Listed by: Elaine Engelhardt, Coldwell Banker Realty Portsmouth NH, Selling Office: BHG Masiello Manchester, Listing Courtesy of Prime MLS
$179,000
●
Condo -
Off Market
2 Cascade Circle #2
Merrimack, NH 03054
2 Beds
2 Baths
1,676 Ft²
$338,087
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model
About This Property
A well established 55+ community. Townhouse style, offering 1st or
2nd level master bedrooms. Fully applianced kitchen, living room
with gas fireplace and cathedral ceiling, gas heat, 1st level
laundry area, 2nd level with full width, finished and heated,
storage area. Stair lift capability. 1 car over sized garage with
more storage. Walking trail along river, clubhouse. Only 1 owner
required to be 55 or older. Immediate occupancy!!
Unit Size
1,676 Ft²
Days on Market
-
Land Size
-
Price per sqft
$113
Property Type
Condo
Property Taxes
$373
HOA Dues
$235
Year Built
2004
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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: 3 years ago (Prime MLS #4378050)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 2015 | Sold | ||
| Sold | |||
| Aug 14, 2014 | Listed by Coldwell Banker Realty Portsmouth NH | $189,900 | |
| Listed by Coldwell Banker Realty Portsmouth NH | |||
Property Highlights
Fireplace
Garage
Parking Details
Has Garage
Parking Features: Auto Open, Direct Entry, Attached
Garage: 1 Spaces
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Interior Features: Blinds, Cathedral Ceiling, Ceiling Fan, Fireplace - Gas, Primary BR w/ BA, Walk-in Closet, Walk-in Pantry, Laundry - 1st Floor
Appliances: Dishwasher, Dryer, Microwave, Range - Gas, Refrigerator, Washer, Water Heater–Natural Gas
Has Basement: Yes
Basement Features: Daylight, Full, Partial, Partially Finished, Stairs - Interior
Exterior Details
Construction Status: Existing
Construction Materials: Vinyl Exterior
Construction Materials: Concrete
Roof: Shingle - Other
Exterior Features: Deck
Lot Features: Condo Development, Landscaped, Walking Trails
Financial Details
Taxes Gross Amount: $4,478
Utilities Details
Electric information: Circuit Breaker(s)
Cooling Type: Central AC
Sewer Features: Public
Water Source: Public
Location Details
Location: Turkey Hill to West Chamberlin to end.
Zoning Information: residential
HOA Details
Association Fee2: $235
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/14/2014
|
2 Bed
|
2 Bath
|
1676 ft²
|
$189,900
2 Bed
2 Bath
1676 ft²
|
$179,000
-5.74%
06/12/2015
|
Elaine Engelhardt
Bean Group / Portsmouth
|
Building Info
About Hillsborough
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Listed by: Elaine Engelhardt, Coldwell Banker Realty Portsmouth NH
Last Updated Date: 2015-12-11
Last Checked: 9 hours ago
Data Source: Prime MLS, MLS# 4378050
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.
Last Updated Date: 2015-12-11
Last Checked: 9 hours ago
Data Source: Prime MLS, MLS# 4378050
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