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Hillsborough 03054
7 Erla Road
Listed by: Terry Lajoie, Keller Williams Gateway Realty, Selling Office: Arris Realty, Listing Courtesy of Prime MLS
$193,500
● House - Off Market

7 Erla Road

Merrimack, NH 03054
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,686 Ft²
$370,874
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

Wonderful 4 Bedroom, 2 Full Baths Cape on Cul-de-sac! Spacious kitchen with plenty of cabinets, center island and tiled floor, separate dining room with lots of room for the family and entertaining. 1st floor bedroom, full bath, living room, and beautiful wrap around family room with wood ceilings round out the 1st floor. Upstairs you'll find another full bath, 2 good sized bedrooms, and front to back master with 2 double closets. Partially finished basement with family room. Outside, you'll enjoy the multi level deck and large backyard, all at the end of the cul-de-sac! Don't miss out on this great home! Subject to 3rd party approval.
Unit Size
1,686 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$119
Property Type
House
Property Taxes
$447
HOA Dues
-
Year Built
1983

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 #4345916)

Price History

Date / Event Date Event Price
Sep 16, 2016 Sold
Premium
Sold
Aug 2, 2016 Listed by Keller Williams Gateway Realty $284,900
Listed by Keller Williams Gateway Realty
Jul 10, 2014 Sold
Premium
Sold
Apr 7, 2014 Listed by Keller Williams Gateway Realty $199,900
Listed by Keller Williams Gateway Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 23,087
  • Total Building Area: 1,799
  • Gross Building Area: 2,826
  • Building Area: 1,799
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,799
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000530
  • 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: 5C
  • Parcel: MRMK M:0005C L:000720 S:000000
  • Lot: 720
  • Municipality: MERRIMACK
  • Latitude: 42.8612
  • Longitude: -71.5212

    Address

  • Full Address: 7 Erla Rd
  • Address - House Number: 7
  • Address - Street Name: Erla
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Merrimack
  • Carrier Code: R006
  • 4-Digit Zip Code: 4074
  • Zip Code: 03054

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $680,600

    Appraisal Valuation

  • Standard Deviation: 0.1377
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 83
  • Final Value: 474,045
  • High Value: 539,348
  • Low Value: 408,742

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $349,900
  • Assessed Land Value: $191,300
  • Assessed Improvements Value: $158,600

    Sales

  • Current Sale Recording Date: Sep 16, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6043845
  • Previous Sale Recording Date: Jul 10, 2014
  • Previous Sale Amount: $193,500
  • 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

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

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Prime

Listed by: Terry Lajoie, Keller Williams Gateway Realty
Last Updated Date: 2024-07-09
Last Checked: -1 hour ago
Data Source: Prime MLS, MLS# 4345916
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 7 Erla Road built and last sold?
The property at 7 Erla Road was built in 1983 and last sold on Jan 1, 1970 for $290,000.
How much is this home worth?
The estimated value of the home located at 7 Erla Road is $0.
What are some comparable homes to 7 Erla Road?
There are currently no comparable homes to 7 Erla Road.
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