Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$825,000
Residential income homes
168 Merrimack St Manchester, NH 03103-5228
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US58-0181105
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1910
Construction
FRAME
Total area
4,682 SF
Lot
0.14 ac (6,300 SF)
APN
MNCH M:0073 B:000 L:0064
UPID
US58-0181105
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$870k
CAP Approach
CAP
$905k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$825k
Owner & transaction history
Merrimack St Bring House · 4 yrs held
Merrimack St Bring House
since 2021
Last sale
$775,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$645,000
+68.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Manchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manchester submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$800,000
ML approach
$870,000
CAP Approach
CAP Return
Estimation
6%
$980,000
6.5%
$905,000
7%
$840,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$645,000
Change: +68% · Conversion: Moderate
Blend value · Realmo final
$825k
Range $743k – $908k · ±10% · vs last sale $775k (Nov 19 2021)
Last sale anchor
$775k
Nov 19 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$176 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,483
Tax year 2023
Assessed value
$449,800
Assessed 2023
Previous assessed
$449,800
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$106,000
Assessed improvement
$343,800
Applied tax rate
45,140.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1910
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
3
Units
17
Total area
4,682 SF
Lot
0.14 ac (6,300 SF)
APN
MNCH M:0073 B:000 L:0064
UPID
US58-0181105
Jurisdiction
MANCHESTER CITY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$645,000
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1910
Construction
FRAME
Heating
HOT WATER
Stories
3
Buildings
1
Units
17
Lot
0.14 ac
Current owner
From public records · entity-resolved
Merrimack St Bring House
Individual
Mailing address
40 COURTLAND ST, NASHUA, NH 03064-2135
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2023
—
Merrimack St Bring House
—
Deed
related
$100,000 · Franklin Savings Bank
Nov 19, 2021
$775,000
Merrimack St Bring House
Merrimack St LLC
Warranty Deed
$620,000 · Franklin Savings Bank
Jan 22, 2021
—
168 Merrimack St LLC
—
Deed
related
$400,000 · Franklin Savings Bank
Nov 19, 2020
$670,000
168 Merrimack St LLC
168 Mmk St LLC
Warranty Deed
related
—
Dec 18, 2012
$365,000
168 Mmk St LLC
Joshua Irt
Warranty Deed
$235,000 · Td Banknorth Mortgage Group
Dec 18, 2012
—
168 Mmk St LLC
—
Deed Of Trust
related
$110,000 · Joshua T
Apr 28, 2010
—
Mitch Sahrizowski
—
Deed Of Trust
related
$5,910 · Bernard M Gamache
Jul 18, 2008
—
Joshua Irt
—
Deed Of Trust
related
$180,000 · Ocean Bank
Mar 10, 1998
$65,000
500k RT
Senecal Props INC
Warranty Deed
—
May 8, 1997
$90,000
Senecal Props INC
Aj Ret
Warranty Deed
$20,000 · Zwi Kohorn
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 168 Merrimack St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
