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Essex
25 Hansom Drive
$359,000
● House - Off Market

25 Hansom Drive

Merrimac, MA 01860
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,672 Ft²
$1,043,627
RealtyHop Estimate
189.97%
Since Sep 1, 2000
National-US
Primary Model

About This Property

LARGE COLONIAL IN ONE OF MERRIMAC'S FINEST NEIGHBORHOODS. FEATURING LARGE ROOMS, BREAKFAST NOOK WITH SLIDERS TO OVER- SIZED DECK & FENCED YARD. CENTRAL AIR, WIRED FOR SURROUND SOUND AND SECURITY SYSTEM AND MORE. FARMER'S PORCH
Unit Size
2,672 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$135
Property Type
House
Property Taxes
$296
HOA Dues
-
Year Built
1998

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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: 4 years ago (MLSPIN #30417479)

Price History

Date / Event Date Event Price
Aug 26, 2003 Sold
Premium
Sold
Jun 26, 2003 Listed by RE/MAX On The River, Inc. $514,000
Listed by RE/MAX On The River, Inc.
Aug 15, 2000 Sold
Premium
Sold
Jun 5, 2000 Listed by RE/MAX On The River, Inc. $359,913
Listed by RE/MAX On The River, Inc.

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,524
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,998
  • Total Building Area: 2,672
  • Gross Building Area: 5,756
  • Building Area: 2,672
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,672
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: SR

Geography

  • District: 180
  • Parcel: MERR M:0059 B:0001 L:00047
  • Block: 1
  • Lot: 47
  • Municipality: MERRIMAC
  • Latitude: 42.8446
  • Longitude: -71.0107

    Address

  • Full Address: 25 Hansom Dr
  • Address - House Number: 25
  • Address - Street Name: Hansom
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Merrimac
  • Carrier Code: C003
  • 4-Digit Zip Code: 1534
  • Zip Code: 01860

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,052,300

    Appraisal Valuation

  • Standard Deviation: 0.1575
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 884,244
  • High Value: 1,023,267
  • Low Value: 745,220

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $779,500
  • Assessed Land Value: $301,400
  • Assessed Improvements Value: $478,100

    Sales

  • Current Sale Recording Date: Aug 26, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2469 ft²

Average Home Age

72.3 years

Currently For Sale

1388 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: 4 years ago
Data Source: MLS PIN, MLS# 30417479

Frequently Asked Questions

When was property at 25 Hansom Drive built and last sold?
The property at 25 Hansom Drive was built in 1998 and last sold on Jan 1, 1970 for $511,000.
How much is this home worth?
The estimated value of the home located at 25 Hansom Drive is $0.
What are some comparable homes to 25 Hansom Drive?
There are currently no comparable homes to 25 Hansom Drive.
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