2 Mechanic St Merrimac — Photo 1 of 38
$739,900
Investment Analysis — 2 Mechanic St
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 3.16% cap rate and $23,370/yr in estimated NOI at the $739,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
1,830
Style
Single Family
Built
1825
Step into a meticulously transformed 1825 colonial that marries historic charm with modern luxury. Rebuilt from the inside out, this home boasts all-new flooring, walls, and systems, ensuring contemporary comfort. The kitchen and bathrooms shine with brand-new fittings, while the expansive primary suite offers a private bath and spacious closet. Two additional bedrooms accompany a full bath and a convenient half bath. Sunlight dances across the hardwood floors, accentuated by high and cathedral ceilings in the inviting familyroom with its fireplace. Outside, new landscaping complements an inviting inground swimming pool. Nestled close to downtown, this residence offers a harmonious blend of classic architecture and present-day amenities. Experience this rare opportunity to own a piece of history with all the comforts of a newly built home.
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 1,830 sq ft principal dwelling). Lot size: 6,821 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.
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Amenities & Appliances
Electric Water Heater • Range • Microwave • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher • Range Hood
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Listing Agent: Lisa Berry
Listing Office: Simply Sell Realty
MLS® Number: 73521009