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Rensselaer 12144
Lot 2 Empire Drive
$419,000
● House - Off Market

Lot 2 Empire Drive

North Andover, MA 12144
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,600 Ft²
$901,709
RealtyHop Estimate
115.21%
Since Sep 1, 2012
National-US
Primary Model

About This Property

New Construction: Willow Plan offers an open concept kitchen family room. Home includes 9' ceilings on 1st floor, gas Fireplace & cathedral ceiling in family room, and walk out lower level for future expansion.  Bosch SS appliances, central air, hardwood floors on 1st flr, separate laundry room on 2nd floor, 40 year architectural shingles. ENERGY STAR HOME.   ALREADY 70% SOLD! Located in North Andover's newest neighborhood. FRANKLIN SCHOOL DISTRICT. DIRECTIONS-use 815 Chestnut St.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$262
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2001

Payment Calculator

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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 #71365403)

Price History

Date / Event Date Event Price
Aug 1, 2012 Sold
Premium
Sold
Apr 11, 2012 Listed by LAER Realty Partners $419,000
Listed by LAER Realty Partners

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Business/Commerical Units Count: 12
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 287,496
  • Lot Size Frontage Feet: 3,437
  • Total Building Area: 40,000
  • Gross Building Area: 40,000
  • Building Area: 40,000
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: O
  • Land Acres: 0000006600
  • Standard Land Use Code: 3003
  • County Land Use Code: 464
  • Legal Description 1: 2 EMPIRE DRIVE 2003 PERMIT #14395 2000/5 PARCEL 2

Neighborhood

  • School District Name: East Greenbush Central School District
  • School Tax School District: EAST GREENBUSH
  • Census Tract: 052406

Zoning

  • Zoning: OC

Geography

  • Account Number: 225J127909
  • District: 382400
  • Section: 155.00
  • Parcel: 382400 155.-4-7.2
  • Block: 4
  • Lot: 7.002
  • Municipality: EAST GREENBUSH
  • Latitude: 42.6306
  • Longitude: -73.703

    Address

  • Full Address: 2 Empire Dr
  • Address - House Number: 2
  • Address - Street Name: Empire
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Rensselaer
  • Carrier Code: R004
  • 4-Digit Zip Code: 5730
  • Zip Code: 12144

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,586,734
  • Tax Rate Code Area: 382401

    Market Valuation

  • Market Total Value: $4,179,522
  • Market Land Value: $144,937
  • Market Improvement Value: $4,034,585

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,359,500
  • Assessed Land Value: $116,500
  • Assessed Improvements Value: $3,243,000
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 Rensselaer

Stats & Trends

Median Asking:

$300,000

Sale Price/ft²

$196

Below Asking

0.02%

Average Days on Market

65

Average Home Size

2241 ft²

Average Home Age

95.1 years

Currently For Sale

327 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 578 Columbia Turnpike Drive, East Greenbush, NY, 12061

$2,367 /mo

  • 2 Beds
  • 1 Bath
  • 1,106 ft²
578 Columbia Turnpike Drive #408, East Greenbush, NY, 12061 Listing by Nicole Blanchette

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 71365403

Frequently Asked Questions

When was property at 2 Empire Drive built and last sold?
The property at 2 Empire Drive was built in 2001 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2 Empire Drive is $418,584.
What are some comparable homes to 2 Empire Drive?
There are currently no comparable homes to 2 Empire Drive.
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