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Essex
6 Heath Rd
$375,000
● House - Off Market

6 Heath Rd

Merrimac, MA 01860
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,750 Ft²
$584,787
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Desirable location. Lovingly maintained for over 40 years, this 3 bedroom split entry home has over 1750 square feet of living space with plenty of room to expand over the garage. Hardwood flooring through most of first floor. Updated kitchen with corian counter tops and newer SS appliances. Gas fireplaces on both levels. Great sun room. New carpeting in the finished lower level. Hot water heater only 4 years old. Replacement windows in most of the home. Whole house generator and window air conditioners to remain as a gift from the seller. Perimeter drainage system and underground sprinkler system. Come make this home your own.
Unit Size
1,750 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$228
Property Type
House
Property Taxes
$423
HOA Dues
-
Year Built
1971

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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: 5 months ago (MLSPIN #72543054)

Price History

Date / Event Date Event Price
Oct 1, 2019 Sold
Premium
Sold
Aug 1, 2019 Listed by William Raveis Real Estate $399,000
Listed by William Raveis Real Estate
Feb 27, 1976 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 1,056
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,588
  • Total Building Area: 2,442
  • Gross Building Area: 3,972
  • Building Area: 2,442
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,442
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000542
  • 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:0062 B:0001 L:004-G
  • Block: 1
  • Lot: 4-G
  • Municipality: MERRIMAC
  • Latitude: 42.8332
  • Longitude: -71.0346

    Address

  • Full Address: 6 Heath Rd
  • Address - House Number: 6
  • Address - Street Name: Heath
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Merrimac
  • Carrier Code: C003
  • 4-Digit Zip Code: 1707
  • Zip Code: 01860

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $680,800

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 583,716
  • High Value: 683,536
  • Low Value: 483,895

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $504,300
  • Assessed Land Value: $255,200
  • Assessed Improvements Value: $249,100

    Sales

  • Current Sale Contract Date: Sep 30, 2019
  • Current Sale Recording Date: Oct 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 605995
  • Previous Sale Recording Date: Feb 27, 1976
  • Previous Sale Amount: $38,300
  • 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 Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2539 ft²

Average Home Age

72.1 years

Currently For Sale

1470 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72543054

Frequently Asked Questions

When was property at 6 Heath Road built and last sold?
The property at 6 Heath Road was built in 1971 and last sold on Sep 30, 2019 for $375,000.
How much is this home worth?
The estimated value of the home located at 6 Heath Road is $416,797.
What are some comparable homes to 6 Heath Road?
There are currently no comparable homes to 6 Heath Road.
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