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Essex
204 Mill Road
$555,000
● House - Off Market

204 Mill Road

North Andover, MA 01845
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,738 Ft²
$747,552
RealtyHop Estimate
38.46%
Since May 1, 2020
MA-Boston
Primary Model

About This Property

There's no place like home! You will be amazed at how spacious this stylish colonial is inside!  Imagine yourself sitting in the living room by the roaring fireplace, adjacent to light filled dining room with beautiful picture window and welcoming kitchen. Cozy family room leads you to spacious deck overlooking level large park-like backyard , perfect for skating rink or pool. Second floor has four bedrooms all with hardwood floors and updated full bath. Basement has options as well and an additional attached storage area. Central air has a clear air circulator attached . Peaceful living at its best while being conveniently close to shops, schools and transportation. Brand new septic system being installed by current owner. . . DONT MISS THIS ONE!!
Unit Size
1,738 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$311
Property Type
House
Property Taxes
$573
HOA Dues
-
Year Built
1964

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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 months ago (MLSPIN #72622320)

Price History

Date / Event Date Event Price
Apr 30, 2020 Sold
Premium
Sold
Feb 21, 2020 Listed by William Raveis R.E. & Home Services $539,900
Listed by William Raveis R.E. & Home Services
Jun 29, 1992 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 16
  • 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: 958
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,996
  • Total Building Area: 1,738
  • Gross Building Area: 3,392
  • Building Area: 1,738
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,738
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001010
  • 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: R2

Geography

  • Account Number: M_233008_9
  • Parcel: NAND M:00107 B:A0063 L:00000
  • Block: A0063
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6582
  • Longitude: -71.0971

    Address

  • Full Address: 204 Mill Rd
  • Address - House Number: 204
  • Address - Street Name: Mill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Andover
  • Carrier Code: C034
  • 4-Digit Zip Code: 5515
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $763,300

    Appraisal Valuation

  • Standard Deviation: 0.1697
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 764,697
  • High Value: 894,443
  • Low Value: 634,950

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $688,300
  • Assessed Land Value: $348,600
  • Assessed Improvements Value: $339,700

    Sales

  • Current Sale Contract Date: Apr 27, 2020
  • Current Sale Recording Date: Apr 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10058
  • Previous Sale Recording Date: Jun 29, 1992
  • Previous Sale Amount: $210,000
  • 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

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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: 4 months ago
Data Source: MLS PIN, MLS# 72622320

Frequently Asked Questions

When was property at 204 Mill Road built and last sold?
The property at 204 Mill Road was built in 1964 and last sold on Apr 27, 2020 for $555,000.
How much is this home worth?
The estimated value of the home located at 204 Mill Road is $553,070.
What are some comparable homes to 204 Mill Road?
There are currently no comparable homes to 204 Mill Road.
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