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Essex
9 Abbott St
$350,000
● House - Off Market

9 Abbott St

Merrimac, MA 01860
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,820 Ft²
$638,769
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

Immaculate 2001 low maintenance  Cape style home with a versatile floor plan offering a first floor master or second floor master... featuring 6 rooms, 4 bedrooms, 2.5 bath over 1800 sq. ft. on large .27 acre flat fenced lot. Sunny, spacious cabinet packed Maple kitchen w/ SS appliances, Large fireplaced living room, First floor Master suite, (or den)  1/2 bath, complete the first floor The second floor features Three spacious bedrooms and ample closet space , cedar closet and full bath .  Central air,shed, farmers porch for summer nights,  walk out basement ready for you to finish..First floor laundry or LL. Start packing and call today.!
Unit Size
1,820 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$198
Property Type
House
Property Taxes
$389
HOA Dues
-
Year Built
1940

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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: 5 months ago (MLSPIN #71829459)

Price History

Date / Event Date Event Price
Aug 14, 2015 Sold
Premium
Sold
May 4, 2015 Listed by RE/MAX Main St. Associates $359,900
Listed by RE/MAX Main St. Associates
Sep 15, 2006 Sold
Premium
Sold
Jan 24, 2006 Listed by RE/MAX Main St. Associates $364,900
Listed by RE/MAX Main St. Associates

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 540
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,092
  • Total Building Area: 1,223
  • Gross Building Area: 2,137
  • Building Area: 1,223
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,223
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000278
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: VR

Geography

  • District: 180
  • Parcel: MERR M:0006 B:0002 L:00009
  • Block: 2
  • Lot: 9
  • Municipality: MERRIMAC
  • Latitude: 42.8384
  • Longitude: -71.0079

    Address

  • Full Address: 9 Abbott St
  • Address - House Number: 9
  • Address - Street Name: Abbott
  • Address - Suffix Type: St
  • State: MA
  • City Name: Merrimac
  • Carrier Code: C001
  • 4-Digit Zip Code: 1402
  • Zip Code: 01860

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $630,000

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 526,942
  • High Value: 617,054
  • Low Value: 436,830

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $466,700
  • Assessed Land Value: $274,600
  • Assessed Improvements Value: $192,100

    Sales

  • Current Sale Recording Date: Aug 14, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 454
  • Previous Sale Recording Date: Sep 15, 2006
  • Previous Sale Amount: $345,000
  • 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

2520 ft²

Average Home Age

73.7 years

Currently For Sale

1438 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: 5 months ago
Data Source: MLS PIN, MLS# 71829459

Frequently Asked Questions

When was property at 9 Abbott Street built and last sold?
The property at 9 Abbott Street was built in 1940 and last sold on Jan 1, 1970 for $350,000.
How much is this home worth?
The estimated value of the home located at 9 Abbott Street is $379,273.
What are some comparable homes to 9 Abbott Street?
There are currently no comparable homes to 9 Abbott Street.
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