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Essex
24 Crossbow Lane
Photo of 24 Crossbow Lane
Sold on May 1, 2007

1

Map

$560,000
● House - Off Market

24 Crossbow Lane

North Andover, MA 01845
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,200 Ft²
$1,156,943
RealtyHop Estimate
86.91%
Since Jun 1, 2007
MA-Boston
Primary Model

About This Property

This pristine & comfortable Colonial is graciously sited on a gorgeous, private lot. Features include newer kitchen with capuccino bar opening to a sun-filled room with walls of glass overlooking spectacular, private grounds & 3-tier wrap-around deck. Improvements include new baths, new 2-story front foyer, new 2nd floor bedroom/office, new windows, new heating, new A/C, new roof, new driveway, & a third stall garage. Make this your home for the holidays!
Unit Size
3,200 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$193
Property Type
House
Property Taxes
$537
HOA Dues
-
Year Built
1983

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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: 6 months ago (MLSPIN #70526396)

Price History

Date / Event Date Event Price
May 1, 2007 Sold
Premium
Sold
Feb 15, 2007 Listed $619,000
Listed
Aug 1, 1991 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,534
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,595
  • Total Building Area: 3,538
  • Gross Building Area: 5,314
  • Building Area: 3,538
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,538
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH ANDOVER
  • Land Acres: 0000001001
  • 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_236593_9
  • Parcel: NAND M:00106 B:B0196 L:00000
  • Block: B0196
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6463
  • Longitude: -71.0537

    Address

  • Full Address: 24 Crossbow Ln
  • Address - House Number: 24
  • Address - Street Name: Crossbow
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: North Andover
  • Carrier Code: R010
  • 4-Digit Zip Code: 3036
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,033,300

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,043,775
  • High Value: 1,220,757
  • Low Value: 866,793

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $931,700
  • Assessed Land Value: $392,100
  • Assessed Improvements Value: $539,600

    Sales

  • Current Sale Recording Date: May 01, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 01, 1991
  • Previous Sale Amount: $245,000
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2469 ft²

Average Home Age

72.3 years

Currently For Sale

1388 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# 70526396

Frequently Asked Questions

When was property at 24 Crossbow Lane built and last sold?
The property at 24 Crossbow Lane was built in 1983 and last sold on Jan 1, 1970 for $560,000.
How much is this home worth?
The estimated value of the home located at 24 Crossbow Lane is $650,388.
What are some comparable homes to 24 Crossbow Lane?
There are currently no comparable homes to 24 Crossbow Lane.
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