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Essex
2 Peterson
$329,900
● House - Off Market

2 Peterson

North Andover, MA 01845
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,260 Ft²
$812,880
RealtyHop Estimate
146.40%
Since Jan 1, 2002
MA-Boston
Primary Model

About This Property

VERY LIGHT & BRIGHT 3 BEDRM COLONIAL INMEADOWOOD3. SKYLIGHT IN LIVING RM. HDWD FLRS IN LIVING&DINING RMS & KITCHEN. FIRE PLACE IN LIVING RM. OVERSIZED DECK OVERLOOKS PRIVATE WOODED YARD. AIR COND. 1 CAR GARAGE.  SUPRA
Unit Size
1,260 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$262
Property Type
House
Property Taxes
$254
HOA Dues
-
Year Built
1995

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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: 4 years ago (MLSPIN #30559780)

Price History

Date / Event Date Event Price
Dec 19, 2001 Sold
Premium
Sold
Nov 9, 2001 Listed by Carlson GMAC Real Estate $329,900
Listed by Carlson GMAC Real Estate
May 3, 1995 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 590
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,477
  • Total Building Area: 1,240
  • Gross Building Area: 2,360
  • Building Area: 1,240
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,240
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000355
  • 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: 253204

Zoning

  • Zoning: R6

Geography

  • Account Number: M_231554_9
  • Parcel: NAND M:00025 B:00161 L:00000
  • Block: 161
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6629
  • Longitude: -71.115

    Address

  • Full Address: 2 Peterson Rd
  • Address - House Number: 2
  • Address - Street Name: Peterson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Andover
  • Carrier Code: R003
  • 4-Digit Zip Code: 5931
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $647,900

    Appraisal Valuation

  • Standard Deviation: 0.1537
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 715,033
  • High Value: 824,949
  • Low Value: 605,116

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $584,200
  • Assessed Land Value: $292,300
  • Assessed Improvements Value: $291,900

    Sales

  • Current Sale Recording Date: Dec 19, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 03, 1995
  • Previous Sale Amount: $192,620
  • 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:

$699,500

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

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: 4 years ago
Data Source: MLS PIN, MLS# 30559780

Frequently Asked Questions

When was property at 2 Peterson Road built and last sold?
The property at 2 Peterson Road was built in 1995 and last sold on Jan 1, 1970 for $329,900.
How much is this home worth?
The estimated value of the home located at 2 Peterson Road is $0.
What are some comparable homes to 2 Peterson Road?
There are currently no comparable homes to 2 Peterson Road.
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