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Essex
121 Herrick Rd
$397,500
● House - Off Market

121 Herrick Rd

North Andover, MA 01845
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,900 Ft²
$712,765
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Charming Cape-Cod style home in desirable library area. Freshly painted and in move in condition! Spacious kitchen with granite counters and stainless appliances. Separate eating area with slider to back patio. Wonderful formal dining room with classic glass pane doors and a large front to back living room. All bedrooms have hardwood floors, built in dressers or book shelves for extra storage. Upstairs full bath updated with lovely soapstone surround. Partially finished lower level game room . One car garage with newer door. Roof, windows, siding, kitchen all replaced/updated in 2007. Close to town, schools, and highways.
Unit Size
1,900 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$221
Property Type
House
Property Taxes
$391
HOA Dues
-
Year Built
1933

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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: 6 months ago (MLSPIN #71995854)

Price History

Date / Event Date Event Price
Jun 1, 2016 Sold
Premium
Sold
Apr 6, 2016 Listed by Accurety, LLC $419,900
Listed by Accurety, LLC
Apr 27, 2007 Sold
Premium
Sold
Oct 26, 2006 Listed by Accurety, LLC $419,900
Listed by Accurety, LLC
Aug 10, 2006 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • 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: 4
  • 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: 1,002
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,349
  • Total Building Area: 1,754
  • Gross Building Area: 3,222
  • Building Area: 1,754
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,754
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000169
  • 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_230146_9
  • Parcel: NAND M:00020 B:00028 L:00000
  • Block: 28
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6979
  • Longitude: -71.1321

    Address

  • Full Address: 121 Herrick Rd
  • Address - House Number: 121
  • Address - Street Name: Herrick
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Andover
  • Carrier Code: C027
  • 4-Digit Zip Code: 3739
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $573,800

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 604,433
  • High Value: 699,906
  • Low Value: 508,960

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $517,400
  • Assessed Land Value: $276,100
  • Assessed Improvements Value: $241,300

    Sales

  • Current Sale Recording Date: Jun 01, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 114022
  • Previous Sale Recording Date: Apr 27, 2007
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: 48
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# 71995854

Frequently Asked Questions

When was property at 121 Herrick Road built and last sold?
The property at 121 Herrick Road was built in 1933 and last sold on Jan 1, 1970 for $397,500.
How much is this home worth?
The estimated value of the home located at 121 Herrick Road is $441,787.
What are some comparable homes to 121 Herrick Road?
There are currently no comparable homes to 121 Herrick Road.
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