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Essex
24 Surrey Dr.
$443,000
● House - Off Market

24 Surrey Dr.

North Andover, MA 01845
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,548 Ft²
$568,307
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Be in before Thanksgiving! Great property in a fabulous location; just needs your TLC. 4BR w hardwood/tile throughout. Eat-in kitchen with formal dining room. Large, level fenced yard in residential neighborhood.  Mostly finished 4 season room. Lots of closet/storage space. Natural gas heat and central air. City water & sewer. Property being sold "as is"  Great location for shopping, schools and EZ access to major routes.
Unit Size
1,548 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$275
Property Type
House
Property Taxes
$475
HOA Dues
-
Year Built
1971

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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 years ago (MLSPIN #72738041)

Price History

Date / Event Date Event Price
Jun 29, 2021 Sold
Premium
Sold
May 6, 2021 Listed by Coldwell Banker Realty - Andover $649,900
Listed by Coldwell Banker Realty - Andover
Oct 21, 2020 Sold
Premium
Sold
Oct 6, 2020 Listed by Coldwell Banker Realty - Andover $425,000
Listed by Coldwell Banker Realty - Andover
Apr 25, 2003 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • 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: 768
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,282
  • Total Building Area: 1,568
  • Gross Building Area: 2,944
  • Building Area: 1,568
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,568
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000466
  • 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_230981_9
  • Parcel: NAND M:00074 B:00045 L:00000
  • Block: 45
  • Municipality: NORTH ANDOVER
  • Latitude: 42.7105
  • Longitude: -71.1217

    Address

  • Full Address: 24 Surrey Dr
  • Address - House Number: 24
  • Address - Street Name: Surrey
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: North Andover
  • Carrier Code: C023
  • 4-Digit Zip Code: 1818
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $656,200

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 682,069
  • High Value: 797,677
  • Low Value: 566,462

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $591,700
  • Assessed Land Value: $339,700
  • Assessed Improvements Value: $252,000

    Sales

  • Current Sale Contract Date: Jun 28, 2021
  • Current Sale Recording Date: Jun 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21615
  • Previous Sale Recording Date: Oct 21, 2020
  • Previous Sale Contract Date: Oct 21, 2020
  • Previous Sale Amount: $443,000
  • 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

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2532 ft²

Average Home Age

72 years

Currently For Sale

1468 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: 5 years ago
Data Source: MLS PIN, MLS# 72738041

Frequently Asked Questions

When was property at 24 Surrey Drive built and last sold?
The property at 24 Surrey Drive was built in 1971 and last sold on Jun 28, 2021 for $665,000.
How much is this home worth?
The estimated value of the home located at 24 Surrey Drive is $661,904.
What are some comparable homes to 24 Surrey Drive?
There are currently no comparable homes to 24 Surrey Drive.
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