
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer • Other
Neighborhood
Shopping • Medical Facility • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First17.8 x 16.4
Skylight, Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Engineered Hardwood
Kitchen
Lvl First17.7 x 11.1
Skylight, Ceiling Fan(s), Closet, Flooring - Vinyl, Window(s) - Bay/Bow/Box, Lighting - Pendant, Lighting - Overhead
Family Room
Lvl First18.2 x 11.1
Exterior Access, Remodeled, Closet - Double, Flooring - Engineered Hardwood
Primary Bedroom
Lvl First13 x 10.8
Ceiling Fan(s), Lighting - Overhead, Closet - Double, Flooring - Engineered Hardwood
Bedroom 2
Lvl First11.4 x 10.1
Bathroom 1
Lvl FirstBathroom - 3/4, Bathroom - Tiled With Shower Stall, Closet - Linen, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Lighting - Pendant
Listing Agent: Evy Gillette
Listing Office: Realty One Group Nest
MLS® Number: 73581200
