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Essex
31 Skyview Ter
$1,111,000
● House - Off Market

31 Skyview Ter

North Andover, MA 01845
bedrooms
4 Beds
bathrooms
4 Baths
square feet
4,142 Ft²
$1,126,842
RealtyHop Estimate
12.81%
Since Dec 1, 2021
MA-Boston
Primary Model

About This Property

Exceptional home on an exceptional private cul-de-sac lot in one of North Andover's most popular neighborhoods. Toll Brothers Cornell Model features an open floor plan with soaring entry, vaulted ceiling family room with wood burning fireplace and back stair, elegantly appointed formal rooms including living room with gas fireplace, kitchen with island, built-ins, pantry closet and greenhouse eating area, 1st floor study, and attached oversized garage with two doors but three bays. Updated 3 room master bedroom suite including sitting room, three closets and smashing master bath.  Smooth ceilings throughout, first floor 9' height. Finished lower level with ¾ bath. Large level backyard includes 20x17 deck and firepit area. Well maintained with many updates including new roof and skylights in 2019.
Unit Size
4,142 Ft²
Days on Market
-
Land Size
0.85 acres
Price per sqft
$241
Property Type
House
Property Taxes
$940
HOA Dues
-
Year Built
1995

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Cap Rate Calculator

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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: 5 years ago (MLSPIN #72898826)

Price History

Date / Event Date Event Price
Nov 30, 2021 Sold
Premium
Sold
Sep 22, 2021 Listed by Classified Realty Group $998,900
Listed by Classified Realty Group
Jul 12, 1995 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 7
  • Basement Area: 1,696
  • Garage Type: 17
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 37,026
  • Total Building Area: 3,983
  • Gross Building Area: 6,819
  • Building Area: 3,983
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,983
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEFINITIVE PRD
  • Land Acres: 0000000850
  • 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: 253204

Zoning

  • Zoning: R2

Geography

  • Account Number: M_232738_9
  • Parcel: NAND M:00098 B:B0082 L:00000
  • Block: B0082
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6601
  • Longitude: -71.1004

    Address

  • Full Address: 31 Skyview Ter
  • Address - House Number: 31
  • Address - Street Name: Skyview
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: North Andover
  • Carrier Code: C034
  • 4-Digit Zip Code: 4741
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,398,600

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,275,558
  • High Value: 1,491,841
  • Low Value: 1,059,275

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,261,100
  • Assessed Land Value: $398,300
  • Assessed Improvements Value: $862,800

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Nov 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 39114
  • Previous Sale Recording Date: Sep 24, 2015
  • 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

2541 ft²

Average Home Age

72.9 years

Currently For Sale

1497 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: 5 years ago
Data Source: MLS PIN, MLS# 72898826

Frequently Asked Questions

When was property at 31 Skyview Terrace built and last sold?
The property at 31 Skyview Terrace was built in 1995 and last sold on Nov 30, 2021 for $1,111,000.
How much is this home worth?
The estimated value of the home located at 31 Skyview Terrace is $0.
What are some comparable homes to 31 Skyview Terrace?
There are currently no comparable homes to 31 Skyview Terrace.
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