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Essex
48 Hadley Rd
$276,000
● House - Off Market

48 Hadley Rd

Merrimac, MA 01860
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,512 Ft²
$370,827
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

Can you see the potential?  Perfect for handy person. Beautiful 2 acre, flat, corner, country lot location!  Large back, front and side yards. 4 bedroom Cape w/ great floor plan for entertaining, lot's of charm & character. Large eat in kitchen w/ new vinyl floor & paint, formal dining room w/ custom china cabinet that opens to living room w/ wood stove & new antique granite hearth. Large sun porch.  Bonus of a 1st floor bedroom. Updated bathroom & new vinyl floor. Detached two car heated garage & horse shoe driveway. Easy access to all commuter routes. Sought after Pentucket Schools. Bring your ideas for cosmetic updating. Property being sold "as is". Inspection for informational purposes only.  Priced to sell listed well below assessed value!
Unit Size
1,512 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$165
Property Type
House
Property Taxes
$390
HOA Dues
-
Year Built
1931

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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: 5 months ago (MLSPIN #72460966)

Price History

Date / Event Date Event Price
Dec 29, 2021 Sold
Premium
Sold
Nov 17, 2021 Listed by RE/MAX On The River, Inc. $395,000
Listed by RE/MAX On The River, Inc.
Apr 30, 2019 Sold
Premium
Sold
Mar 6, 2019 Listed by RE/MAX On The River, Inc. $249,900
Listed by RE/MAX On The River, Inc.
Feb 27, 2014 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1931
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 3
  • Basement Area: 2,016
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 1,915
  • Gross Building Area: 3,396
  • Building Area: 1,915
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,915
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Pentucket School District
  • Census Tract: 262100

Zoning

  • Zoning: AR

Geography

  • District: 180
  • Parcel: MERR M:0081 B:0001 L:004-A
  • Block: 1
  • Lot: 4-A
  • Municipality: MERRIMAC
  • Latitude: 42.8417
  • Longitude: -71.0431

    Address

  • Full Address: 48 Hadley Rd
  • Address - House Number: 48
  • Address - Street Name: Hadley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Merrimac
  • Carrier Code: C003
  • 4-Digit Zip Code: 1306
  • Zip Code: 01860

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $725,600

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 575,456
  • High Value: 673,864
  • Low Value: 477,048

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $537,500
  • Assessed Land Value: $326,700
  • Assessed Improvements Value: $210,800

    Sales

  • Current Sale Contract Date: Dec 29, 2021
  • Current Sale Recording Date: Dec 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211229002770
  • Previous Sale Recording Date: Apr 30, 2019
  • Previous Sale Contract Date: Apr 30, 2019
  • Previous Sale Amount: $276,000
  • 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:

$699,500

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2546 ft²

Average Home Age

72.5 years

Currently For Sale

1487 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 47 Newton, Plaistow, 03865

$3,000 /mo

  • 2 Beds
  • 1 Bath
  • 1,249 ft²
47 Newton #C, Plaistow, 03865 Listing by Amanda Rooney

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72460966

Frequently Asked Questions

When was property at 48 Hadley Road built and last sold?
The property at 48 Hadley Road was built in 1931 and last sold on Dec 29, 2021 for $415,000.
How much is this home worth?
The estimated value of the home located at 48 Hadley Road is $401,054.
What are some comparable homes to 48 Hadley Road?
There are currently no comparable homes to 48 Hadley Road.
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