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Middlesex 01463
32 Merrimack Dr
$205,000
● House - Off Market

32 Merrimack Dr

Pepperell, MA 01463
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,800 Ft²
$671,819
RealtyHop Estimate
236.08%
Since Dec 1, 1998
National-US
Primary Model

About This Property

BETTER THAN NEW,CHARM'G 4 BDRM COLN W/WELCOME'G FARMERS PRCH SET ON LOVELY LANDSCAPED LOT.  THIS HOME FEAT. BEAUTIFUL OAK CAB. KIT. W/SPACIOUS FLOOR PLAN, FORMAL LR &  DR.ARE PERFECT FOR ENTERTAIN'G.MSTR BDRM W/BATH,MANY UPGRADES! MINT COND!
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$111
Property Type
House
Property Taxes
$202
HOA Dues
-
Year Built
1994

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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 #30250293)

Price History

Date / Event Date Event Price
Jan 31, 2000 Sold
Premium
Sold
Dec 19, 1999 Listed $229,900
Listed
Nov 12, 1998 Sold
Premium
Sold
Aug 14, 1998 Listed $199,900
Listed
Mar 24, 1995 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 6
  • 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: 864
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,917
  • Total Building Area: 1,800
  • Gross Building Area: 3,165
  • Building Area: 1,800
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,800
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000526
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Middlesex School District
  • School Tax School District: N MIDDLESEX SD
  • Census Tract: 327101

Zoning

  • Zoning: RCR

Geography

  • Parcel: PEPP M:0011 B:0154 L:00000
  • Block: 154
  • Municipality: PEPPERELL
  • Latitude: 42.6821
  • Longitude: -71.5623

    Address

  • Full Address: 32 Merrimac Dr
  • Address - House Number: 32
  • Address - Street Name: Merrimac
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Pepperell
  • Carrier Code: R008
  • 4-Digit Zip Code: 1458
  • Zip Code: 01463

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $594,100

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 510,576
  • High Value: 593,593
  • Low Value: 427,558

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $414,000
  • Assessed Land Value: $132,000
  • Assessed Improvements Value: $282,000

    Sales

  • Current Sale Recording Date: Jan 31, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 24, 1995
  • Previous Sale Amount: $167,000
  • 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 Middlesex

Stats & Trends

Median Asking:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2674 ft²

Average Home Age

65.6 years

Currently For Sale

3333 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 years ago
Data Source: MLS PIN, MLS# 30250293

Frequently Asked Questions

When was property at 32 Merrimac Drive built and last sold?
The property at 32 Merrimac Drive was built in 1994 and last sold on Jan 1, 1970 for $229,000.
How much is this home worth?
The estimated value of the home located at 32 Merrimac Drive is $260,831.
What are some comparable homes to 32 Merrimac Drive?
There are currently no comparable homes to 32 Merrimac Drive.
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