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Essex
10 Lancaster Road
$800,000
● House - Off Market

10 Lancaster Road

North Andover, MA 01845
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,676 Ft²
$1,387,785
RealtyHop Estimate
73.49%
Since Aug 1, 2015
MA-Boston
Primary Model

About This Property

NEWCASTLE ESTATES! Timeless style, Quality you expect. Original owners spared no expense in this custom colonial in one of NAND's premier neighborhoods. Open marble Foyer with bridal staircase has French doors leading to a formal LR, DR, Music/Sunroom with full view windows. Custom cherry granite KIT that opens to a spacious Family Room w/private Study (Library) with fireplace. Luxurious Master BR with marble Bath. Well proportioned Bedrooms, walk-up attic. Hardwood and marble in most of the house. Lower Level play room/guest suite with Kitchenette and Bath. New first floor C/Air. This house is on a premium lot convenient to the Olde Center, walking trails, and so much more.
Unit Size
3,676 Ft²
Days on Market
-
Land Size
1.04 acres
Price per sqft
$218
Property Type
House
Property Taxes
$940
HOA Dues
-
Year Built
1993

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71822895)

Price History

Date / Event Date Event Price
Jul 1, 2015 Sold
Premium
Sold
Apr 23, 2015 Listed by William Raveis R.E. & Home Services $799,900
Listed by William Raveis R.E. & Home Services
Jun 25, 1993 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,930
  • Garage Type: 17
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 45,302
  • Total Building Area: 4,662
  • Gross Building Area: 5,900
  • Building Area: 4,662
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,662
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001040
  • 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_234792_9
  • Parcel: NAND M:00104 B:D0172 L:00000
  • Block: D0172
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6742
  • Longitude: -71.0756

    Address

  • Full Address: 10 Lancaster Rd
  • Address - House Number: 10
  • Address - Street Name: Lancaster
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Andover
  • Carrier Code: C029
  • 4-Digit Zip Code: 2147
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,365,600

    Appraisal Valuation

  • Standard Deviation: 0.1538
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,336,675
  • High Value: 1,563,321
  • Low Value: 1,110,028

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,231,400
  • Assessed Land Value: $414,300
  • Assessed Improvements Value: $817,100

    Sales

  • Current Sale Recording Date: Jul 01, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16109
  • Previous Sale Recording Date: Jun 25, 1993
  • Previous Sale Amount: $135,000
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2550 ft²

Average Home Age

72.4 years

Currently For Sale

1469 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# 71822895

Frequently Asked Questions

When was property at 10 Lancaster Road built and last sold?
The property at 10 Lancaster Road was built in 1993 and last sold on Jan 1, 1970 for $800,000.
How much is this home worth?
The estimated value of the home located at 10 Lancaster Road is $837,989.
What are some comparable homes to 10 Lancaster Road?
There are currently no comparable homes to 10 Lancaster Road.
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