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Essex
32 May St
$359,900
● House - Off Market

32 May St

North Andover, MA 01845
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,440 Ft²
$578,722
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model

About This Property

This gorgeous updated home is a must see. Located on a flat lot near downtown this home features 7 rooms 3 bedrooms and 1 1/2 baths. The first floor has an updated kitchen with granite counter tops and stainless steel appliances.  The front to back living and dining room has hardwood floors and  offers plenty of natural light.  The second floor has an updated full bath and three bedrooms. Don't miss out on this opportunity.
Unit Size
1,440 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$257
Property Type
House
Property Taxes
$323
HOA Dues
-
Year Built
1900

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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 months ago (MLSPIN #72262505)

Price History

Date / Event Date Event Price
Oct 29, 2021 Sold
Premium
Sold
Aug 3, 2021 Listed by Real Living Schruender Real Estate $499,900
Listed by Real Living Schruender Real Estate
Feb 6, 2018 Sold
Premium
Sold
Dec 7, 2017 Listed by Real Living Schruender Real Estate $369,900
Listed by Real Living Schruender Real Estate
Oct 31, 2013 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • 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: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,704
  • Total Building Area: 1,772
  • Gross Building Area: 3,124
  • Building Area: 1,772
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,772
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH ANDOVER
  • Land Acres: 0000000108
  • 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_229948_9
  • Parcel: NAND M:00018 B:00013 L:00000
  • Block: 13
  • Municipality: NORTH ANDOVER
  • Latitude: 42.7048
  • Longitude: -71.1345

    Address

  • Full Address: 32 May St
  • Address - House Number: 32
  • Address - Street Name: May
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Andover
  • Carrier Code: C032
  • 4-Digit Zip Code: 2328
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $525,700

    Appraisal Valuation

  • Standard Deviation: 0.18
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 564,627
  • High Value: 666,256
  • Low Value: 462,999

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $474,000
  • Assessed Land Value: $226,800
  • Assessed Improvements Value: $247,200

    Sales

  • Current Sale Contract Date: Oct 28, 2021
  • Current Sale Recording Date: Oct 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 35854
  • Previous Sale Recording Date: Feb 06, 2018
  • Previous Sale Amount: $359,900
  • 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

2520 ft²

Average Home Age

73.7 years

Currently For Sale

1438 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 months ago
Data Source: MLS PIN, MLS# 72262505

Frequently Asked Questions

When was property at 32 May Street built and last sold?
The property at 32 May Street was built in 1900 and last sold on Oct 28, 2021 for $467,000.
How much is this home worth?
The estimated value of the home located at 32 May Street is $509,398.
What are some comparable homes to 32 May Street?
There are currently no comparable homes to 32 May Street.
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