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Essex
12 Ferry St
$325,000
● House - Off Market

12 Ferry St

North Andover, MA 01845
bedrooms
2 Beds
bathrooms
1 Bath
square feet
642 Ft²
$328,666
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Welcome to this well-cared-for condo alternative nestled just outside downtown N. Andover on a dead-end street. This cozy ranch is set along the Merrimac River with a small craft launch access just around the corner. Fishing sites and walking paths along the river allow the enjoyment of nature while still conveniently located near 495 and less than 1 mile to the MBTA stop. The kitchen and bathroom were renovated in 2021 featuring crisp white cabinetry and quartz countertops. New heating and hot water systems installed in 2019. Relax on the 3-season porch filled with natural light just off the primary bedroom. Plenty of room to create a wonderful outdoor living space in the backyard. Parking for 3+ vehicles in the driveway paved in 2020.
Unit Size
642 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$506
Property Type
House
Property Taxes
$290
HOA Dues
-
Year Built
1900

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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: 6 months ago (MLSPIN #72979143)

Price History

Date / Event Date Event Price
Jun 29, 2022 Sold
Premium
Sold
May 10, 2022 Listed by Sagan Harborside Sotheby's International Realty $324,900
Listed by Sagan Harborside Sotheby's International Realty
Jul 28, 2017 Sold
Premium
Sold
Jun 5, 2017 Listed by Sagan Harborside Sotheby's International Realty $209,000
Listed by Sagan Harborside Sotheby's International Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • 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: 600
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,449
  • Total Building Area: 900
  • Gross Building Area: 1,900
  • Building Area: 900
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 900
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JESSIE SARGENT ESTATE
  • Land Acres: 0000000125
  • 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_229950_9
  • Parcel: NAND M:00017 B:00002 L:00000
  • Block: 2
  • Municipality: NORTH ANDOVER
  • Latitude: 42.7071
  • Longitude: -71.1344

    Address

  • Full Address: 12 Ferry St
  • Address - House Number: 12
  • Address - Street Name: Ferry
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Andover
  • Carrier Code: C032
  • 4-Digit Zip Code: 1603
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $349,100

    Appraisal Valuation

  • Standard Deviation: 0.1743
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 372,921
  • High Value: 437,895
  • Low Value: 307,946

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $314,800
  • Assessed Land Value: $228,000
  • Assessed Improvements Value: $86,800

    Sales

  • Current Sale Contract Date: Jun 29, 2022
  • Current Sale Recording Date: Jun 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15427
  • Previous Sale Recording Date: Jul 28, 2017
  • Previous Sale Amount: $209,000
  • Previous Sale Document Type: O
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

2473 ft²

Average Home Age

73.2 years

Currently For Sale

1400 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72979143

Frequently Asked Questions

When was property at 12 Ferry Street built and last sold?
The property at 12 Ferry Street was built in 1900 and last sold on Jun 29, 2022 for $325,000.
How much is this home worth?
The estimated value of the home located at 12 Ferry Street is $320,990.
What are some comparable homes to 12 Ferry Street?
There are currently no comparable homes to 12 Ferry Street.
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