by RH Advisors
For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Hillsborough 03054
38 Back River Road
Listed by: Parrott Realty Group, Keller Williams Gateway Realty, Selling Office: Jason Mitchell Group, Listing Courtesy of Prime MLS
$440,000
● House - Off Market

38 Back River Road

Merrimack, NH 03054
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,822 Ft²
$392,787
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Single level living in convenient Merrimack location! This well maintained ranch features hardwood floors, oversized 2 car garage, mudroom, and an abundance of natural light! Spacious kitchen has breakfast bar with tons of room for cooking and plenty of cabinets. Huge living/dining room is great for entertaining and has slider to farmer's porch! Finished basement provides even more possibilities with family room and office/den with full bath. Spend your days on the large screened in porch overlooking the nicely landscaped fenced in backyard! Minutes away from Everett Turnpike makes this home perfect for commuters.
Unit Size
1,822 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$217
Property Type
House
Property Taxes
$464
HOA Dues
-
Year Built
1967

Payment Calculator (Computations Provided by RealtyHop)

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 3 years ago (Prime MLS #4958515)

Price History

Date / Event Date Event Price
Aug 14, 2023 Sold
Premium
Sold
Jun 23, 2023 Listed by Keller Williams Gateway Realty $395,000
Listed by Keller Williams Gateway Realty

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,284
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,856
  • Total Building Area: 1,694
  • Gross Building Area: 3,336
  • Building Area: 1,694
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,694
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000364
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Merrimack School District
  • School Tax School District: MERRIMACK
  • Census Tract: 014202

Zoning

  • Zoning: RESIDE

Geography

  • Assessors Map Reference: 6D
  • Parcel: MRMK M:0006D L:000372 S:000000
  • Lot: 372
  • Municipality: MERRIMACK
  • Latitude: 42.8921
  • Longitude: -71.4754

    Address

  • Full Address: 38 Back River Rd
  • Address - House Number: 38
  • Address - Street Name: Back River
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Merrimack
  • Carrier Code: R005
  • 4-Digit Zip Code: 2687
  • Zip Code: 03054

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $623,200

    Appraisal Valuation

  • Standard Deviation: 0.1323
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 84
  • Final Value: 440,119
  • High Value: 498,368
  • Low Value: 381,871

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $320,400
  • Assessed Land Value: $169,000
  • Assessed Improvements Value: $151,400

    Sales

  • Current Sale Contract Date: Aug 11, 2023
  • Current Sale Recording Date: Aug 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 230026376
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:

$525,000

Sale Price/ft²

$214

Below Asking

0.01%

Average Days on Market

50

Average Home Size

3307 ft²

Average Home Age

59.1 years

Currently For Sale

695 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 7 Mockingbird, Merrimack, 03054

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 2,282 ft²
7 Mockingbird, Merrimack, 03054 Listing by Sharon Corr

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Parrott Realty Group, Keller Williams Gateway Realty
Last Updated Date: 2023-08-13
Last Checked: 2 hours ago
Data Source: Prime MLS, MLS# 4958515
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 38 Back River Road built and last sold?
The property at 38 Back River Road was built in 1967 and last sold on Aug 11, 2023 for $440,000.
How much is this home worth?
The estimated value of the home located at 38 Back River Road is $403,181.
What are some comparable homes to 38 Back River Road?
There are currently no comparable homes to 38 Back River Road.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Merrimack Homes for Sale
Merrimack Houses for Sale
Merrimack Condos for Sale
Merrimack Townhouses for Sale
Merrimack Multifamily for Sale
Merrimack Land for Sale
Merrimack Commercial for Sale
Merrimack Homes with Basements
Nearby Cities
Manchester Homes for Sale
Nashua Homes for Sale
Londonderry Homes for Sale
Milford Homes for Sale
Hudson Homes for Sale
East Merrimack Homes for Sale
South Hooksett Homes for Sale
Pinardville Homes for Sale
Nearby Property Records
Hillsborough County, NH Property Records
Rockingham County, NH Property Records
Middlesex County, MA Property Records
Merrimack County, NH Property Records
Essex County, MA Property Records
Worcester County, MA Property Records
Cheshire County, NH Property Records
Strafford County, NH Property Records
Neighborhoods
West Hollis Real Estate
North End Real Estate
South End Real Estate
Straw-Smyth Real Estate
Northwest Manchester Real Estate
South Hooksett Real Estate
Southside Real Estate
Wellington Real Estate
Nearby Counties
Manchester Homes for Sale
Nashua Homes for Sale
Londonderry Homes for Sale
Hudson Homes for Sale
Bedford Homes for Sale
Amherst Homes for Sale
Milford Homes for Sale
Goffstown Homes for Sale
Top Real Estate Agents
Top Agents in Merrimack
Top Agents in Manchester
Top Agents in Manchester
Top Agents in Nashua
Top Agents in Nashua
Top Agents in 03104
Top Agents in Londonderry
Top Agents in 03103