4 Mechanic St #1 Merrimac — Photo 1 of 32
$479,900
Investment Analysis — 4 Mechanic St #1
Merrimac, MA 01860
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01860 carries an estimated $3,080/mo in gross rent — about a 3.93% cap rate and $18,869/yr in estimated NOI at the $479,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,730
Style
Condominium
Built
1900
Welcome home to this versatile condo with a two-car garage! The open concept living room, kitchen, and dining room will make entertaining a breeze. Flexible third floor space filled with natural light would serve nicely as guest quarters, a home office, or an art studio. Updates include a new roof (2024) and new programmable heat and A/C (2025), so you can settle in with peace of mind. In-unit laundry adds everyday convenience, and pets are welcome! Commuters—you'll love the location, close to Interstates 93, 95, and 495.
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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCeiling Fan(s), Flooring - Hardwood, Open Floorplan
Dining Room
Lvl FirstCeiling Fan(s), Flooring - Hardwood, Open Floorplan
Kitchen
Lvl FirstBathroom - Half, Flooring - Hardwood, Open Floorplan
Primary Bedroom
Lvl Second16 x 13
Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Second12 x 10
Bathroom 1
Lvl FirstBathroom - Half, Flooring - Hardwood
Bathroom 2
Lvl SecondBathroom - Full, Flooring - Stone/Ceramic Tile
Listing Agent: Noreen Suleski
Listing Office: Jack Gately Real Estate, LLC
MLS® Number: 73580697
