For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Essex
231 Forest St
$375,000
● House - Off Market

231 Forest St

North Andover, MA 01845
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,524 Ft²
$595,678
RealtyHop Estimate
54.72%
Since Feb 1, 2018
MA-Boston
Primary Model

About This Property

One-level living in a beautiful country setting!  This property is waiting for you to make it your own.  So much potential!   This 4-bedroom, 2-bathroom ranch sits on 1.7 acres of land, perfect for outdoor entertainment while maintaining privacy. The interior of the flow offers the benefits of defined living space while maintaining a nice flow throughout the property. Finished room in the basement adds to the living area; perfect for office space, den or game room. Property being sold "As Is".
Unit Size
1,524 Ft²
Days on Market
-
Land Size
1.70 acres
Price per sqft
$253
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1961

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 6 months ago (MLSPIN #72245207)

Price History

Date / Event Date Event Price
Apr 16, 2021 Sold
Premium
Sold
Feb 25, 2021 Listed by Real Living Schruender Real Estate $549,000
Listed by Real Living Schruender Real Estate
Jan 8, 2018 Sold
Premium
Sold
Oct 19, 2017 Listed by Real Living Schruender Real Estate $385,000
Listed by Real Living Schruender Real Estate

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,092
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 74,052
  • Total Building Area: 1,928
  • Gross Building Area: 2,808
  • Building Area: 1,928
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,928
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001700
  • 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: 253205

Zoning

  • Zoning: R1

Geography

  • Account Number: M_235739_9
  • Parcel: NAND M:00106 B:A0078 L:00000
  • Block: A0078
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6578
  • Longitude: -71.0632

    Address

  • Full Address: 231 Forest St
  • Address - House Number: 231
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Andover
  • Carrier Code: R010
  • 4-Digit Zip Code: 3207
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $698,300

    Appraisal Valuation

  • Standard Deviation: 0.1697
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 707,333
  • High Value: 827,347
  • Low Value: 587,319

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $629,700
  • Assessed Land Value: $400,400
  • Assessed Improvements Value: $229,300

    Sales

  • Current Sale Contract Date: Apr 16, 2021
  • Current Sale Recording Date: Apr 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12784
  • Previous Sale Recording Date: Jan 08, 2018
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: O
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:

$699,900

Sale Price/ft²

$383

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2478 ft²

Average Home Age

73.5 years

Currently For Sale

1429 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

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72245207

Frequently Asked Questions

When was property at 231 Forest Street built and last sold?
The property at 231 Forest Street was built in 1961 and last sold on Apr 16, 2021 for $580,000.
How much is this home worth?
The estimated value of the home located at 231 Forest Street is $562,632.
What are some comparable homes to 231 Forest Street?
There are currently no comparable homes to 231 Forest Street.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
North Andover Homes for Sale
North Andover Houses for Sale
North Andover Condos for Sale
North Andover Townhouses for Sale
North Andover Multifamily for Sale
North Andover Land for Sale
North Andover Commercial for Sale
North Andover Homes with Basements
Nearby Cities
Haverhill Homes for Sale
Lynn Homes for Sale
Methuen Town Homes for Sale
Lawrence Homes for Sale
Peabody Homes for Sale
Woburn Homes for Sale
Wakefield Homes for Sale
Danvers Homes for Sale
Nearby Property Records
Essex County, MA Property Records
Middlesex County, MA Property Records
Rockingham County, NH Property Records
Suffolk County, MA Property Records
Hillsborough County, NH Property Records
Norfolk County, MA Property Records
Strafford County, NH Property Records
Worcester County, MA Property Records
Neighborhoods
Downtown Woburn Real Estate
Peabody Town Center Real Estate
Tower Hill Real Estate
North Lexington Real Estate
Prospect Hill - Back Bay Real Estate
Arlington Real Estate
Mount Vernon Real Estate
North Salem Real Estate
Nearby Counties
Haverhill Homes for Sale
Lynn Homes for Sale
Methuen Town Homes for Sale
Lawrence Homes for Sale
Peabody Homes for Sale
Andover Homes for Sale
Billerica Homes for Sale
Tewksbury Homes for Sale
Top Real Estate Agents
Top Agents in North Andover
Top Agents in Haverhill
Top Agents in Haverhill
Top Agents in Lynn
Top Agents in Lynn
Top Agents in Methuen Town
Top Agents in Methuen Town
Top Agents in 01844