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Hillsborough 03054
8 Carter Road
$171,000
● House - Off Market

8 Carter Road

Merrimack, NH 03054
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,194 Ft²
$317,491
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model

About This Property

Newly renovated 3 Bedroom Ranch-style home. Upgrades include brand new eat-in Kitchen with cherry cabinets and stainless steel appliances; fresh paint, new berber carpeting and refinished hardwood floors.  Spacious Living Room with a wood fireplace, mudroom, maintenance-free vinyl siding, large deck in back and storage shed.  There's a 1-car attached garage, huge yard and much more. Within walking distance to Baboosic Lake.  Situated in a convenient location on a lovely level lot in a great neighborhood. May require 3rd party approval.
Unit Size
1,194 Ft²
Days on Market
-
Land Size
0.63 acres
Price per sqft
$142
Property Type
House
Property Taxes
$394
HOA Dues
-
Year Built
1954

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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 months ago (MLSPIN #71731294)

Price History

Date / Event Date Event Price
Aug 1, 2023 Sold
Premium
Sold
Jun 22, 2023 Listed by WEICHERT, REALTORS® - Peterson & Associates $380,000
Listed by WEICHERT, REALTORS® - Peterson & Associates
Aug 23, 2018 No longer available -
No longer available
Jul 27, 2018 Sold
Premium
Sold
Jun 11, 2018 Listed by WEICHERT, REALTORS® - Peterson & Associates $249,900
Listed by WEICHERT, REALTORS® - Peterson & Associates
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 720
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,443
  • Total Building Area: 1,446
  • Gross Building Area: 3,147
  • Building Area: 1,446
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,446
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000630
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Merrimack School District
  • School Tax School District: MERRIMACK
  • Census Tract: 014201

Zoning

  • Zoning: RESIDE

Geography

  • Assessors Map Reference: 6A-2
  • Parcel: MRMK M:06A-2 L:000083 S:000000
  • Lot: 83
  • Municipality: MERRIMACK
  • Latitude: 42.8879
  • Longitude: -71.5691

    Address

  • Full Address: 8 Carter Rd
  • Address - House Number: 8
  • Address - Street Name: Carter
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Merrimack
  • Carrier Code: R010
  • 4-Digit Zip Code: 2221
  • Zip Code: 03054

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $591,100

    Appraisal Valuation

  • Standard Deviation: 0.1386
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 83
  • Final Value: 378,682
  • High Value: 431,194
  • Low Value: 326,171

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $303,900
  • Assessed Land Value: $182,000
  • Assessed Improvements Value: $121,900

    Sales

  • Current Sale Contract Date: Aug 01, 2023
  • Current Sale Recording Date: Aug 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 230024880
  • Previous Sale Recording Date: Jul 27, 2018
  • Previous Sale Amount: $247,000
  • 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

3419 ft²

Average Home Age

60.4 years

Currently For Sale

948 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 44 Stowell, Bedford, 03110

$3,950 /mo

  • 3 Beds
  • 2 Baths
  • 2,860 ft²
44 Stowell, Bedford, 03110 Listing by Sharon Bean
Unit for rent at 16 Clark Island, Amherst, 03031

$3,900 /mo

  • 4 Beds
  • 2 Baths
  • 2,208 ft²
16 Clark Island, Amherst, 03031

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71731294

Frequently Asked Questions

When was property at 8 Carter Road built and last sold?
The property at 8 Carter Road was built in 1954 and last sold on Aug 1, 2023 for $295,000.
How much is this home worth?
The estimated value of the home located at 8 Carter Road is $371,860.
What are some comparable homes to 8 Carter Road?
There are currently no comparable homes to 8 Carter Road.
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