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Hillsborough 03054
53 Lawrence Road
Listed by: Nicholas Papp, Homefront Realty, LLC, Selling Office: Hillman Homes LLC, Listing Courtesy of Prime MLS
$355,000
● House - Off Market

53 Lawrence Road

Merrimack, NH 03054
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,722 Ft²
$538,959
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

Beautifully maintained contemporary cape with brand new roof (2018), new Goodman propane furnace (2019), New Well Pressure Tank (2015) New Garage Doors.  Sitting on large landscaped lot with double deck, large stone fireplace, complete with Sugar Shack to cook your own Maple Syrup!  Cathedral ceilings skylight in Living room, pellet stove insert. Large, separate family room. First floor master w/ bath. Partially, finished basement. Multiple heating sources and gas cooking!
Unit Size
2,722 Ft²
Days on Market
-
Land Size
3.88 acres
Price per sqft
$136
Property Type
House
Property Taxes
$648
HOA Dues
-
Year Built
1987

Payment Calculator (Computations Provided by RealtyHop)

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Cap Rate Calculator

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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: 3 years ago (Prime MLS #4772211)

Price History

Date / Event Date Event Price
Jan 27, 2020 Sold
Premium
Sold
Aug 21, 2019 Listed by Homefront Realty, LLC $369,900
Listed by Homefront Realty, LLC
Jun 30, 1998 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 18
  • 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: 1,024
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 169,013
  • Total Building Area: 3,004
  • Gross Building Area: 5,569
  • Building Area: 3,004
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,004
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003880
  • 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: 7B
  • Parcel: MRMK M:0007B L:000009 S:000002
  • Lot: 9
  • Municipality: MERRIMACK
  • Latitude: 42.8995
  • Longitude: -71.5308

    Address

  • Full Address: 53 Lawrence Rd
  • Address - House Number: 53
  • 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: $853,500

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 84
  • Final Value: 617,879
  • High Value: 701,989
  • Low Value: 533,768

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $438,800
  • Assessed Land Value: $204,100
  • Assessed Improvements Value: $234,700

    Sales

  • Current Sale Contract Date: Jan 25, 2020
  • Current Sale Recording Date: Jan 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 200004166
  • Previous Sale Recording Date: Jun 30, 1998
  • Previous Sale Amount: $176,000
  • Previous Sale Document Type: 71
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

Unit for rent at 11 Swenson, Bedford, 03110

$4,950 /mo

  • 4 Beds
  • 2 Baths
  • 3,427 ft²
11 Swenson, Bedford, 03110 Listing by Laurie Jordan

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Nicholas Papp, Homefront Realty, LLC
Last Updated Date: 2020-01-28
Last Checked: less than 1 hour ago
Data Source: Prime MLS, MLS# 4772211
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 53 Lawrence Road built and last sold?
The property at 53 Lawrence Road was built in 1987 and last sold on Jan 25, 2020 for $355,000.
How much is this home worth?
The estimated value of the home located at 53 Lawrence Road is $0.
What are some comparable homes to 53 Lawrence Road?
There are currently no comparable homes to 53 Lawrence Road.
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