Active
32 Days on market
37 School Street Merrimac — Photo 1 of 42

37 School Street Merrimac — Photo 1 of 42

Recent Drop: $50,000

$899,900
$849,900

$849,900

Investment Analysis — 37 School Street

Merrimac, MA 01860

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 01860 carries an estimated $3,390/mo in gross rent — about a 2.61% cap rate and $22,212/yr in estimated NOI at the $849,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

3

SqFt

2,832

Style

Single Family

Built

1881

Charming 5 bedroom 3 bath colonial, where classic New England charm meets easy modern living. There's plenty of space to work from home and enjoy time with family and friends. A beautiful grand staircase sets the tone as you enter, leading to bright, inviting living spaces and flexible first floor bedroom or office.Cheerful kitchen features center island and opens onto the deck, making summer dinners and backyard gatherings a breeze. Enjoy sunny days on the front porch or cozy evenings inside with the central air. The mostly fenced , level lot offers room to relax and play, while the garage and walk up provide great storage and future possibilities. Ideally located in the sought after Pentucket Regional and Whittier Regional School Districts. You'll be close to beaches, dining, and routes 495 and 95. A wonderful blend of charm, space and everyday convenience- ready to welcome you 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 2,832 sq ft principal dwelling). Lot size: 10,890 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.

Property Details

Financials

Original Price$899,900
Annual Taxes$8,705

Parking

Garage1
Off-Street5

Interior Specifications

Total Rooms9
FireplacesNone
Flooring--
BasementFull, Concrete

Climate & Utilities

HeatingForced Air
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationStone, Granite
Zoningvr

Property & Lot

Acres0.25
SqFt Lot10,890
Lot FeaturesCorner Lot, Level

Amenities & Appliances

Gas Water Heater

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 3Bedroom 4Bedroom 5Bathroom 2Bathroom 3
First
Living RoomDining RoomBedroom 2Bathroom 1
Main,First
Kitchen
Living Room
Lvl First

16 x 13

Flooring - Wood, Window(s) - Bay/Bow/Box, Exterior Access

Dining Room
Lvl First

14 x 12

Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Crown Molding

Kitchen
Lvl Main,First

22 x 18

Coffered Ceiling(s), Vaulted Ceiling(s), Closet, Closet/Cabinets - Custom Built, Pantry, Countertops - Upgraded, Kitchen Island, Country Kitchen, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Gas Stove, Lighting - Pendant, Lighting - Overhead, Half Vaulted Ceiling(s)

Master Bedroom
Lvl Second

18 x 20

Bathroom - 3/4, Ceiling Fan(s), Closet - Linen, Closet, Remodeled, Lighting - Overhead

Bedroom 2
Lvl First

13 x 13

Bedroom 3
Lvl Second

13.5 x 12.5

Closet, Flooring - Wood, Lighting - Overhead

Bedroom 4
Lvl Second

13.5 x 12.5

Closet, Flooring - Wood, Lighting - Overhead

Bedroom 5
Lvl Second

13.5 x 12.5

Closet, Flooring - Wood, Lighting - Overhead

Bathroom 1
Lvl First

11 x 9

Bathroom - 3/4, Dryer Hookup - Electric, Lighting - Overhead

Bathroom 2
Lvl Second

12 x 6

Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Lighting - Overhead

Bathroom 3
Lvl Second

12 x 6

Bathroom - 3/4, Bathroom - With Shower Stall

Property History

Price Drop
$849,900

Was $899,900

Aug 25, 2026

MLS® 73561787

Listed
$899,900

Aug 11, 2026

MLS® 73561787

Terminated
$899,900

Jul 24, 2026

MLS® 73517593

Listed
$899,900

May 13, 2026

MLS® 73517593

Terminated
$989,900

May 5, 2026

MLS® 73496983

Listed
$989,900

Apr 7, 2026

MLS® 73496983

Terminated
$1,100,000

Nov 10, 2025

MLS® 73421908

Listed
$1,100,000

Aug 25, 2025

MLS® 73421908

Listing Provided By

Listing Agent: Heidi A. Jewett

Listing Office: Jewett Real Estate

MLS® Number: 73561787