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Essex
165 Mill Rd.
$480,000
● House - Off Market

165 Mill Rd.

North Andover, MA 01845
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,272 Ft²
$948,103
RealtyHop Estimate
91.73%
Since Feb 1, 2014
MA-Boston
Primary Model

About This Property

Move right in to this nicely updated and well-maintained 4 bedroom home! There are hardwood floors throughout and 2.5 newly updated bathrooms. The beautifully renovated kitchen has top-of-the-line  appliances and gorgeous granite countertops.  The  open floor plan is ideal for entertaining.  Both the screened in porch and  large deck overlook  the private, wooded backyard.  The finished basement completes this wonderful home.  The location is a perfect blend of privacy and easy highway access.   OPEN HOUSE FOR 11/17 HAS BEEN CANCELED.
Unit Size
2,272 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$218
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1978

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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 #71591674)

Price History

Date / Event Date Event Price
Jan 17, 2014 Sold
Premium
Sold
Oct 1, 2013 Listed by Coldwell Banker Residential Brokerage - Andover $494,500
Listed by Coldwell Banker Residential Brokerage - Andover
Nov 30, 2007 Sold
Premium
Sold
Sep 20, 2007 Listed by Coldwell Banker Residential Brokerage - Andover $519,900
Listed by Coldwell Banker Residential Brokerage - Andover
Jun 15, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 936
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,996
  • Total Building Area: 2,293
  • Gross Building Area: 4,080
  • Building Area: 2,293
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,293
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH ANDOVER
  • Land Acres: 0000001010
  • 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: 253204

Zoning

  • Zoning: R2

Geography

  • Account Number: M_232977_9
  • Parcel: NAND M:00107 B:C0070 L:00000
  • Block: C0070
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6572
  • Longitude: -71.0979

    Address

  • Full Address: 165 Mill Rd
  • Address - House Number: 165
  • Address - Street Name: Mill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Andover
  • Carrier Code: C034
  • 4-Digit Zip Code: 5514
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $822,900

    Appraisal Valuation

  • Standard Deviation: 0.1689
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 839,856
  • High Value: 981,752
  • Low Value: 697,960

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $742,000
  • Assessed Land Value: $348,600
  • Assessed Improvements Value: $393,400

    Sales

  • Current Sale Recording Date: Jan 17, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1018
  • Previous Sale Recording Date: Nov 30, 2007
  • Previous Sale Amount: $515,000
  • 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

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71591674

Frequently Asked Questions

When was property at 165 Mill Road built and last sold?
The property at 165 Mill Road was built in 1978 and last sold on Jan 1, 1970 for $480,000.
How much is this home worth?
The estimated value of the home located at 165 Mill Road is $523,002.
What are some comparable homes to 165 Mill Road?
There are currently no comparable homes to 165 Mill Road.
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