Active
5 Days on market
8A Lisa Cir. Merrimac — Photo 1 of 25

8A Lisa Cir. Merrimac — Photo 1 of 25

$234,900

Investment Analysis — 8A Lisa Cir.

Merrimac, MA 01860 — North Shore Community Park

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01860 carries an estimated $2,560/mo in gross rent — about a 6.16% cap rate and $14,468/yr in estimated NOI at the $234,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

980

Style

Mobile Home

Built

1984

Well kept home in the desirable North Shore Community Park. Super affordable living just 20 minutes from the beaches and Newburyport's festivals. Enjoy nearly 1,000 sq. ft. of living space offering two bedrooms, large bath, bright kitchen and living room w/ in-unit laundry. Sit in the yard while hearing the wind whistle through the pines of a quiet neighborhood with no through traffic. Feel safe in a community of neighbors who have all passed a credit and background check. Avail young, loved ones to an education in the highly rated Pentucket School District. Pay $0 in real estate taxes while the low $502/month lot fee provides for your water, sewer, trash removal and road maintenance expense. Whether starting out in the housing market or retiring to a life of leisure, you owe it to yourself to check out this inexpensive option to single-family living.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$234,900
Annual Taxes--
HOA Fee$505

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms4
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

HeatingForced Air
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionModular
RoofShingle
FoundationOther
ZoningMB

Property & Lot

Acres0.07
SqFt Lot3,000
Lot FeaturesLevel

Amenities & Appliances

Range • Refrigerator • Washer • Dryer

Neighborhood

Public School

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenPrimary BedroomBedroom 2Bathroom 1
Living Room
Lvl First
Kitchen
Lvl First
Primary Bedroom
Lvl First
Bedroom 2
Lvl First
Bathroom 1
Lvl First
Listing Provided By

Listing Agent: Anthony J. Mirabito

Listing Office: Cheever Associates

MLS® Number: 73576322