For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Essex
112 Lyman Road
$430,000
● House - Off Market

112 Lyman Road

North Andover, MA 01845
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,616 Ft²
$674,127
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Desirable library area. Just what you have been waiting for. This expanded ranch with a 24x24 young addition boasts a Nichols cherry and granite kitchen with island that accommodates 6 stools and is open to dining area and spacious family room. There are sliders to deck. This expanded ranch features lots of hardwood floors, a fireplaced living room. The former kitchen is now a bath and first floor laundry room. This home with its flexible floor plan can work for everyone from an extended family to empty nesters. Other amenities includes Harvey replacement windows. The addition has Anderson double pane windows and Anderson slider. There is a generator installed in 2010. Roof shingles 2011. Great outdoor space features pergola and spacious shed.
Unit Size
1,616 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$260
Property Type
House
Property Taxes
$406
HOA Dues
-
Year Built
1945

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #72160553)

Price History

Date / Event Date Event Price
Jun 23, 2017 Sold
Premium
Sold
May 8, 2017 Listed by William Raveis R.E. & Home Services $419,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 1,040
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,401
  • Total Building Area: 1,616
  • Gross Building Area: 2,656
  • Building Area: 1,616
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,616
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • 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: 253100

Zoning

  • Zoning: R4

Geography

  • Account Number: M_230234_9
  • Parcel: NAND M:00020 B:00034 L:00000
  • Block: 34
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6968
  • Longitude: -71.131

    Address

  • Full Address: 112 Lyman Rd
  • Address - House Number: 112
  • Address - Street Name: Lyman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Andover
  • Carrier Code: C036
  • 4-Digit Zip Code: 3741
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $592,000

    Appraisal Valuation

  • Standard Deviation: 0.1697
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 636,504
  • High Value: 744,501
  • Low Value: 528,508

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $533,800
  • Assessed Land Value: $276,200
  • Assessed Improvements Value: $257,600

    Sales

  • Current Sale Contract Date: Jun 21, 2017
  • Current Sale Recording Date: Jun 23, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 116259
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

2532 ft²

Average Home Age

73 years

Currently For Sale

1479 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# 72160553

Frequently Asked Questions

When was property at 112 Lyman Road built and last sold?
The property at 112 Lyman Road was built in 1945 and last sold on Jun 21, 2017 for $430,000.
How much is this home worth?
The estimated value of the home located at 112 Lyman Road is $436,945.
What are some comparable homes to 112 Lyman Road?
There are currently no comparable homes to 112 Lyman Road.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
North Andover Homes for Sale
North Andover Houses for Sale
North Andover Condos for Sale
North Andover Townhouses for Sale
North Andover Multifamily for Sale
North Andover Land for Sale
North Andover Commercial for Sale
North Andover Homes with Basements
Nearby Cities
Haverhill Homes for Sale
Lynn Homes for Sale
Methuen Town Homes for Sale
Lawrence Homes for Sale
Peabody Homes for Sale
Woburn Homes for Sale
Wakefield Homes for Sale
Danvers Homes for Sale
Nearby Property Records
Essex County, MA Property Records
Middlesex County, MA Property Records
Rockingham County, NH Property Records
Suffolk County, MA Property Records
Hillsborough County, NH Property Records
Norfolk County, MA Property Records
Strafford County, NH Property Records
Worcester County, MA Property Records
Neighborhoods
Downtown Woburn Real Estate
Peabody Town Center Real Estate
Tower Hill Real Estate
North Lexington Real Estate
Prospect Hill - Back Bay Real Estate
Arlington Real Estate
Mount Vernon Real Estate
North Salem Real Estate
Nearby Counties
Haverhill Homes for Sale
Lynn Homes for Sale
Methuen Town Homes for Sale
Lawrence Homes for Sale
Peabody Homes for Sale
Andover Homes for Sale
Billerica Homes for Sale
Tewksbury Homes for Sale
Top Real Estate Agents
Top Agents in North Andover
Top Agents in Haverhill
Top Agents in Haverhill
Top Agents in Lynn
Top Agents in Lynn
Top Agents in Methuen Town
Top Agents in Methuen Town
Top Agents in 01844