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Hillsborough 03054
231 Baboosic Lake Rd
$237,500
● House - Off Market

231 Baboosic Lake Rd

Merrimack, NH 03054
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,948 Ft²
$413,230
RealtyHop Estimate
75.92%
Since Mar 1, 2016
National-US
Primary Model

About This Property

Move right in to this 3-bedroom, 2-full bath Gambrel home located in desirable Merrimack! The first floor boasts a guest bedroom, granite countertops in kitchen, updated full bath, fireplaced living room and separate dining room with hardwood flooring. The second floor features a spacious master bedroom, additional bedroom, bonus room and full bath. The landscaped yard with mature plantings and deck complete the picture. Welcome Home!
Unit Size
1,948 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$121
Property Type
House
Property Taxes
$504
HOA Dues
-
Year Built
1974

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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: 5 months ago (MLSPIN #71945020)

Price History

Date / Event Date Event Price
Jul 2, 2020 Sold
Premium
Sold
May 10, 2020 Listed by Coldwell Banker Residential Brokerage - Andover $330,000
Listed by Coldwell Banker Residential Brokerage - Andover
Feb 23, 2016 Sold
Premium
Sold
Jan 4, 2016 Listed by Coldwell Banker Residential Brokerage - Andover $234,900
Listed by Coldwell Banker Residential Brokerage - Andover
Dec 23, 2013 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,032
  • Total Building Area: 1,948
  • Gross Building Area: 2,848
  • Building Area: 1,948
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,948
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000919
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Merrimack School District
  • School Tax School District: MERRIMACK
  • Census Tract: 014201

Zoning

  • Zoning: RESIDE

Geography

  • Assessors Map Reference: 6B
  • Parcel: MRMK M:0006B L:000072 S:000000
  • Lot: 72
  • Municipality: MERRIMACK
  • Latitude: 42.8788
  • Longitude: -71.5506

    Address

  • Full Address: 231 Baboosic Lake Rd
  • Address - House Number: 231
  • Address - Street Name: Baboosic Lake
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Merrimack
  • Carrier Code: R010
  • 4-Digit Zip Code: 2346
  • Zip Code: 03054

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $711,700

    Appraisal Valuation

  • Standard Deviation: 0.1185
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 87
  • Final Value: 497,547
  • High Value: 556,512
  • Low Value: 438,582

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $365,900
  • Assessed Land Value: $200,000
  • Assessed Improvements Value: $165,900

    Sales

  • Current Sale Contract Date: Jun 30, 2020
  • Current Sale Recording Date: Jul 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 200034249
  • Previous Sale Recording Date: Feb 23, 2016
  • Previous Sale Amount: $237,533
  • Previous Sale Document Type: 71
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 Hillsborough

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$215

Below Asking

0.01%

Average Days on Market

50

Average Home Size

3285 ft²

Average Home Age

61.1 years

Currently For Sale

748 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# 71945020

Frequently Asked Questions

When was property at 231 Baboosic Lake Road built and last sold?
The property at 231 Baboosic Lake Road was built in 1974 and last sold on Jun 30, 2020 for $340,000.
How much is this home worth?
The estimated value of the home located at 231 Baboosic Lake Road is $335,924.
What are some comparable homes to 231 Baboosic Lake Road?
There are currently no comparable homes to 231 Baboosic Lake Road.
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