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Essex
110 Nutmeg Lane
$820,000
● House - Off Market

110 Nutmeg Lane

North Andover, MA 01845
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
4,000 Ft²
$1,902,563
RealtyHop Estimate
125.82%
Since Jul 1, 2002
MA-Boston
Primary Model

About This Property

FABULOUS COLONIAL AT ABBOT VILLAGE BUILT BY PAUL ST. HILAIRE FEATURING 2-STORY FOYER WITH CIRCULAR STAIRCASE,LIBRARY,GMT. KITCHEN,FAMILY ROOM W/STONE FIREPLACE, 2ND STAIRWAY, MASTER SUITE W/GAS FP, WALK TO SARGENT SCHOOL, TOWN SEWER!
Unit Size
4,000 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$211
Property Type
House
Property Taxes
$761
HOA Dues
-
Year Built
2001

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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 #30570419)

Price History

Date / Event Date Event Price
Jun 20, 2002 Sold
Premium
Sold
Jan 7, 2002 Listed by Dewolfe-Andover $842,500
Listed by Dewolfe-Andover
Jul 17, 2001 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 2
  • Basement Area: 1,857
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,038
  • Total Building Area: 4,290
  • Gross Building Area: 7,639
  • Building Area: 4,290
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,290
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANDOVER PLAN 13742
  • Land Acres: 0000000575
  • 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: R3

Geography

  • Account Number: M_233435_9
  • Parcel: NAND M:00038 B:00273 L:00000
  • Block: 273
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6705
  • Longitude: -71.0921

    Address

  • Full Address: 110 Nutmeg Ln
  • Address - House Number: 110
  • Address - Street Name: Nutmeg
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: North Andover
  • Carrier Code: C026
  • 4-Digit Zip Code: 4840
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,392,900

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,394,474
  • High Value: 1,630,921
  • Low Value: 1,158,028

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,256,000
  • Assessed Land Value: $389,300
  • Assessed Improvements Value: $866,700

    Sales

  • Current Sale Recording Date: Jun 20, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 17, 2001
  • Previous Sale Amount: $940,300
  • 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

2523 ft²

Average Home Age

72.6 years

Currently For Sale

1457 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# 30570419

Frequently Asked Questions

When was property at 110 Nutmeg Lane built and last sold?
The property at 110 Nutmeg Lane was built in 2001 and last sold on Jan 1, 1970 for $820,000.
How much is this home worth?
The estimated value of the home located at 110 Nutmeg Lane is $883,385.
What are some comparable homes to 110 Nutmeg Lane?
There are currently no comparable homes to 110 Nutmeg Lane.
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