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Hillsborough 03054
54 Fairway Drive
Listed by: Joe Gindi, Century 21 North East, Selling Office: Keller Williams Realty-Metropolitan, Listing Courtesy of Prime MLS
$263,900
● House - Off Market

54 Fairway Drive

Merrimack, NH 03054
bedrooms
3 Beds
bathrooms
1 Bath
square feet
960 Ft²
$367,315
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Rare opportunity to own a 1 owner, lovingly maintained home in desirable Merrimack neighborhood. Great location with easy access to Rt 3 and 293 for commuters. Within the last 6 years many improvements have been done including new roof, hot water heater, forced hot air furnace, central a/c, 200 amp electrical panel, front and side doors/storm doors, and new kitchen counters. This home also has public water and sewer helping to keep maintenance costs low. Lots of room in the basement if you need a little extra space. Showings begin Saturday 4/11. Don't miss out on this one!
Unit Size
960 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$271
Property Type
House
Property Taxes
$420
HOA Dues
-
Year Built
1971

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 #4800851)

Price History

Date / Event Date Event Price
May 19, 2020 Sold
Premium
Sold
Apr 9, 2020 Listed by Century 21 North East $259,900
Listed by Century 21 North East

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,647
  • Total Building Area: 1,110
  • Gross Building Area: 1,980
  • Building Area: 1,110
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,110
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000474
  • 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: 7D
  • Parcel: MRMK M:0007D L:000190 S:000000
  • Lot: 190
  • Municipality: MERRIMACK
  • Latitude: 42.9004
  • Longitude: -71.4838

    Address

  • Full Address: 54 Fairway Dr
  • Address - House Number: 54
  • Address - Street Name: Fairway
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: Merrimack
  • Carrier Code: R005
  • 4-Digit Zip Code: 2622
  • Zip Code: 03054

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $574,400

    Appraisal Valuation

  • Standard Deviation: 0.1386
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 83
  • Final Value: 409,241
  • High Value: 465,990
  • Low Value: 352,492

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $295,300
  • Assessed Land Value: $188,700
  • Assessed Improvements Value: $106,600

    Sales

  • Current Sale Recording Date: May 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 200024116
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

49

Average Home Size

3355 ft²

Average Home Age

58.8 years

Currently For Sale

679 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: Joe Gindi, Century 21 North East
Last Updated Date: 2020-05-20
Last Checked: 4 hours ago
Data Source: Prime MLS, MLS# 4800851
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 54 Fairway Drive built and last sold?
The property at 54 Fairway Drive was built in 1971 and last sold on Jan 1, 1970 for $264,000.
How much is this home worth?
The estimated value of the home located at 54 Fairway Drive is $260,795.
What are some comparable homes to 54 Fairway Drive?
There are currently no comparable homes to 54 Fairway Drive.
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