Essex
4 Mill Street #4
$243,000
●
Property -
Off Market
4 Mill Street #4
Merrimac, MA 01860
Studio
2 Baths,
1
Half Bath
1,500 Ft²
$408,449
RealtyHop Estimate
70.26%
Since Feb 1, 2007
National-US
Primary Model
About This Property
Brand new 2 bedroom plus loft condex conveniently located near town
square. Second floor laundry area, large backyard and 1 car garage.
A great opportunity to own new construction in Merrimac!
Unit Size
1,500 Ft²
Days on Market
-
Land Size
-
Price per sqft
$160
Property Type
Property
Property Taxes
-
HOA Dues
-
Year Built
2005
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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 #70491185)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2019 | Sold | ||
| Sold | |||
| Jun 5, 2019 | Listed by William Raveis Real Estate | $304,900 | |
| Listed by William Raveis Real Estate | |||
| | |||
|
PRICED REDUCED!!!! Welcome home to this well kept townhouse for a great value!! This property is conveniently located in the highly sought after Pentucket Regional School district and close to the major highways for easy commuting! There is central air which will keep you cool on the hot days! Wi The garage has ample space for storage/vehicle with a good size driveway for 2 cars. This deeded half home has TRI LEVEL living with so much space! There is 2 FULL bedrooms and a over-sized loft that is considered the 3rd bedroom! The newly painted deck will be a great place to enjoy a nice cookout or a morning cup of coffee!! There is nothing to do but MOVE IN! Also, there is NO CONDO FEE'S!!!!!! Don't miss out on this home, it wont last! Join us for an OPEN HOUSE 7/7/19 from 3pm-5pm
| |||
| May 10, 2011 | Listed by Coldwell Banker Residential Brokerage - Andover | $239,900 | |
| Listed by Coldwell Banker Residential Brokerage - Andover | |||
 | |||
|
Like NEW! NO FEE!...This 2/3 bedroom (2 bath) condex w/Loft was completed in 2006 and is just like single family living, but easier! Nothing to worry about because everything is only 5 yrs old...or less! Plus, sellers have done many additional upgrades since they moved in. Loft could be 3rd bedroom,family room or office. Great deck and yard out back and it located within walking distance to town square. Clean and bright, this unit is one of the best finds in Merrimac!
| |||
| Jan 26, 2007 | Sold | ||
| Sold | |||
| Nov 16, 2006 | Listed by Coldwell Banker Realty - Andover | $239,900 | |
| Listed by Coldwell Banker Realty - Andover | |||
Property Highlights
Parking Available
Interior Details
Level: First
Level: Second
Level: First
Level: Second
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Loft
Appliances: Range, Dishwasher, Gas Water Heater
Rooms: 5
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Off Street
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Builder
Year Built Details: Actual
PropertySubType: Condex
Building Name: Mill Street Condos
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: None
Lot Size Units: Acres
Zoning: Res
Parcel Number: 4600063
Water Source: Public, City/Town Water, City/Town Sewer
Utilities Details
Cooling Type: None
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: N/A
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/05/2019
|
3 Bed
|
2 Bath
|
1386 ft²
|
$304,900
3 Bed
2 Bath
1386 ft²
|
$303,000
-0.62%
08/29/2019
|
Hilary Larson
William Raveis Real Estate
| |
|
05/10/2011
|
3 Bed
|
1 Bath
|
1500 ft²
|
$239,900
3 Bed
1 Bath
1500 ft²
|
-
-
|
Eileen Maxcy
Coldwell Banker Realty - Andover
| |
|
11/16/2006
|
Loft
|
2 Bath
|
1500 ft²
|
$239,900
Loft
2 Bath
1500 ft²
|
$243,000
+1.29%
01/26/2007
|
Jeanne Howes
Coldwell Banker Realty - Haverhill
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017