1 Alnette Road Merrimac — Photo 1 of 42
$869,000
Investment Analysis — 1 Alnette Road
Merrimac, MA 01860 — Lake Attitash
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 2.10% cap rate and $18,267/yr in estimated NOI at the $869,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,799
Style
Single Family
Built
1931
LIFESTYLE CHANGE FOR SALE! Imagine waking up to sunrise & sparkling water views, enjoying morning coffee on a screened porch overlooking the lake & ending the day w/ a gentle summer breeze. This rare opportunity to own a beautifully restored waterfront Cape Cod cottage on desirable Lake Attitash offers not just a home, but an entirely different way of living. Warm, inviting & filled w/ character, this charming home blends original charm w/ thoughtful updates. Original wood floors, warm pine walls & a fieldstone fireplace w/ gas insert create a quintessential New England atmosphere, while enlarged windows, glass sliders & skylights bring the outdoors in & showcase breathtaking lake views from nearly every room. Updated kitchen & baths provide today's conveniences without sacrificing the home's personality. Step outside & the magic continues. The screened porch, deck & private dock capture spectacular 180-degree lake views—perfect for morning coffee, cocktails, entertaining or relaxing w/ a good book. Thoughtfully landscaped grounds provide a peaceful, private setting. Just listen to the birds singing! A dock, boat & two kayaks are included, so you can enjoy the lake immediately. Swim, waterski, fish, cruise by pontoon or speedboat, kayak, paddleboard, pedal around the lake, or simply drift along & take in the scenery. Lake Attitash is known for excellent fishing & has been featured on television by Charlie Moore, the “Mad Fisherman.” There is even a designated area to practice your golf swing & putting stroke! Or transform that space into a hot tub retreat & soak beneath the stars. A detached 2-car garage—rare w/ a waterfront property—was added in 2019 & provides space for cars, boats & lake toys. The full basement offers abundant storage & a workshop. Lake Attitash is known for clean water & abundant wildlife. Watch for swans, loons, ducks, blue herons, owls, eagles, cormorants & more. Pick wild blueberries, fish, paddle or simply relax by the water. Winter brings ice skating, ice sailing & ice fishing. This is the kind of property that invites you to slow down, have more fun & truly enjoy the life you've worked hard to create. Whether a year-round retreat, vacation home or gathering place for family & friends, this special waterfront home offers an extraordinary opportunity to embrace the lake lifestyle. Only 5 mins from Rte 495 & a short ride to Newburyport & charming downtown Amesbury. A truly special home in a truly special setting. If not now, when?
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 1,799 sq ft principal dwelling). Lot size: 6,970 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
Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Range Hood • Plumbed For Ice Maker
Neighborhood
Shopping • Walk/Jog Trails • Laundromat • Bike Path • Conservation Area • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First17 x 14
Flooring - Wall to Wall Carpet, Recessed Lighting, Slider, Gas Stove
Dining Room
Lvl First12 x 8
Flooring - Stone/Ceramic Tile
Kitchen
Lvl First14 x 7
Skylight, Flooring - Laminate, Countertops - Upgraded, Kitchen Island, Stainless Steel Appliances
Family Room
Lvl First19 x 16
Flooring - Hardwood
Primary Bedroom
Lvl Second14 x 12
Skylight, Cathedral Ceiling(s), Beamed Ceilings, Closet, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Second13 x 10
Bedroom 3
Lvl Second19 x 9
Closet, Flooring - Wood
Bathroom 1
Lvl Second7 x 5
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl First10 x 5
Bathroom - Full, Bathroom - With Shower Stall, Countertops - Stone/Granite/Solid
Listing Agent: The Peggy Patenaude Team
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73578094
