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Essex
3 Stevens Ter
Photo of 3 Stevens Ter
Sold on Jun 30, 2006

1

Map

$377,500
● House - Off Market

3 Stevens Ter

Merrimac, MA 01860
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,666 Ft²
$656,141
RealtyHop Estimate
68.28%
Since Jul 1, 2006
National-US
Primary Model

About This Property

Fabulous 7 room, 3 bedroom, 2.5 bath Colonial built 1995. Set on a beautiful 3/4 acre lot in Birch Meadow Estates.  Lots of room in this lovely home. Deck off the back and beautiful yard.  Plenty of finishable attic space. This large home is waiting for a family to bring it to life.  Nees some sprucing up, but well worth the effort.
Unit Size
1,666 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$234
Property Type
House
Property Taxes
$328
HOA Dues
-
Year Built
1995

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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 #70346778)

Price History

Date / Event Date Event Price
Jun 30, 2006 Sold
Premium
Sold
Mar 13, 2006 Listed $389,900
Listed
Dec 14, 1998 Sold
Premium
Sold
Oct 16, 1998 Listed $221,500
Listed
Apr 8, 1997 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,736
  • Total Building Area: 1,870
  • Gross Building Area: 3,538
  • Building Area: 1,870
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,870
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BIRCH MDW ESTATES
  • Land Acres: 0000000706
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: AR

Geography

  • District: 180
  • Parcel: MERR M:0064 B:0001 L:00067
  • Block: 1
  • Lot: 67
  • Municipality: MERRIMAC
  • Latitude: 42.8265
  • Longitude: -71.0274

    Address

  • Full Address: 3 Stevens Ter
  • Address - House Number: 3
  • Address - Street Name: Stevens
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Merrimac
  • Carrier Code: C003
  • 4-Digit Zip Code: 1851
  • Zip Code: 01860

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $813,000

    Appraisal Valuation

  • Standard Deviation: 0.1576
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 642,173
  • High Value: 752,904
  • Low Value: 531,442

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $602,200
  • Assessed Land Value: $315,900
  • Assessed Improvements Value: $286,300

    Sales

  • Current Sale Recording Date: Jun 30, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 14, 1998
  • Previous Sale Amount: $213,000
  • 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:

$699,500

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2546 ft²

Average Home Age

72.5 years

Currently For Sale

1487 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: 5 months ago
Data Source: MLS PIN, MLS# 70346778

Frequently Asked Questions

When was property at 3 Stevens Terrace built and last sold?
The property at 3 Stevens Terrace was built in 1995 and last sold on Jan 1, 1970 for $377,500.
How much is this home worth?
The estimated value of the home located at 3 Stevens Terrace is $400,332.
What are some comparable homes to 3 Stevens Terrace?
There are currently no comparable homes to 3 Stevens Terrace.
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