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3 Prospect Hill St

Merrimac, MA 01860

3 bd 2 ba 1,957 sqft Built 1850 Lot 13,038 sqft single_family
Most recent sale
$570,000
Mar 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 24, 2022 Sold $570,000 MLS #72941905
Feb 11, 2022 Listed $529,900 MLS #72941905
Nov 27, 2018 Sold $359,900 MLS #72414230
Oct 23, 2018 Listed $359,900 MLS #72414230
Sep 11, 2018 Sold $399,900 MLS #72358239
Jul 9, 2018 Listed $399,900 MLS #72358239

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $251,800 $292,000 $543,800 $7,205
2024 $243,300 $275,800 $519,100 $7,008
2023 $187,600 $233,600 $421,200 $6,221
2022 $177,500 $188,200 $365,700 $5,976
2021 $168,300 $172,000 $340,300 $5,547
2020 $168,300 $172,000 $340,300 $5,064
2019 $161,400 $148,200 $309,600 $4,895
2018 $164,500 $138,500 $303,000 $4,775
2017 $164,500 $116,000 $280,500 $4,583
2016 $156,700 $116,000 $272,700 $4,407
2015 $145,900 $116,000 $261,900 $4,256
2014 $142,800 $116,000 $258,800 $4,112
2006 $159,700 $128,000 $287,700 $3,107
2005 $139,800 $93,800 $233,600 $2,705
2004 $139,800 $93,800 $233,600 $2,574
2003 $98,900 $62,600 $161,500 $2,419

Property facts

Year built
1850
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,957 sqft
Lot size
13,038 sqft
ZIP code
01860
City
Merrimac
Street
Prospect Hill St
Coordinates
42.83477, -70.99803

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,675
Gross rental yield
11.95%
Implied cap rate
7.77%
Trend-extrapolated value

Frequently asked questions

When did 3 Prospect Hill St last sell?
3 Prospect Hill St most recently sold on Mar 24, 2022 for $570,000.
What is the current tax assessment for 3 Prospect Hill St?
The most recent total assessment for 3 Prospect Hill St (year 2025) is $543,800 with $7,205 in property tax.
How does 3 Prospect Hill St's assessment compare to its last sale price?
The current assessment is 4.6% below the last sale price of $570,000.
When was 3 Prospect Hill St built?
3 Prospect Hill St was built in 1850.
How does 3 Prospect Hill St compare to others on Prospect Hill St?
We track 7 other properties on Prospect Hill St. Browse the list under "Other properties on Prospect Hill St" to compare beds, baths, and sale history.
What are the property facts for 3 Prospect Hill St?
3 Prospect Hill St is a 3 bed, 2 bath, 1,957 sqft, 13,038 sqft lot single_family.
Is 3 Prospect Hill St a flip candidate?
No — 3 Prospect Hill St does not appear in our flips dataset.
Is 3 Prospect Hill St a tax-appeal candidate?
No — 3 Prospect Hill St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.5%
Implied 1-yr
+10.0%
2026 Q3
$845.9K
2026 Q4
$864.2K
ZIP 01860 — Median Price History + Forecast

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