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Essex
102 Springhill Road
$442,000
● House - Off Market

102 Springhill Road

North Andover, MA 01845
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4,000 Ft²
$2,088,067
RealtyHop Estimate
335.10%
Since Nov 1, 1996
MA-Boston
Primary Model
Unit Size
4,000 Ft²
Days on Market
-
Land Size
1.04 acres
Price per sqft
$120
Property Type
House
Property Taxes
$418
HOA Dues
-
Year Built
1986

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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: 4 years ago (MLSPIN #30124977)

Price History

Date / Event Date Event Price
Jan 8, 2007 Sold
Premium
Sold
Oct 28, 1996 Sold
Premium
Sold
Sep 1, 1996 Listed by Hunneman Victor - And/ Elm St. $479,900
Listed by Hunneman Victor - And/ Elm St.

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 8
  • 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: 1,706
  • 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: 4,108
  • Gross Building Area: 6,660
  • Building Area: 4,108
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,108
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRING HILL
  • 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: 253204

Zoning

  • Zoning: R2

Geography

  • Account Number: M_234038_9
  • Parcel: NAND M:00107 B:A0238 L:00000
  • Block: A0238
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6609
  • Longitude: -71.0851

    Address

  • Full Address: 102 Spring Hill Rd
  • Address - House Number: 102
  • Address - Street Name: Spring Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Andover
  • Carrier Code: C034
  • 4-Digit Zip Code: 4929
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,275,100

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,277,496
  • High Value: 1,479,281
  • Low Value: 1,075,710

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,149,800
  • Assessed Land Value: $392,500
  • Assessed Improvements Value: $757,300

    Sales

  • Current Sale Recording Date: Jan 08, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 131347
  • Previous Sale Recording Date: Oct 28, 1996
  • Previous Sale Amount: $442,000
  • 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30124977

Frequently Asked Questions

When was property at 102 Spring Hill Road built and last sold?
The property at 102 Spring Hill Road was built in 1986 and last sold on Jan 1, 1970 for $810,000.
How much is this home worth?
The estimated value of the home located at 102 Spring Hill Road is $482,631.
What are some comparable homes to 102 Spring Hill Road?
There are currently no comparable homes to 102 Spring Hill Road.
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