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Essex
1 Berkeley Road
$297,000
● House - Off Market

1 Berkeley Road

North Andover, MA 01845
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,116 Ft²
$651,908
RealtyHop Estimate
117.38%
Since Dec 1, 2002
MA-Boston
Primary Model

About This Property

BEAUTIFUL CONTEMPORARY RANCH IN TOP LOCATION! THIS PICTURE- PRETTY RANCH HAS LOTS OF STYLE! OPEN CONCEPT LIVNG RM/DINING RM HAS CATH CEIL & OPENS TO STEP-DOWN FAM RM W/FLR TO CEIL F/P, BLT-IN BOOKCASES, & SLIDERS TO WRAP-AROUND DECK!
Unit Size
1,116 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$269
Property Type
House
Property Taxes
$217
HOA Dues
-
Year Built
1970

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (MLSPIN #30657023)

Price History

Date / Event Date Event Price
Nov 29, 2002 Sold
Premium
Sold
Oct 10, 2002 Listed by Coldwell Banker Residential Brokerage - North Andover $299,900
Listed by Coldwell Banker Residential Brokerage - North Andover
Jan 12, 1993 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 876
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,554
  • Total Building Area: 1,615
  • Gross Building Area: 2,584
  • Building Area: 1,615
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,615
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELIZABETH T ELLIOT ESTATE
  • Land Acres: 0000000288
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Andover School District
  • School Tax School District: NO ANDOVER SD
  • Census Tract: 253202

Zoning

  • Zoning: R4

Geography

  • Account Number: M_230877_9
  • Parcel: NAND M:00047 B:00031 L:00000
  • Block: 31
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6722
  • Longitude: -71.1233

    Address

  • Full Address: 1 Berkeley Rd
  • Address - House Number: 1
  • Address - Street Name: Berkeley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Andover
  • Carrier Code: C037
  • 4-Digit Zip Code: 5203
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $543,300

    Appraisal Valuation

  • Standard Deviation: 0.1697
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 590,845
  • High Value: 691,094
  • Low Value: 490,595

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $489,900
  • Assessed Land Value: $225,600
  • Assessed Improvements Value: $264,300

    Sales

  • Current Sale Recording Date: Nov 29, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 12, 1993
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2546 ft²

Average Home Age

73.2 years

Currently For Sale

1483 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 30657023

Frequently Asked Questions

When was property at 1 Berkeley Road built and last sold?
The property at 1 Berkeley Road was built in 1970 and last sold on Jan 1, 1970 for $297,000.
How much is this home worth?
The estimated value of the home located at 1 Berkeley Road is $311,122.
What are some comparable homes to 1 Berkeley Road?
There are currently no comparable homes to 1 Berkeley Road.
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