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Essex
32 Nancy Ann Lane
$465,000
● House - Off Market

32 Nancy Ann Lane

Merrimac, MA 01860
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,990 Ft²
$710,372
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Single family privately set in the active adult community known as "The Village at Merrimac". Oversized and  open flexible floor plan features living/dining rooms with gas fireplace and slider to a back deck.  Kitchen with updated stainless appliances, granite countertops with a peninsula for casual dining. This space lends itself to great family gatherings and entertainment options.  Oversized Master bedroom with walk in closet and bath with double vanity, tiled shower and soaking tub for your relaxation. Two additional bedrooms offer flexibility for home office as well. Separate laundry room, additional full bath, central air make this a home you will love.  Single level living at its best! Beautiful landscaping, snow removal, Master insurance, road maintenance are included in the HOA fee.
Unit Size
1,990 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$239
Property Type
House
Property Taxes
$567
HOA Dues
$200
Year Built
2015

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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: 6 months ago (MLSPIN #72430947)

Price History

Date / Event Date Event Price
Mar 29, 2019 Sold
Premium
Sold
Dec 7, 2018 Listed by Century 21 McLennan & Company $474,900
Listed by Century 21 McLennan & Company
Jul 31, 2015 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,990
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,898
  • Total Building Area: 1,990
  • Gross Building Area: 4,608
  • Building Area: 1,990
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,990
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000135
  • 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:0021 B:0002 L:00016
  • Block: 2
  • Lot: 16
  • Municipality: MERRIMAC
  • Latitude: 42.8307
  • Longitude: -71.0121

    Address

  • Full Address: 32 Nancy Ann Ln
  • Address - House Number: 32
  • Address - Street Name: Nancy Ann
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Merrimac
  • Carrier Code: C004
  • 4-Digit Zip Code: 2249
  • Zip Code: 01860

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $820,100

    Appraisal Valuation

  • Standard Deviation: 0.1576
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 684,633
  • High Value: 796,633
  • Low Value: 572,634

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $607,500
  • Assessed Land Value: $235,300
  • Assessed Improvements Value: $372,200

    Sales

  • Current Sale Contract Date: Mar 26, 2019
  • Current Sale Recording Date: Mar 29, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 20190329003730
  • Previous Sale Recording Date: Jul 31, 2015
  • Previous Sale Amount: $399,900
  • Previous Sale Document Type: O
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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72430947

Frequently Asked Questions

When was property at 32 Nancy Ann Lane built and last sold?
The property at 32 Nancy Ann Lane was built in 2015 and last sold on Mar 26, 2019 for $465,000.
How much is this home worth?
The estimated value of the home located at 32 Nancy Ann Lane is $496,577.
What are some comparable homes to 32 Nancy Ann Lane?
There are currently no comparable homes to 32 Nancy Ann Lane.
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