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Essex
161 Hillside Rd
$390,000
● House - Off Market

161 Hillside Rd

North Andover, MA 01845
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,518 Ft²
$834,528
RealtyHop Estimate
103.59%
Since Sep 1, 2012
MA-Boston
Primary Model

About This Property

Oversized Cape Cod style home in pristine condition, in convenient location!  This home has been lovingly cared for by the owner for many years & remains in meticulous condition. Inside you'll find front back fireplace LR, warm & cozy sun rm,  3 spacious bdrms including a 1st floor master suite & 2 full baths. The 1st floor is well planned & has several rooms for entertaining & for relaxation. Hrdwd floors, tiled baths & kitchen, attached 2 car garage & private lot - excellent opportunity!
Unit Size
2,518 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$163
Property Type
House
Property Taxes
$442
HOA Dues
-
Year Built
1949

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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: 4 months ago (MLSPIN #71362756)

Price History

Date / Event Date Event Price
Aug 22, 2012 Sold
Premium
Sold
Apr 5, 2012 Listed by RE/MAX Partners $409,900
Listed by RE/MAX Partners

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • 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: 1,621
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,887
  • Total Building Area: 2,518
  • Gross Building Area: 5,302
  • Building Area: 2,518
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,518
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH ANDOVER
  • Land Acres: 0000000479
  • 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: 253202

Zoning

  • Zoning: R3

Geography

  • Account Number: M_231586_9
  • Parcel: NAND M:00025 B:00047 L:00000
  • Block: 47
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6669
  • Longitude: -71.1146

    Address

  • Full Address: 161 Hillside Rd
  • Address - House Number: 161
  • Address - Street Name: Hillside
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Andover
  • Carrier Code: R003
  • 4-Digit Zip Code: 5316
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $720,100

    Appraisal Valuation

  • Standard Deviation: 0.1697
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 825,216
  • High Value: 995,215
  • Low Value: 655,217

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $649,300
  • Assessed Land Value: $303,100
  • Assessed Improvements Value: $346,200

    Sales

  • Current Sale Recording Date: Aug 22, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000002
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

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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: 4 months ago
Data Source: MLS PIN, MLS# 71362756

Frequently Asked Questions

When was property at 161 Hillside Road built and last sold?
The property at 161 Hillside Road was built in 1949 and last sold on Jan 1, 1970 for $390,000.
How much is this home worth?
The estimated value of the home located at 161 Hillside Road is $443,176.
What are some comparable homes to 161 Hillside Road?
There are currently no comparable homes to 161 Hillside Road.
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