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Essex
171 Forest Street
Photo of 171 Forest Street
Sold on Nov 13, 2009

1

Map

$551,200
● House - Off Market

171 Forest Street

North Andover, MA 01845
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,320 Ft²
$1,170,844
RealtyHop Estimate
108.19%
Since Dec 1, 2009
MA-Boston
Primary Model

About This Property

Stunning custom designed Colonial set back beautifully on park like grounds. This location is special & designed for enjoyment wonderfully sited on 3 acres of wooded privacy. Gorgeous stone work, waterfalls, expansive deck w/AG pool, putting green. The open flr plan features 8 Rms,3 BR,2.5 BA, formal LR & DR, Family Rm w/FP, lrg eat-in Kitchen w/access to vaulted Sunrm, 1st flr laundry, generously sized Mstr w/vaulted ceiling & Bath. Other amenities: farmers porch, Office, C/A, partially fin LL.
Unit Size
2,320 Ft²
Days on Market
-
Land Size
3.01 acres
Price per sqft
$242
Property Type
House
Property Taxes
$559
HOA Dues
-
Year Built
1993

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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 #70924867)

Price History

Date / Event Date Event Price
Mar 18, 2021 Sold
Premium
Sold
Feb 4, 2021 Listed $699,900
Listed
Nov 13, 2009 Sold
Premium
Sold
May 28, 2009 Listed $562,400
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,256
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 131,551
  • Total Building Area: 2,537
  • Gross Building Area: 4,924
  • Building Area: 2,537
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,537
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003020
  • 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: 253205

Zoning

  • Zoning: R1

Geography

  • Account Number: M_235505_9
  • Parcel: NAND M:00106 B:A0176 L:00000
  • Block: A0176
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6597
  • Longitude: -71.0669

    Address

  • Full Address: 171 Forest St
  • Address - House Number: 171
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Andover
  • Carrier Code: R010
  • 4-Digit Zip Code: 3205
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,026,000

    Appraisal Valuation

  • Standard Deviation: 0.1531
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 1,018,521
  • High Value: 1,174,409
  • Low Value: 862,634

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $925,200
  • Assessed Land Value: $416,200
  • Assessed Improvements Value: $509,000

    Sales

  • Current Sale Contract Date: Mar 17, 2021
  • Current Sale Recording Date: Mar 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9058
  • Previous Sale Recording Date: Nov 13, 2009
  • Previous Sale Amount: $551,200
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2469 ft²

Average Home Age

72.3 years

Currently For Sale

1388 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: 6 months ago
Data Source: MLS PIN, MLS# 70924867

Frequently Asked Questions

When was property at 171 Forest Street built and last sold?
The property at 171 Forest Street was built in 1993 and last sold on Mar 17, 2021 for $850,000.
How much is this home worth?
The estimated value of the home located at 171 Forest Street is $730,499.
What are some comparable homes to 171 Forest Street?
There are currently no comparable homes to 171 Forest Street.
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