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Essex
183 Bear Hill Rd
$920,000
● House - Off Market

183 Bear Hill Rd

North Andover, MA 01845
bedrooms
4 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
3,712 Ft²
$784,242
RealtyHop Estimate
-0.72%
Since Sep 1, 2023
MA-Boston
Primary Model

About This Property

Standing ovation for this location!  This stylish Contemporary home in the sought after Bear Hill neighborhood is not your common colonial!  A striking design, this home sits on a private corner lot of 1.37 acres and features, 4 bedrooms, 3 full and 2 half baths, dining space, flexible living areas, and features many mature plantings for a private natural  setting. A finished basement with bar and sauna walks out to a lovely yard featuring a worry free PebbleTech in-ground pool. Young solar panels keep your electric costs low. A great home for entertaining or maybe you're going out...  It's  a short run to 95 for the seacoast or the city. Desirable Franklin school, Smolak Farm, N.A. Country club, playing fields/dog park and shopping are close by. Your own private oasis awaits, enjoy your Staycation!
Unit Size
3,712 Ft²
Days on Market
-
Land Size
1.31 acres
Price per sqft
$213
Property Type
House
Property Taxes
$820
HOA Dues
-
Year Built
1984

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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 months ago (MLSPIN #73135270)

Price History

Date / Event Date Event Price
Aug 28, 2023 Sold
Premium
Sold
Jul 20, 2023 In contract -
In contract
Jul 12, 2023 Listed by RE/MAX Partners $789,950
Listed by RE/MAX Partners
Jul 31, 2013 Sold
Premium
Sold
Nov 1, 2012 Listed by RE/MAX Partners $575,000
Listed by RE/MAX Partners
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Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 21
  • 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: 1,464
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 57,064
  • Total Building Area: 3,496
  • Gross Building Area: 5,444
  • Building Area: 3,496
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,496
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001310
  • 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_233927_9
  • Parcel: NAND M:00065 B:00096 L:00000
  • Block: 96
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6769
  • Longitude: -71.086

    Address

  • Full Address: 183 Bear Hill Rd
  • Address - House Number: 183
  • Address - Street Name: Bear Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Andover
  • Carrier Code: C029
  • 4-Digit Zip Code: 2125
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,067,300

    Appraisal Valuation

  • Standard Deviation: 0.1689
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,017,167
  • High Value: 1,189,019
  • Low Value: 845,314

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $962,400
  • Assessed Land Value: $417,500
  • Assessed Improvements Value: $544,900

    Sales

  • Current Sale Contract Date: Aug 28, 2023
  • Current Sale Recording Date: Aug 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13944
  • Previous Sale Recording Date: Jul 31, 2013
  • Previous Sale Amount: $557,500
  • Previous Sale Document Type: O
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:

$699,500

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2546 ft²

Average Home Age

72.5 years

Currently For Sale

1487 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: 5 months ago
Data Source: MLS PIN, MLS# 73135270

Frequently Asked Questions

When was property at 183 Bear Hill Road built and last sold?
The property at 183 Bear Hill Road was built in 1984 and last sold on Aug 28, 2023 for $920,000.
How much is this home worth?
The estimated value of the home located at 183 Bear Hill Road is $813,060.
What are some comparable homes to 183 Bear Hill Road?
There are currently no comparable homes to 183 Bear Hill Road.
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