Essex
16 Compass Point #16
$645,000
●
Condo -
Off Market
16 Compass Point #16
North Andover, MA 01845
4 Beds
2 Baths,
2
Half Baths
2,448 Ft²
$684,852
RealtyHop Estimate
5.52%
Since Oct 1, 2022
MA-Boston
Primary Model
About This Property
PRICE ADJUSTMENT! Compass Pt. Unit unlike others! This seller
upgraded the floor plan during the build, opting for the 4
bedroom/bonus room floor plan, w/ 2 full & 2 half bathrooms! The
sunny kitchen is equipped w/ upgraded stainless steel appliances,
island seating w/ granite counters, a full size walk in pantry &
slider w/ outdoor balcony access. Open concept living at its
finest! The kitchen opens to the dining & expansive living room,
making this an entertainers dream!The living room is spacious yet
cozy w/ a gas fireplace. The Primary bedroom has an oversized
walk-in closet, ceiling fan, private balcony, &full bathroom w/
double vanity, shower w/glass slider door &spa like tub. All
bedrooms on 3rd floor have hardwood floors & generously sized
closets, w/access to an additional full bath & laundry! Additional
bedroom on 1st floor is great for guests/ perfect place to work
from home. Half bath conveniently placed on the same level. Nest
thermos. Northeast facing & only 4years young
Unit Size
2,448 Ft²
Days on Market
-
Land Size
-
Price per sqft
$265
Property Type
Condo
Property Taxes
$582
HOA Dues
$372
Year Built
2018
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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 #72994053)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2022 | Sold | ||
| Sold | |||
| Jun 8, 2022 | Listed by LAER Realty Partners | $649,000 | |
| Listed by LAER Realty Partners | |||
| | |||
|
PRICE ADJUSTMENT! Compass Pt. Unit unlike others! This seller upgraded the floor plan during the build, opting for the 4 bedroom/bonus room floor plan, w/ 2 full & 2 half bathrooms! The sunny kitchen is equipped w/ upgraded stainless steel appliances, island seating w/ granite counters, a full size walk in pantry & slider w/ outdoor balcony access. Open concept living at its finest! The kitchen opens to the dining & expansive living room, making this an entertainers dream!The living room is spacious yet cozy w/ a gas fireplace. The Primary bedroom has an oversized walk-in closet, ceiling fan, private balcony, &full bathroom w/ double vanity, shower w/glass slider door &spa like tub. All bedrooms on 3rd floor have hardwood floors & generously sized closets, w/access to an additional full bath & laundry! Additional bedroom on 1st floor is great for guests/ perfect place to work from home. Half bath conveniently placed on the same level. Nest thermos. Northeast facing & only 4years young
| |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Garage
Parking Details
Has Garage
Attached Garage
Parking Features: Off Street, Under
Garage Spaces: 2
Interior Details
Half Bathrooms: 2
Full Bathrooms: 2
Interior Features: Bathroom - Full, Bathroom - With Tub & Shower, Countertops - Stone/Granite/Solid, Bathroom
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Flooring Type: Tile, Carpet, Hardwood, Flooring - Stone/Ceramic Tile
Laundry Features: In Unit, Closet/Cabinets - Custom Built, Third Floor
Rooms: 7
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 2448
Year Built Source: Public Records
Year Built: 2018
Building Area Total: 2448
Building Area Units: Square Feet
Patio and Porch Features: Deck
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $502,800
Tax Annual Amount: $6,980
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas, Propane
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Snow Removal, Road Maintenance
HOA Fee: $372
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/08/2022
|
4 Bed
|
4 Bath
|
2448 ft²
|
$649,000
4 Bed
4 Bath
2448 ft²
|
$645,000
-0.62%
09/20/2022
|
Silver Key Homes Group
LAER Realty Partners
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017