.   Imagine driving home every day along the Merrimack River with all its beauty. This three bedroom home sits across the street from the river and has so much to offer.  You will love the huge family room with lots of light and gas-fired wood stove.  The main floor is open with hardwood floors and a wood burning fireplace.  Even the three bedrooms have hardwood floors. The lower level has a den or office space with another fireplace. The over-sized two car garage will hold not only your vehicles but there is room for a work bench. The back yard looks like something out of a magazine with an inground swimming pool and gorgeous gardens.  There is a brand-new septic system.  Just look at these pictures!
Unit Size
1,920 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$365
Property Type
House
Property Taxes
$683
HOA Dues
-
Year Built
1967

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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: 11 months ago (MLSPIN #73421332)

Price History

Date / Event Date Event Price
Nov 13, 2025 Sold
Premium
Sold
Oct 10, 2025 In contract -
In contract
Sep 23, 2025 Relisted $699,900
Relisted
Sep 21, 2025 In contract -
In contract
Sep 10, 2025 Price Decreased $699,900
↓ $45K (6.1%)
Price Decreased
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1968
  • 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: 1,248
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 22,181
  • Total Building Area: 1,920
  • Gross Building Area: 2,889
  • Building Area: 1,920
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,920
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000509
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Pentucket School District
  • Census Tract: 262100

Zoning

  • Zoning: AR

Geography

  • District: 180
  • Parcel: MERR M:0053 B:0001 L:007-B
  • Block: 1
  • Lot: 7-B
  • Municipality: MERRIMAC
  • Latitude: 42.818
  • Longitude: -71.0039

    Address

  • Full Address: 18 River Rd
  • Address - House Number: 18
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Merrimac
  • Carrier Code: C002
  • 4-Digit Zip Code: 2228
  • Zip Code: 01860

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $826,700

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 646,836
  • High Value: 749,006
  • Low Value: 544,665

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $612,400
  • Assessed Land Value: $380,500
  • Assessed Improvements Value: $231,900
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 Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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: 11 months ago
Data Source: MLS PIN, MLS# 73421332

Frequently Asked Questions

When was property at 18 River Road built and last sold?
The property at 18 River Road was built in 1967 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 18 River Road is $0.
What are some comparable homes to 18 River Road?
There are currently no comparable homes to 18 River Road.
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