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Hillsborough 03054
62 Bates
$161,100
● House - Off Market

62 Bates

Merrimack, NH 03054
bedrooms
5 Beds
bathrooms
1 Bath
square feet
1,370 Ft²
$302,170
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model

About This Property

Great Location! 3 bedroom Cape that needs your finishing touch! A few cosmetic details will make this house your home! Approved short sale.
Unit Size
1,370 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$113
Property Type
House
Property Taxes
$416
HOA Dues
-
Year Built
1966

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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: 4 months ago (MLSPIN #71523641)

Price History

Date / Event Date Event Price
Oct 25, 2018 Sold
Premium
Sold
Aug 31, 2018 Listed by RE/MAX Properties Hollis $299,900
Listed by RE/MAX Properties Hollis
Oct 17, 2013 Sold
Premium
Sold
May 10, 2013 Listed by RE/MAX Properties Hollis $155,000
Listed by RE/MAX Properties Hollis

Property Highlights

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 884
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,465
  • Gross Building Area: 2,707
  • Building Area: 1,465
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,465
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Merrimack School District
  • School Tax School District: MERRIMACK
  • Census Tract: 014302

Zoning

  • Zoning: RESIDE

Geography

  • Assessors Map Reference: 3A
  • Parcel: MRMK M:0003A L:000085 S:000000
  • Lot: 85
  • Municipality: MERRIMACK
  • Latitude: 42.8201
  • Longitude: -71.5597

    Address

  • Full Address: 62 Bates Rd
  • Address - House Number: 62
  • Address - Street Name: Bates
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Merrimack
  • Carrier Code: R002
  • 4-Digit Zip Code: 4587
  • Zip Code: 03054

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $611,500

    Appraisal Valuation

  • Standard Deviation: 0.1185
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 87
  • Final Value: 454,297
  • High Value: 508,136
  • Low Value: 400,458

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $314,400
  • Assessed Land Value: $199,000
  • Assessed Improvements Value: $115,400

    Sales

  • Current Sale Recording Date: Oct 25, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8047677
  • Previous Sale Recording Date: Oct 17, 2013
  • Previous Sale Amount: $161,100
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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

Unit for rent at 3 New Haven, Nashua, 03063

$2,200 /mo

  • 2 Beds
  • 1 Bath
  • 972 ft²
3 New Haven #G205, Nashua, 03063 Listing by Jody Landry

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71523641

Frequently Asked Questions

When was property at 62 Bates Road built and last sold?
The property at 62 Bates Road was built in 1966 and last sold on Jan 1, 1970 for $295,000.
How much is this home worth?
The estimated value of the home located at 62 Bates Road is $300,816.
What are some comparable homes to 62 Bates Road?
There are currently no comparable homes to 62 Bates Road.
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