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Essex
174 Cotuit St
$485,000
● House - Off Market

174 Cotuit St

North Andover, MA 01845
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,555 Ft²
$635,892
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

WOW move right in to this well cared for 3 bedroom 2 bath ranch hidden in a neighborhood close to shopping and highway.  If you love entertaining this open concept grand family room/ dining room and kitchen are what you have been waiting for, with sliders to oversized deck and great yard.   Do not miss the fireplaced formal dining room with loads of light that leads to 3 good sized bedrooms and full bath.  Lower level is finished and waiting for you to make it a great game room or media center with a 3/4 bath and laundry area.  Home also boasts large 2 car garage, central air conditioning and so much more.  Subject to lot being subdivided for exact lot specifications.  All showings begin at open house 10/18/20 12 to 2 pm
Unit Size
1,555 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$321
Property Type
House
Property Taxes
$465
HOA Dues
-
Year Built
1959

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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: 5 years ago (MLSPIN #72743248)

Price History

Date / Event Date Event Price
Feb 1, 2021 Sold
Premium
Sold
Oct 15, 2020 Listed by LAER Realty Partners $499,900
Listed by LAER Realty Partners
Jun 23, 1992 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • 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: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,535
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,220
  • Total Building Area: 1,555
  • Gross Building Area: 4,023
  • Building Area: 1,555
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,555
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000349
  • 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: R4

Geography

  • Account Number: M_230178_9
  • Parcel: NAND M:00023 B:00020 L:00000
  • Block: 20
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6789
  • Longitude: -71.1318

    Address

  • Full Address: 174 Cotuit St
  • Address - House Number: 174
  • Address - Street Name: Cotuit
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Andover
  • Carrier Code: C037
  • 4-Digit Zip Code: 5014
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $606,000

    Appraisal Valuation

  • Standard Deviation: 0.1744
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 622,742
  • High Value: 731,374
  • Low Value: 514,110

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $546,400
  • Assessed Land Value: $291,800
  • Assessed Improvements Value: $254,600

    Sales

  • Current Sale Contract Date: Jan 26, 2021
  • Current Sale Recording Date: Feb 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 3634
  • Previous Sale Recording Date: Jun 23, 1992
  • Previous Sale Amount: $52,500
  • 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

2541 ft²

Average Home Age

72.9 years

Currently For Sale

1497 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

Unit for rent at 23 Florence, Andover, 01810

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
23 Florence, Andover, 01810 Listing by Julie Ratte

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72743248

Frequently Asked Questions

When was property at 174 Cotuit Street built and last sold?
The property at 174 Cotuit Street was built in 1959 and last sold on Jan 26, 2021 for $485,000.
How much is this home worth?
The estimated value of the home located at 174 Cotuit Street is $0.
What are some comparable homes to 174 Cotuit Street?
There are currently no comparable homes to 174 Cotuit Street.
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