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Merrimack
197 Bridge Road
Listed by: Steve Cotran, RE/MAX Area Real Estate Network LTD, Selling Office: Century 21 Country Lakes Realty, Listing Courtesy of Prime MLS
$129,900
● House - Off Market

197 Bridge Road

Andover, NH 03216
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,656 Ft²
$279,706
RealtyHop Estimate
115.32%
Since Jul 1, 2012
National-US
Primary Model

About This Property

Ranch located on nice lot in quiet rural setting. Master bedroom with bath. Finished lower level. Eat-in kitchen. Skylight. Seller to provide a 2 year homeowner warranty. This property is eligible for Freddie Mac First Look Initiative through 3/24/2011.
Unit Size
1,656 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$78
Property Type
House
Property Taxes
$274
HOA Dues
-
Year Built
1972

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 #4139327)

Price History

Date / Event Date Event Price
Aug 1, 2022 Sold
Premium
Sold
Jun 23, 2022 Listed by RE/MAX Area Real Estate Network LTD $289,900
Listed by RE/MAX Area Real Estate Network LTD
Jun 27, 2012 Sold
Premium
Sold
Mar 7, 2012 Listed by RE/MAX Area Real Estate Network LTD $129,900
Listed by RE/MAX Area Real Estate Network LTD
Mar 2, 2012 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 47,916
  • Total Building Area: 1,775
  • Gross Building Area: 2,940
  • Building Area: 1,775
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,775
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001100
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • School Tax School District: ANDOVER
  • Census Tract: 042500

Zoning

  • Zoning: AR R

Geography

  • Parcel: ANDV M:00013 B:000411 L:000586
  • Block: 411
  • Lot: 586
  • Municipality: ANDOVER
  • Latitude: 43.4251
  • Longitude: -71.8351

    Address

  • Full Address: 197 Bridge Rd
  • Address - House Number: 197
  • Address - Street Name: Bridge
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Andover
  • Carrier Code: R002
  • 4-Digit Zip Code: 3515
  • Zip Code: 03216

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $432,100

    Appraisal Valuation

  • Standard Deviation: 0.2042
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 72
  • Final Value: 315,174
  • High Value: 379,551
  • Low Value: 250,798

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $188,300
  • Assessed Land Value: $61,600
  • Assessed Improvements Value: $126,700

    Sales

  • Current Sale Contract Date: Jul 29, 2022
  • Current Sale Recording Date: Aug 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202200014956
  • Previous Sale Recording Date: Jun 27, 2012
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: O
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 Merrimack

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$203

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3233 ft²

Average Home Age

71.9 years

Currently For Sale

338 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: Steve Cotran, RE/MAX Area Real Estate Network LTD
Last Updated Date: 2022-06-19
Last Checked: 2 hours ago
Data Source: Prime MLS, MLS# 4139327
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 197 Bridge Road built and last sold?
The property at 197 Bridge Road was built in 1972 and last sold on Jul 29, 2022 for $295,000.
How much is this home worth?
The estimated value of the home located at 197 Bridge Road is $297,242.
What are some comparable homes to 197 Bridge Road?
There are currently no comparable homes to 197 Bridge Road.
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