118 River Rd Merrimac — Photo 1 of 37
Recent Drop: $16,000
$749,000
Investment Analysis — 118 River Rd
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 2.69% cap rate and $20,120/yr in estimated NOI at the $749,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,937
Style
Single Family
Built
1805
Wonderful opportunity to own a beautifully renovated 3BR/2BA Greek Revival in highly sought-after Merrimacport! Blending timeless charm with modern farmhouse aesthetics, this light-filled home offers a front-to-back living room with fireplace, wide open flow, and freshly refinished hardwood floors. The updated kitchen features quality appliances, custom details, and space to gather. A dedicated first-floor home office adds flexibility for today’s lifestyle. Upstairs, a spacious landing provides the perfect bonus area for a reading nook or playroom. Every detail has been thoughtfully updated, preserving the character while adding comfort and style. Enjoy outdoor living with your babbling brook. For boat lovers, a mooring on the Merrimack River is included. All this just moments to I-495, under 15 minutes to downtown Newburyport, and in a commuter-friendly location that feels like a hidden gem. Move right in and start enjoying life
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 1,937 sq ft principal dwelling). Lot size: 13,617 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s)
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First19.583333333 x 15.416666666
Dining Room
Lvl First9.333333333 x 12.583333333
Kitchen
Lvl First10.25 x 10.75
Office
Lvl First11.833333333 x 8.75
Master Bedroom
Lvl Second19.666666666 x 11.75
Bedroom 2
Lvl Second9.666666666 x 14.916666666
Bedroom 3
Lvl Second9.666666666 x 14.916666666
Bathroom 1
Lvl First8 x 5.5
Bathroom 2
Lvl Second6.333333333 x 13.416666666
Property History
$749,000
Was $765,000
Aug 10, 2026
MLS® 73536862
$765,000
Jun 16, 2026
MLS® 73536862
$735,000
May 10, 2025
MLS® 73370463
$699,000
May 6, 2025
MLS® 73370463
Listing Agent: Christian Smith
Listing Office: Keller Williams Realty Evolution
MLS® Number: 73536862