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Essex
21 Summit St
$530,000
● House - Off Market

21 Summit St

North Andover, MA 01845
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,340 Ft²
$848,295
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Located on a dead end street. This bright 2400 sq.ft., 3 bdrm, 2.5 bath has many updates. New roof and hybrid hot water heater in 2016. New appliances, including W/D, new granite and new hardwood floors in living room and dining room in 2015. Addition in 2005 includes huge great room with wood burning fireplace and 2 car garage. Great for entertaining. Large deck off the kitchen leads out to nice level back yard. Laundry on first floor. Office on the first floor. Wood burning fireplace in formal living room. Front to back master bedroom with walk-in closet and master bath. Gym/playroom in the basement.  Meticulously maintained. Nothing to do but move in!
Unit Size
2,340 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$224
Property Type
House
Property Taxes
$612
HOA Dues
-
Year Built
1999

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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: 4 months ago (MLSPIN #72135671)

Price History

Date / Event Date Event Price
May 26, 2017 Sold
Premium
Sold
Mar 24, 2017 Listed by William Raveis the Dolores Person $525,000
Listed by William Raveis the Dolores Person
Jul 20, 2005 Sold
Premium
Sold
Jun 3, 2005 Listed by William Raveis the Dolores Person $594,900
Listed by William Raveis the Dolores Person

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 2
  • Basement Area: 1,440
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,431
  • Total Building Area: 2,340
  • Gross Building Area: 3,964
  • Building Area: 2,340
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,340
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH ANDOVER
  • Land Acres: 0000000331
  • 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: 253201

Zoning

  • Zoning: R4

Geography

  • Account Number: M_230992_9
  • Parcel: NAND M:00081 B:00050 L:00000
  • Block: 50
  • Municipality: NORTH ANDOVER
  • Latitude: 42.7049
  • Longitude: -71.1218

    Address

  • Full Address: 21 Summit St
  • Address - House Number: 21
  • Address - Street Name: Summit
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Andover
  • Carrier Code: C025
  • 4-Digit Zip Code: 1720
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $837,600

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 839,572
  • High Value: 981,876
  • Low Value: 697,268

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $755,300
  • Assessed Land Value: $290,200
  • Assessed Improvements Value: $465,100

    Sales

  • Current Sale Recording Date: May 26, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13052
  • Previous Sale Recording Date: Jul 20, 2005
  • Previous Sale Amount: $582,500
  • 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

2533 ft²

Average Home Age

72.6 years

Currently For Sale

1471 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# 72135671

Frequently Asked Questions

When was property at 21 Summit Street built and last sold?
The property at 21 Summit Street was built in 1999 and last sold on Jan 1, 1970 for $530,000.
How much is this home worth?
The estimated value of the home located at 21 Summit Street is $553,810.
What are some comparable homes to 21 Summit Street?
There are currently no comparable homes to 21 Summit Street.
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