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Essex
7 Skunk Road
$232,000
● House - Off Market

7 Skunk Road

Merrimac, MA 01860
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,362 Ft²
$888,210
RealtyHop Estimate
270.24%
Since Mar 1, 1997
National-US
Primary Model

About This Property

SUNNY EXPANDED CAPE ON 1.84 PRIVATE ACRES ON A HILLTOP. OPEN CONCEPT LIVING WITH OVERSIZED ROOMS, P.& B. CONST WITH WIDE PINE FLRS GIVE THIS SPACIOUS HOME A COUNTRY FEELING. TWO CAR GARAGE, FP IN LIVING & MASTER BDRM, CLOSE TO MERRIMAC RIVER
Unit Size
3,362 Ft²
Days on Market
-
Land Size
1.83 acres
Price per sqft
$71
Property Type
House
Property Taxes
$312
HOA Dues
-
Year Built
1989

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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: 4 years ago (MLSPIN #30122570)

Price History

Date / Event Date Event Price
Dec 30, 2003 Sold
Premium
Sold
Oct 7, 2003 Listed $569,000
Listed
Feb 27, 1997 Sold
Premium
Sold
Aug 16, 1996 Listed $239,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,656
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 80,002
  • Total Building Area: 3,389
  • Gross Building Area: 8,298
  • Building Area: 3,389
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,389
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: PAUL H HARTWELL
  • Land Acres: 0000001837
  • Standard Land Use Code: 8001
  • County Land Use Code: 130

Neighborhood

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

Zoning

  • Zoning: AR

Geography

  • District: 180
  • Parcel: MERR M:0051 B:0002 L:00009
  • Block: 2
  • Lot: 9
  • Municipality: MERRIMAC
  • Latitude: 42.8268
  • Longitude: -70.9763

    Address

  • Full Address: 7 Skunk Rd
  • Address - House Number: 7
  • Address - Street Name: Skunk
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Merrimac
  • Carrier Code: C002
  • 4-Digit Zip Code: 2424
  • Zip Code: 01860

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $438,900

    Appraisal Valuation

  • Standard Deviation: 0.1521
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 872,776
  • High Value: 1,005,573
  • Low Value: 739,980

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $325,100
  • Assessed Land Value: $325,100

    Sales

  • Current Sale Recording Date: Dec 30, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 27, 1997
  • Previous Sale Amount: $232,000
  • 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

$383

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2510 ft²

Average Home Age

73.3 years

Currently For Sale

1405 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: 4 years ago
Data Source: MLS PIN, MLS# 30122570

Frequently Asked Questions

When was property at 7 Skunk Road built and last sold?
The property at 7 Skunk Road was built in 1989 and last sold on Jan 1, 1970 for $525,000.
How much is this home worth?
The estimated value of the home located at 7 Skunk Road is $0.
What are some comparable homes to 7 Skunk Road?
There are currently no comparable homes to 7 Skunk Road.
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