Essex
2 Heather Circle #2
$445,000
●
Condo -
Off Market
2 Heather Circle #2
Merrimac, MA 01860
Studio
2 Baths
2,080 Ft²
$403,013
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Single family feel in this large duplex with 2,080 square feet of
living area throughout 3 levels plus 616 square feet in finished
lower level. No condo fees, private drive & large yard with
exclusive use. Home sits perfectly in a quaint cul-de-sac
neighborhood. Excellent versatile layout, two bedrooms on
second floor and large master or bonus room on third floor.
Sun drenched large eat-in kitchen w/ access to deck.
Deck leads to the generous fenced in back, side & front yard
offering plenty of open space to entertain & play. Shed has
electricity and water line, ideal for toys and tool storage.
Finished basement ideal for play/game room with laundry.
Town water & sewer, natural gas for heat/hot water & range.
No pet restrictions. Showings during open houses on Saturday,
March 26th 11-1 & Sunday, March 27th 11-1. Offers due by 8pm
on Monday, March 28th.
Unit Size
2,080 Ft²
Days on Market
-
Land Size
-
Price per sqft
$192
Property Type
Condo
Property Taxes
$507
HOA Dues
-
Year Built
1988
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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 years ago (MLSPIN #72955675)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 5, 2022 | Sold | ||
| Sold | |||
| Mar 22, 2022 | Listed by RE/MAX On The River, Inc. | $399,900 | |
| Listed by RE/MAX On The River, Inc. | |||
| Sep 30, 2020 | Sold | ||
| Sold | |||
| Aug 20, 2020 | Listed by WC Residential Realty, LLC | $349,900 | |
| Listed by WC Residential Realty, LLC | |||
| | |||
|
**MERRIMAC, MA - NEW TO THE MARKET** Well Maintained 7 Room, 3+ Bedroom, 1 ½ bath Townhouse Condex boasting over 2,000 S.F. of Finished Area and located in a great Cul-de-Sac Neighborhood. Some Special Features Include: an Open Kitchen including a Large Eating Area with a Slider & Private Rear Deck / a Large Open Concept Living Room with Plenty of Natural Light / the Second Floor features a Master Bedroom - a Spacious Guest Bedroom and a 3rd Room - Ideal for an In-Home Office / a Finished 3rd Floor and a Partially Finished Basement with Great Potential for Additional Living & Storage / FHA Gas Heat / Town Water - Town Sewer & Natural Gas / a Private & Level Fenced in Yard with a manicured Lawn and Garden Shed .. Location .. Location / Affordable Taxes & No Condo Fee make this Extremely Affordable and Exceptional Value. Easy access to Routes 495 & 95, the Commuter Rail, Boston, and 3 Major Airports.
| |||
| Dec 19, 2016 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Fireplace
Interior Details
Level: First
Width: 14
Length: 15
Features: Flooring - Laminate, Countertops - Stone/Granite/Solid, Slider
Area: 210
Level: Second
Level: Second
Features: Flooring - Laminate
Width: 12
Length: 14
Area: 168
Features: Flooring - Laminate
Width: 10
Length: 14
Area: 140
Level: Second
Length: 21
Level: First
Area: 294
Features: Closet, Flooring - Laminate, Window(s) - Bay/Bow/Box, Cable Hookup
Width: 14
Features: Flooring - Laminate
Level: Third
Length: 21
Width: 15
Area: 315
Length: 13
Level: Second
Area: 156
Width: 12
Level: First
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Office
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Gas Water Heater, Utility Connections for Gas Range
Flooring Type: Tile, Wood Laminate
Laundry Features: In Basement, In Unit
Rooms: 7
Has Fireplace
Fireplace Features: Master Bedroom
Basement: Y
Parking Details
Parking Features: Off Street
Exterior Details
Has Property Attached
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condex
Structure Type: Townhouse, Half-Duplex
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: VR
Parcel Number: 2032612
Water Source: Public
Financial Details
Tax Map Number: 11
Tax Assessed Value: $372,000
Tax Annual Amount: $6,078
Utilities Details
Utilities: for Gas Range
Cooling Type: None
Heating Type: Central, Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
Community Features: Park, Walk/Jog Trails
Pets Allowed: Yes
Management: No Management
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 |
|---|---|---|---|---|---|---|---|
|
03/22/2022
|
Loft
|
2 Bath
|
2080 ft²
|
$399,900
Loft
2 Bath
2080 ft²
|
$445,000
+11.28%
05/05/2022
|
Carrie Cole
WC Residential Realty, LLC
| |
|
08/20/2020
|
Loft
|
2 Bath
|
2018 ft²
|
$349,900
Loft
2 Bath
2018 ft²
|
$365,000
+4.32%
09/30/2020
|
Carrie Cole
WC Residential Realty, LLC
| |
|
10/24/2016
|
Loft
|
2 Bath
|
1864 ft²
|
$269,000
Loft
2 Bath
1864 ft²
|
$255,000
-5.20%
12/19/2016
|
Karol Flannery
Bentley's
| |
|
09/26/2007
|
3 Bed
|
2 Bath
|
1248 ft²
|
$269,900
3 Bed
2 Bath
1248 ft²
|
$264,400
-2.04%
02/19/2008
|
Lana Durocher
Coldwell Banker Residential Brokerage - Newburyport
| |
|
09/07/2005
|
3 Bed
|
2 Bath
|
1248 ft²
|
$280,000
3 Bed
2 Bath
1248 ft²
|
$270,000
-3.57%
04/28/2006
|
Pat Macdonald
Keller Williams Realty Evolution
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017