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Essex
1 Equestrian Drive
$621,000
● House - Off Market

1 Equestrian Drive

North Andover, MA 01845
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,681 Ft²
$1,117,362
RealtyHop Estimate
89.42%
Since Sep 1, 2013
MA-Boston
Primary Model

About This Property

LOOKING FOR GENEROUS SPACE AND ROOM FOR ALL! Amazing 3681 SF multi-level home beautifully sited on acre cul-de-sac lot. Formal LR with fireplace, oversized DR, center island kitchen, in-law suite with private entrance, additional 847 sf. in the LL finished gameroom with gas fireplace, granite counters and abundant storage. Master suite with sitting room and luxurious master bath, 2 laundry hook-ups, VERY FLEXIBLE FLOORPLAN, BRING YOUR MOTHER-IN-LAW.
Unit Size
3,681 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$160
Property Type
House
Property Taxes
$762
HOA Dues
-
Year Built
1988

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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: 4 months ago (MLSPIN #71511600)

Price History

Date / Event Date Event Price
Aug 1, 2013 Sold
Premium
Sold
Apr 18, 2013 Listed by Prudential Howe & Doherty $589,900
Listed by Prudential Howe & Doherty
Aug 25, 2000 Sold
Premium
Sold
Jul 7, 2000 Listed by Prudential Howe & Doherty $599,900
Listed by Prudential Howe & Doherty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,736
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 4,437
  • Gross Building Area: 6,496
  • Building Area: 4,437
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,437
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CASABLANCAA TWNHS
  • Land Acres: 0000001000
  • 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: 253205

Zoning

  • Zoning: R1

Geography

  • Account Number: M_237091_9
  • Parcel: NAND M:00105 B:D0149 L:00000
  • Block: D0149
  • Municipality: NORTH ANDOVER
  • Latitude: 42.643
  • Longitude: -71.0477

    Address

  • Full Address: 1 Equestrian Dr
  • Address - House Number: 1
  • Address - Street Name: Equestrian
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: North Andover
  • Carrier Code: R010
  • 4-Digit Zip Code: 3352
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,023,600

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,122,529
  • High Value: 1,312,864
  • Low Value: 932,193

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $923,000
  • Assessed Land Value: $392,000
  • Assessed Improvements Value: $531,000

    Sales

  • Current Sale Recording Date: Aug 01, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22687
  • Previous Sale Recording Date: Aug 25, 2000
  • Previous Sale Amount: $599,900
  • 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

2533 ft²

Average Home Age

72.6 years

Currently For Sale

1471 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71511600

Frequently Asked Questions

When was property at 1 Equestrian Drive built and last sold?
The property at 1 Equestrian Drive was built in 1988 and last sold on Jan 1, 1970 for $621,000.
How much is this home worth?
The estimated value of the home located at 1 Equestrian Drive is $638,662.
What are some comparable homes to 1 Equestrian Drive?
There are currently no comparable homes to 1 Equestrian Drive.
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