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Essex
21 Norman Road
$710,000
● House - Off Market

21 Norman Road

North Andover, MA 01845
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,514 Ft²
$657,894
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Charming, completely remolded home situated in a sought after neighborhood close to schools, parks, & downtown.  Spacious & bright open plan living room & dining room & a 1st floor office or sunroom.  You will love the new kitchen with lots of white cabinets, contrasting countertops & backsplash, new appliances, &  recessed lighting, full tile bath completes the first floor.  Upstairs You'll find 3 generous bedrooms each with a ductless split, lots of closet space, & an additional new bathroom with large tile shower.  Home has hardwood floors throughout, with the exception of tile baths, there is a welcoming front foyer & a mud room off side entrance.  Enjoy relaxing on your covered front porch.  Nothing to do but move in and enjoy.
Unit Size
1,514 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$429
Property Type
House
Property Taxes
$434
HOA Dues
-
Year Built
1930

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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 #72953489)

Price History

Date / Event Date Event Price
Apr 22, 2022 Sold
Premium
Sold
Mar 16, 2022 Listed by Century 21 Mclennan & Company $649,000
Listed by Century 21 Mclennan & Company
Aug 19, 2021 Sold
Premium
Sold
Jun 14, 2021 Listed by Century 21 Mclennan & Company $349,900
Listed by Century 21 Mclennan & Company

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • 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: 927
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,950
  • Total Building Area: 1,700
  • Gross Building Area: 2,769
  • Building Area: 1,700
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,700
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000137
  • 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_229944_9
  • Parcel: NAND M:00015 B:00011 L:00000
  • Block: 11
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6981
  • Longitude: -71.1346

    Address

  • Full Address: 21 Norman Rd
  • Address - House Number: 21
  • Address - Street Name: Norman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Andover
  • Carrier Code: C027
  • 4-Digit Zip Code: 3518
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $634,800

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 657,607
  • High Value: 769,068
  • Low Value: 546,145

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $572,400
  • Assessed Land Value: $273,300
  • Assessed Improvements Value: $299,100

    Sales

  • Current Sale Contract Date: Apr 22, 2022
  • Current Sale Recording Date: Apr 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 127021
  • Previous Sale Recording Date: Aug 19, 2021
  • Previous Sale Contract Date: Aug 19, 2021
  • Previous Sale Amount: $383,000
  • Previous Sale Document Type: 35
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

2549 ft²

Average Home Age

72.5 years

Currently For Sale

1472 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# 72953489

Frequently Asked Questions

When was property at 21 Norman Road built and last sold?
The property at 21 Norman Road was built in 1930 and last sold on Apr 22, 2022 for $710,000.
How much is this home worth?
The estimated value of the home located at 21 Norman Road is $645,957.
What are some comparable homes to 21 Norman Road?
There are currently no comparable homes to 21 Norman Road.
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