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1 Lisa Circle Merrimac — Photo 1 of 32

1 Lisa Circle Merrimac — Photo 1 of 32

$299,000

Investment Analysis — 1 Lisa Circle

Merrimac, MA 01860 — North Shore Community

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 4.59% cap rate and $13,735/yr in estimated NOI at the $299,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

1,465

Style

Mobile Home

Built

1980

Welcome to 1 Lisa Circle in the desirable, non-age-restricted North Shore Community! Warm and welcoming, this spacious 2-bedroom home offers a wonderful layout and truly lives like a home. Enter through the inviting covered front porch into an oversized family room, where a cozy wood stove creates the perfect place to relax. A separate spacious living room features a skylight and mini-split. The large open kitchen is ideal for gathering, with a pantry, two refrigerators, skylight and picture window filling the space with natural light. Both bedrooms are generously sized with multiple closets, offering abundant storage. The primary bedroom also features its own mini-split for added comfort, while the second bedroom is currently used as a home office. The updated bath boasts an oversized stone-tiled shower. A large private screened porch provides even more space to enjoy. Washer and dryer & 2nd Fridge included. A double-sided shed and corner lot complete this special home. Offering an affordable alternative to condo or traditional single-family living, this is a wonderful opportunity to enjoy spacious, single-level homeownership. $502 monthly fee includes RE TAXES, WATER, SEWER, trash, snow removal and road maintenance. Community approval required. Located within the Pentucket Regional School District. Just 20 min to area beaches! Close to Newburyport, great shopping and major routes. Come take a look!

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$299,000
Annual Taxes--
HOA Fee$502

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms5
FireplacesNone
FlooringVinyl, Flooring - Wall to Wall Carpet
BasementNone

Climate & Utilities

HeatingBaseboard, Electric Baseboard, Oil, Wood, Wood Stove, Ductless
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionSee Remarks
RoofShingle, Rubber
FoundationSlab
ZoningMH

Property & Lot

Acres--
SqFt Lot--
Lot FeaturesCorner Lot, Level

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer • Other

Neighborhood

Shopping • Medical Facility • Highway Access

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenFamily RoomPrimary BedroomBedroom 2Bathroom 1
Living Room
Lvl First

17.8 x 16.4

Skylight, Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Engineered Hardwood

Kitchen
Lvl First

17.7 x 11.1

Skylight, Ceiling Fan(s), Closet, Flooring - Vinyl, Window(s) - Bay/Bow/Box, Lighting - Pendant, Lighting - Overhead

Family Room
Lvl First

18.2 x 11.1

Exterior Access, Remodeled, Closet - Double, Flooring - Engineered Hardwood

Primary Bedroom
Lvl First

13 x 10.8

Ceiling Fan(s), Lighting - Overhead, Closet - Double, Flooring - Engineered Hardwood

Bedroom 2
Lvl First

11.4 x 10.1

Bathroom 1
Lvl First

Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Closet - Linen, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Lighting - Pendant

Listing Provided By

Listing Agent: Evy Gillette

Listing Office: Realty One Group Nest

MLS® Number: 73581200