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Hillsborough 03054
27 Jo Ellen
Listed by: Julia Martinage, Redfin Corporation, 603-733-4257 Selling Office: BHHS Verani Newburyport, Listing Courtesy of Prime MLS
$525,000
● House - Off Market

27 Jo Ellen

Merrimack, NH 03054
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,836 Ft²
$3,013
Est. Monthly
Unit Size
1,836 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$272
Property Type
House
Property Taxes
$558
HOA Dues
-
Year Built
1969

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: 9 months ago (Prime MLS #5041433)

Price History

Date / Event Date Event Price
Jun 27, 2025 Sold
Premium
Sold
May 16, 2025 Listed by Redfin Corporation $499,900
Listed by Redfin Corporation
Jul 18, 1986 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 480
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 14,985
  • Total Building Area: 1,862
  • Gross Building Area: 2,664
  • Building Area: 1,862
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,862
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Merrimack School District
  • School Tax School District: MERRIMACK
  • Census Tract: 014302

Zoning

  • Zoning: RESIDE

Geography

  • Assessors Map Reference: 4C
  • Parcel: MRMK M:0004C L:000214 S:000000
  • Lot: 214
  • Municipality: MERRIMACK
  • Latitude: 42.8438
  • Longitude: -71.504

    Address

  • Full Address: 27 Jo Ellen Dr
  • Address - House Number: 27
  • Address - Street Name: Jo Ellen
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: Merrimack
  • Carrier Code: R020
  • 4-Digit Zip Code: 3944
  • Zip Code: 03054

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $629,400

    Appraisal Valuation

  • Standard Deviation: 0.1377
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 83
  • Final Value: 436,889
  • High Value: 497,073
  • Low Value: 376,704

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $323,600
  • Assessed Land Value: $165,000
  • Assessed Improvements Value: $158,600

    Sales

  • Current Sale Recording Date: Jul 18, 1986
  • 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 Hillsborough

Stats & Trends

Median Asking:

$524,900

Sale Price/ft²

$214

Below Asking

0.01%

Average Days on Market

49

Average Home Size

3377 ft²

Average Home Age

60.5 years

Currently For Sale

1000 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

Unit for rent at 93 Sentry, Merrimack, 03054

$2,800 /mo

  • 2 Beds
  • 1 Bath
  • 1,426 ft²
93 Sentry, Merrimack, 03054 Listing by Christine Anzalone
Unit for rent at 14 Turnbuckle, Merrimack, 03054

$2,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,040 ft²
14 Turnbuckle #22, Merrimack, 03054 Listing by Roger Howe

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Julia Martinage, Redfin Corporation
Last Updated Date: 2025-06-27
Last Checked: 2 hours ago
Data Source: Prime MLS, MLS# 5041433
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 27 Joellen Drive built and last sold?
The property at 27 Joellen Drive was built in 1969 and last sold on Jan 1, 1970 for $127,000.
How much is this home worth?
The estimated value of the home located at 27 Joellen Drive is $0.
What are some comparable homes to 27 Joellen Drive?
There are currently no comparable homes to 27 Joellen Drive.
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