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Essex
3 Alnette Road
$200,000
● House - Off Market

3 Alnette Road

Merrimac, MA 01860
bedrooms
2 Beds
bathrooms
1 Bath
square feet
990 Ft²
$417,256
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Estate Sale.  Waterfront lot on Lake Attitash in nice neighborhood.  Seller has never lived on the property.  Subject to obtaining License to Sell.  Please do NOT try to enter the building on the property.  Buyer to do their own due diligence.
Unit Size
990 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$263
Property Type
House
Property Taxes
$347
HOA Dues
-
Year Built
2018

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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: 4 months ago (MLSPIN #72135833)

Price History

Date / Event Date Event Price
Jun 15, 2017 Sold
Premium
Sold
Mar 25, 2017 Listed by Fudge Properties $259,900
Listed by Fudge Properties
Aug 29, 2003 Sold
Premium
Sold
May 19, 2003 Listed by Waterhouse Realty Assoc. $259,900
Listed by Waterhouse Realty Assoc.
WATERFRONT ON "ALL SEASON" LAKE ATTITASH. COZY YEARROUND RANCH WITH FIREPLACED LIVINGROOM ON OPEN SPACIOUS LOT. PURCHASE NOW TO ENJOY ALL THE EMENITIES OF SUMMER WATERFRONT LIVING. SOME FURNISHINGS INCLUDED IN SALE.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 944
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,028
  • Total Building Area: 2,440
  • Gross Building Area: 3,044
  • Building Area: 2,440
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,440
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000345
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: LA

Geography

  • District: 180
  • Parcel: MERR M:065A B:0003 L:00007
  • Block: 3
  • Lot: 7
  • Municipality: MERRIMAC
  • Latitude: 42.8501
  • Longitude: -70.9891

    Address

  • Full Address: 3 Alnette Rd
  • Address - House Number: 3
  • Address - Street Name: Alnette
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Merrimac
  • Carrier Code: C003
  • 4-Digit Zip Code: 1202
  • Zip Code: 01860

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,058,100

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 86
  • Final Value: 866,051
  • High Value: 974,677
  • Low Value: 757,425

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $783,800
  • Assessed Land Value: $376,600
  • Assessed Improvements Value: $407,200

    Sales

  • Current Sale Recording Date: Sep 05, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 180905002470
  • Previous Sale Recording Date: Jun 15, 2017
  • Previous Sale Amount: $200,000
  • Previous 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72135833

Frequently Asked Questions

When was property at 3 Alnette Road built and last sold?
The property at 3 Alnette Road was built in 2018 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3 Alnette Road is $265,258.
What are some comparable homes to 3 Alnette Road?
There are currently no comparable homes to 3 Alnette Road.
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