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Hillsborough 03054
5 Joppa Road
Listed by: Anderson Mills & Associates, Coldwell Banker Realty Bedford NH, Selling Office: Lamacchia Realty, Inc., Listing Courtesy of Prime MLS
$540,000
● House - Off Market

5 Joppa Road

Merrimack, NH 03054
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,984 Ft²
$3,291
Est. Monthly
6.13%
Cap Rate

About This Property

Beautifully remodeled and updated 4 bedroom, 1 1/2 bath Gambrel on large level lot. New improvements include: kitchen, baths, flooring, doors, new lighting & gutters. Kitchen features granite counters, stainless steel appliances, dining room, front to back living room with a sliding glass door that leads you to the deck. Primary bedroom has plenty of space with 3 additional nicely sized bedrooms. Basement offers finished living space. Heating system is 8 years old, tankless hot water heater is 7 and new roof which features solar panels for your electric bill savings, $109 monthly for the remainder of your contract! Big backyard is fenced in with an above-ground pool. Great space for all your family entertaining!! Close to highways and shopping.
Unit Size
1,984 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$277
Property Type
House
Property Taxes
$590
HOA Dues
-
Year Built
1995

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: 2 years ago (Prime MLS #5016816)

Price History

Date / Event Date Event Price
Dec 2, 2024 Sold
Premium
Sold
Oct 30, 2024 In contract -
In contract
Oct 19, 2024 Relisted $550,000
Relisted
Oct 14, 2024 In contract -
In contract
Oct 1, 2024 Listed by Coldwell Banker Realty Bedford NH $550,000
Listed by Coldwell Banker Realty Bedford NH
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 7
  • Basement Area: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 30,231
  • Total Building Area: 1,793
  • Gross Building Area: 2,560
  • Building Area: 1,793
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,793
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000694
  • 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: 5C
  • Parcel: MRMK M:0005C L:000073 S:000001
  • Lot: 73
  • Municipality: MERRIMACK
  • Latitude: 42.8663
  • Longitude: -71.5175

    Address

  • Full Address: 5 Joppa Rd
  • Address - House Number: 5
  • Address - Street Name: Joppa
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Merrimack
  • Carrier Code: R008
  • 4-Digit Zip Code: 3508
  • Zip Code: 03054

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $707,600

    Appraisal Valuation

  • Standard Deviation: 0.1479
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 82
  • Final Value: 479,750
  • High Value: 550,740
  • Low Value: 408,759

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $363,800
  • Assessed Land Value: $190,200
  • Assessed Improvements Value: $173,600

    Sales

  • Current Sale Recording Date: May 03, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7019452
  • Previous Sale Recording Date: Oct 26, 1995
  • Previous Sale Amount: $118,000
  • 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

3404 ft²

Average Home Age

60.6 years

Currently For Sale

956 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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Prime

Listed by: Anderson Mills & Associates, Coldwell Banker Realty Bedford NH
Last Updated Date: 2024-12-03
Last Checked: 7 hours ago
Data Source: Prime MLS, MLS# 5016816
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 5 Joppa Road built and last sold?
The property at 5 Joppa Road was built in 1995 and last sold on Jan 1, 1970 for $282,000.
How much is this home worth?
The estimated value of the home located at 5 Joppa Road is $0.
What are some comparable homes to 5 Joppa Road?
There are currently no comparable homes to 5 Joppa Road.
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