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Essex
7 Pine Bluff Ave
$379,000
● House - Off Market

7 Pine Bluff Ave

Merrimac, MA 01860
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,223 Ft²
$656,888
RealtyHop Estimate
68.48%
Since Dec 1, 2016
National-US
Primary Model

About This Property

Lake access steps outside your front door on sought after Lake Attitash!   Great home with water views.  Spacious eat-in kitchen with double pantries, family room with water views, formal dining room,  4 large bedrooms, 3 full baths, plenty of closet space, partially finished lower level, private road.   Master Bedroom with walk-in closets, master bath with shower, and Jacuzzi tub.   Plus city water, city sewer, natural gas.  Lake boat ramp just down the road.  Great location! 20 minutes from the Ocean, minutes to 495 and 95 and tax free NH right next door.
Unit Size
2,223 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$175
Property Type
House
Property Taxes
$418
HOA Dues
-
Year Built
2000

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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: 6 months ago (MLSPIN #72055991)

Price History

Date / Event Date Event Price
Nov 21, 2016 Sold
Premium
Sold
Aug 20, 2016 Listed by Lakefront Living Realty, LLC $389,900
Listed by Lakefront Living Realty, LLC
Apr 22, 2009 Sold
Premium
Sold
Dec 8, 2008 Listed by Lakefront Living Realty, LLC $269,900
Listed by Lakefront Living Realty, LLC

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,140
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,545
  • Total Building Area: 2,565
  • Gross Building Area: 3,420
  • Building Area: 2,565
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,565
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000173
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Pentucket School District
  • Census Tract: 262100

Zoning

  • Zoning: LA

Geography

  • District: 180
  • Parcel: MERR M:0093 B:0001 L:00019
  • Block: 1
  • Lot: 19
  • Municipality: MERRIMAC
  • Latitude: 42.8433
  • Longitude: -70.9804

    Address

  • Full Address: 7 Pine Bluff Ave
  • Address - House Number: 7
  • Address - Street Name: Pine Bluff
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Merrimac
  • Carrier Code: C002
  • 4-Digit Zip Code: 1628
  • Zip Code: 01860

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $835,800

    Appraisal Valuation

  • Standard Deviation: 0.1639
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 688,178
  • High Value: 800,758
  • Low Value: 575,599

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $619,100
  • Assessed Land Value: $300,400
  • Assessed Improvements Value: $318,700

    Sales

  • Current Sale Recording Date: Nov 21, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7
  • Previous Sale Recording Date: Apr 22, 2009
  • Previous Sale Amount: $270,000
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2467 ft²

Average Home Age

72.8 years

Currently For Sale

1401 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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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72055991

Frequently Asked Questions

When was property at 7 Pine Bluff Avenue built and last sold?
The property at 7 Pine Bluff Avenue was built in 2000 and last sold on Jan 1, 1970 for $379,000.
How much is this home worth?
The estimated value of the home located at 7 Pine Bluff Avenue is $414,438.
What are some comparable homes to 7 Pine Bluff Avenue?
There are currently no comparable homes to 7 Pine Bluff Avenue.
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