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Essex
18 Lyman Rd
Photo of 18 Lyman Rd
Sold on Dec 11, 2009

1

Map

$375,000
● House - Off Market

18 Lyman Rd

North Andover, MA 01845
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,500 Ft²
$835,381
RealtyHop Estimate
114.26%
Since Jan 1, 2010
National-US
Primary Model

About This Property

BRING OFFERS!! MUST SELL!! Picture Perfect home in sought after Library District! New custom kitchen w/ full Granite, new cabinets, & wine rack. Formal dining room w/charming built-ins. Gleaming Hardwood floors throughout. 2 Full Baths. All new windows, freshly painted, updated electric, & new brushed nickel fixtures. Plush lawn, prof. landscaped, huge deck and level yard perfect for entertaining. Brand new fieldstone rock wall & granite front steps. Steps to parks, shopping,& school!!
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$260
Property Type
House
Property Taxes
$304
HOA Dues
-
Year Built
1945

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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: 5 months ago (MLSPIN #70885622)

Price History

Date / Event Date Event Price
Dec 11, 2009 Sold
Premium
Sold
Mar 9, 2009 Listed $389,900
Listed
Mar 31, 2005 Sold
Premium
Sold
Feb 1, 2005 Listed $389,900
Listed
Aug 1, 2001 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,143
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,107
  • Total Building Area: 1,934
  • Gross Building Area: 3,576
  • Building Area: 1,934
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,934
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000186
  • 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: 253100

Zoning

  • Zoning: R4

Geography

  • Account Number: M_229960_9
  • Parcel: NAND M:00016 B:00012 L:00000
  • Block: 12
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6947
  • Longitude: -71.1343

    Address

  • Full Address: 18 Lyman Rd
  • Address - House Number: 18
  • Address - Street Name: Lyman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Andover
  • Carrier Code: C036
  • 4-Digit Zip Code: 3710
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $608,600

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 632,372
  • High Value: 732,257
  • Low Value: 532,486

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $548,800
  • Assessed Land Value: $277,600
  • Assessed Improvements Value: $271,200

    Sales

  • Current Sale Recording Date: Dec 11, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 99784
  • Previous Sale Recording Date: Mar 31, 2005
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: 48
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

2533 ft²

Average Home Age

72.6 years

Currently For Sale

1471 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70885622

Frequently Asked Questions

When was property at 18 Lyman Road built and last sold?
The property at 18 Lyman Road was built in 1945 and last sold on Jan 1, 1970 for $375,000.
How much is this home worth?
The estimated value of the home located at 18 Lyman Road is $406,241.
What are some comparable homes to 18 Lyman Road?
There are currently no comparable homes to 18 Lyman Road.
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