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Hillsborough 03054
38 Wire Road
Listed by: Anthony Ducharme, Coco, Early & Associates, Selling Office: HomeSmart Success Realty LLC, Listing Courtesy of Prime MLS
$292,000
● House - Off Market

38 Wire Road

Merrimack, NH 03054
bedrooms
4 Beds
bathrooms
1 Bath
square feet
2,214 Ft²
$380,993
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Did you ever want to live in Merrimack and just couldn't afford the neighborhood that you wanted well then Grab some tools, some paint, order new carpet and come fix up this cosmetically challenged 9 room home. Nice spacious Ranch with 4 bedrooms 1 & 3/4/ baths, Cathedral ceilings in living room & bedroom room Plus 3 additional bedrooms, family room, exercise room, sun room, screen in room off the carport. You can name the rooms after you buy it. Great location all it needs is to be put back together. Roof doesn't leak, furnace still gives off heat and they still bathe with hot water so the 40 gallon hot water take still works fine. They have 100 Amp circuit breakers .We tried the market and now here we are. Let us put a deal together on this one !
Unit Size
2,214 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$163
Property Type
House
Property Taxes
$432
HOA Dues
-
Year Built
1961

Payment Calculator (Computations Provided by RealtyHop)

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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: 3 years ago (Prime MLS #4928473)

Price History

Date / Event Date Event Price
Jan 5, 2023 Sold
Premium
Sold
Sep 6, 2022 Listed by Coco, Early & Associates $359,900
Listed by Coco, Early & Associates
Aug 15, 1995 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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: 2
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,206
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 18,731
  • Total Building Area: 1,453
  • Gross Building Area: 2,850
  • Building Area: 1,453
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,453
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000430
  • Standard Land Use Code: 1110
  • County Land Use Code: 120

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:000548 S:000000
  • Lot: 548
  • Municipality: MERRIMACK
  • Latitude: 42.8786
  • Longitude: -71.4984

    Address

  • Full Address: 38 Wire Rd
  • Address - House Number: 38
  • Address - Street Name: Wire
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Merrimack
  • Carrier Code: R019
  • 4-Digit Zip Code: 3302
  • Zip Code: 03054

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $566,600

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 66
  • Final Value: 394,172
  • High Value: 460,966
  • Low Value: 327,377

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $291,300
  • Assessed Land Value: $174,300
  • Assessed Improvements Value: $117,000

    Sales

  • Current Sale Contract Date: Jan 04, 2023
  • Current Sale Recording Date: Jan 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 230000400
  • Previous Sale Recording Date: Aug 15, 1995
  • Previous Sale Amount: $83,000
  • 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 Hillsborough

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$214

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3418 ft²

Average Home Age

60.8 years

Currently For Sale

944 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 16 Depot, Merrimack, 03054

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,603 ft²
16 Depot, Merrimack, 03054 Listing by Thiago Gomes
Unit for rent at 4 Lynn Dr, Merrimack, 03054

$2,850 /mo

  • 2 Beds
  • 1 Bath
  • 1,732 ft²
4 Lynn Dr, Merrimack, 03054 Listing by Rusty Taylor

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Anthony Ducharme, Coco, Early & Associates
Last Updated Date: 2023-01-10
Last Checked: 5 hours ago
Data Source: Prime MLS, MLS# 4928473
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 Wire Road built and last sold?
The property at 38 Wire Road was built in 1961 and last sold on Jan 4, 2023 for $292,000.
How much is this home worth?
The estimated value of the home located at 38 Wire Road is $0.
What are some comparable homes to 38 Wire Road?
There are currently no comparable homes to 38 Wire Road.
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