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Essex
32 Monteiro Way
Photo of 32 Monteiro Way
Sold on Sep 10, 2025

42

Map

Photo of 32 Monteiro Way
Photo of 32 Monteiro Way
$1,192,500
● House - Off Market

32 Monteiro Way

North Andover, MA 01845
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
3,858 Ft²
$6,849
Est. Monthly
3.84%
Cap Rate

About This Property

Welcome to 32 Monteiro Way - a well-maintained Colonial set on a quiet cul-de-sac in one of North Andover's most desirable neighborhoods. This spacious home features 4 bedrooms, 2 full baths, and 2 half baths, including a generous primary suite. A grand open foyer with a dramatic half-circle staircase sets the tone as you enter. The sun-drenched sunroom off the back offers a perfect spot to relax and enjoy views of the expansive yard with nature trails. The partially finished basement provides great additional space for a playroom, home office, or gym. Longtime owners have lovingly cared for this home, and now it's ready for its next chapter. A fantastic location close to schools, parks, and town amenities completes the package.  Offers are due Tuesday July 15th at 12:00PM
Unit Size
3,858 Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$311
Property Type
House
Property Taxes
$956
HOA Dues
-
Year Built
1981

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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: 2 years ago (MLSPIN #73401712)

Price History

Date / Event Date Event Price
Sep 10, 2025 Sold
Premium
Sold
Jul 16, 2025 In contract -
In contract
Jul 9, 2025 Listed by Schruender Realty $1,200,000
Listed by Schruender Realty
Aug 2, 1982 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 8
  • 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: 1,626
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,782
  • Total Building Area: 3,770
  • Gross Building Area: 5,220
  • Building Area: 3,770
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,770
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH ANDOVER
  • Land Acres: 0000000684
  • 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: 253202

Zoning

  • Zoning: R3

Geography

  • Account Number: M_231520_9
  • Parcel: NAND M:00060 B:00143 L:00000
  • Block: 143
  • Municipality: NORTH ANDOVER
  • Latitude: 42.673
  • Longitude: -71.1155

    Address

  • Full Address: 32 Monteiro Way
  • Address - House Number: 32
  • Address - Street Name: Monteiro
  • Address - Suffix Type: Way
  • State: MA
  • City Name: North Andover
  • Carrier Code: C030
  • 4-Digit Zip Code: 5327
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,094,800

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,105,702
  • High Value: 1,280,352
  • Low Value: 931,051

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $987,200
  • Assessed Land Value: $381,100
  • Assessed Improvements Value: $606,100

    Sales

  • Current Sale Recording Date: Aug 02, 1982
  • Current Sale Price:
    Premium
  • Current 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

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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: 2 years ago
Data Source: MLS PIN, MLS# 73401712

Frequently Asked Questions

When was property at 32 Monteiro Way built and last sold?
The property at 32 Monteiro Way was built in 1981 and last sold on Jan 1, 1970 for $240,000.
How much is this home worth?
The estimated value of the home located at 32 Monteiro Way is $0.
What are some comparable homes to 32 Monteiro Way?
There are currently no comparable homes to 32 Monteiro Way.
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