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Hillsborough 03054
5 Lawrence Road
Listed by: Thomas McPherson, RE/MAX Innovative Properties, Selling Office: Jason Mitchell Group, Listing Courtesy of Prime MLS
$437,000
● House - Off Market

5 Lawrence Road

Merrimack, NH 03054
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,736 Ft²
$450,877
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Outstanding 3 bedroom split style home on a beautifully landscaped 2 acre private lot. Living room with a cathedral ceiling and brick fireplace, large eat-in kitchen with granite counters, SS appliances. 12x17 family room with vaulted ceiling leading to a 15x16 patio. Finished lower level with a wood stove. 1 car garage and a 16x15 shed. Don't miss this one!! All Offers to be submitted by Tuesday 1pm November 15th
Unit Size
1,736 Ft²
Days on Market
-
Land Size
1.99 acres
Price per sqft
$245
Property Type
House
Property Taxes
$548
HOA Dues
-
Year Built
1985

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 #4936776)

Price History

Date / Event Date Event Price
Dec 27, 2022 Sold
Premium
Sold
Nov 11, 2022 Listed by RE/MAX Innovative Properties $425,000
Listed by RE/MAX Innovative Properties

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 19
  • 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: 788
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 86,554
  • Total Building Area: 2,062
  • Gross Building Area: 3,464
  • Building Area: 2,062
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,062
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001987
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Merrimack School District
  • School Tax School District: MERRIMACK
  • Census Tract: 014201

Zoning

  • Zoning: RESIDE

Geography

  • Assessors Map Reference: 7C
  • Parcel: MRMK M:0007C L:000006 S:000002
  • Lot: 6
  • Municipality: MERRIMACK
  • Latitude: 42.8965
  • Longitude: -71.5183

    Address

  • Full Address: 5 Lawrence Rd
  • Address - House Number: 5
  • Address - Street Name: Lawrence
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Merrimack
  • Carrier Code: R012
  • 4-Digit Zip Code: 2404
  • Zip Code: 03054

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $745,700

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 84
  • Final Value: 524,430
  • High Value: 595,820
  • Low Value: 453,041

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $383,400
  • Assessed Land Value: $195,100
  • Assessed Improvements Value: $188,300

    Sales

  • Current Sale Contract Date: Dec 27, 2022
  • Current Sale Recording Date: Dec 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 220057206
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

Rentals Near You

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Prime

Listed by: Thomas McPherson, RE/MAX Innovative Properties
Last Updated Date: 2022-12-27
Last Checked: 6 hours ago
Data Source: Prime MLS, MLS# 4936776
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 Lawrence Road built and last sold?
The property at 5 Lawrence Road was built in 1985 and last sold on Dec 27, 2022 for $437,000.
How much is this home worth?
The estimated value of the home located at 5 Lawrence Road is $0.
What are some comparable homes to 5 Lawrence Road?
There are currently no comparable homes to 5 Lawrence Road.
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