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Essex
116 Waverly Road
$225,000
● House - Off Market

116 Waverly Road

North Andover, MA 01845
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,446 Ft²
$481,543
RealtyHop Estimate
114.02%
Since Feb 1, 2013
National-US
Primary Model

About This Property

Beautifully Maintained 2 Bed/1 Bath Colonial in Desirable North Andover Location. Kitchen w/Gorgeous Oak Cabinets, Granite Counter Tops & Recessed Lights. Dining Room w/Sliding Glass Doors Leading Out To Back Deck, Great For Summer Entertaining! Bright, Spacious Living Room w/Bay Window & Closet For Storage Space. Family Room Complete w/Recessed Lights & Built In Shelves. Basement is Completely Waterproofed! Private Fenced In Yard! Located Near Shops, Public Transportation And So Much More!
Unit Size
1,446 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$156
Property Type
House
Property Taxes
$275
HOA Dues
-
Year Built
1860

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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 #71428159)

Price History

Date / Event Date Event Price
Jan 24, 2013 Sold
Premium
Sold
Aug 29, 2012 Listed by McGeough Lamacchia Realty, Inc $225,000
Listed by McGeough Lamacchia Realty, Inc
Apr 11, 2006 Sold
Premium
Sold
Feb 3, 2006 Listed by McGeough Lamacchia Realty, Inc $325,000
Listed by McGeough Lamacchia Realty, Inc
Apr 13, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1860
  • Effective Year Built: 1860
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 708
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,706
  • Total Building Area: 1,446
  • Gross Building Area: 2,418
  • Building Area: 1,446
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,446
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH ANDOVER
  • Land Acres: 0000000131
  • 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_229957_9
  • Parcel: NAND M:00019 B:00021 L:00000
  • Block: 21
  • Municipality: NORTH ANDOVER
  • Latitude: 42.7008
  • Longitude: -71.1344

    Address

  • Full Address: 116 Waverley Rd
  • Address - House Number: 116
  • Address - Street Name: Waverley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Andover
  • Carrier Code: C027
  • 4-Digit Zip Code: 2418
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $505,400

    Appraisal Valuation

  • Standard Deviation: 0.2301
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 68
  • Final Value: 494,893
  • High Value: 608,731
  • Low Value: 381,054

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $455,700
  • Assessed Land Value: $272,800
  • Assessed Improvements Value: $182,900

    Sales

  • Current Sale Recording Date: Jan 24, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Apr 11, 2006
  • Previous Sale Amount: $320,000
  • 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

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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71428159

Frequently Asked Questions

When was property at 116 Waverley Road built and last sold?
The property at 116 Waverley Road was built in 1860 and last sold on Jan 1, 1970 for $225,000.
How much is this home worth?
The estimated value of the home located at 116 Waverley Road is $247,905.
What are some comparable homes to 116 Waverley Road?
There are currently no comparable homes to 116 Waverley Road.
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