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Essex
296 Middlesex Street
$620,000
● House - Off Market

296 Middlesex Street

North Andover, MA 01845
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,476 Ft²
$586,622
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

LIBRARY AREA! This wonderful Colonial will check all of your boxes. Front door leads to a lovely living room with bay windows and loads of natural light. Large eat-in-kitchen with plenty of room for a table or island. First floor bedroom can also be used as a dining room or home office and is adjacent to a full bathroom and laundry area. Three well sized bedrooms on the second floor and another full bathroom. BONUS walk up attic ready to be finished with plumbing and heat piped in. Heating system and hot water heater were updated in 2018. Enjoy summer BBQ's outside in the large yard with irrigation and plenty of off street parking. 'Play ball' at Carl Thomas fields this summer and walk to Thompson School in the fall. This is the home you have been waiting for!
Unit Size
1,476 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$393
Property Type
House
Property Taxes
$459
HOA Dues
-
Year Built
1900

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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 #72976623)

Price History

Date / Event Date Event Price
Jun 17, 2022 Sold
Premium
Sold
May 4, 2022 Listed by Coldwell Banker Realty - Andover $579,900
Listed by Coldwell Banker Realty - Andover
Mar 11, 1994 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 755
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,999
  • Total Building Area: 1,484
  • Gross Building Area: 3,953
  • Building Area: 1,484
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,484
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • 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_229585_9
  • Parcel: NAND M:00009 B:00070 L:00000
  • Block: 70
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6984
  • Longitude: -71.139

    Address

  • Full Address: 296 Middlesex St
  • Address - House Number: 296
  • Address - Street Name: Middlesex
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Andover
  • Carrier Code: C044
  • 4-Digit Zip Code: 3418
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $580,700

    Appraisal Valuation

  • Standard Deviation: 0.1697
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 606,920
  • High Value: 709,897
  • Low Value: 503,944

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $523,600
  • Assessed Land Value: $279,400
  • Assessed Improvements Value: $244,200

    Sales

  • Current Sale Contract Date: Jun 17, 2022
  • Current Sale Recording Date: Jun 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14486
  • Previous Sale Recording Date: Mar 11, 1994
  • Previous Sale Amount: $72,500
  • 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

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72976623

Frequently Asked Questions

When was property at 296 Middlesex Street built and last sold?
The property at 296 Middlesex Street was built in 1900 and last sold on Jun 17, 2022 for $620,000.
How much is this home worth?
The estimated value of the home located at 296 Middlesex Street is $588,075.
What are some comparable homes to 296 Middlesex Street?
There are currently no comparable homes to 296 Middlesex Street.
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