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Essex
32 Silsbee Rd
$385,000
● House - Off Market

32 Silsbee Rd

North Andover, MA 01845
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,302 Ft²
$601,944
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

Beautiful cape cod nestled in the sought after Library District. Walking distance to schools, coffee shops, restaurants and downtown, Stevens memorial library and great schools. Minutes to highway and commuter rail. Picture perfect setting of tree lined streets with a wonderful school right around the corner. Nicely Remodeled kitchen with granite top and stainless appliances. Beautiful hard wood floors and sunny rooms. New roof 2016, Replacement windows, blown in insulation . 2 beautiful baths remodeled in 2014-2016. Large bedroom on the 2nd floor with skylights. Updated 200 amp electric. New oil tank and has gas line already installed in the house.  Large back patio. Water feature with koi pond and a wonderful Fenced In flat yard.  Lots of work done in the past 2 years. This home is in tip top shape.
Unit Size
1,302 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$290
Property Type
House
Property Taxes
$338
HOA Dues
-
Year Built
1952

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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 #72194122)

Price History

Date / Event Date Event Price
Sep 12, 2017 Sold
Premium
Sold
Jul 7, 2017 Listed by Berkshire Hathaway Home Services Ben Consoli Real Estate $378,000
Listed by Berkshire Hathaway Home Services Ben Consoli Real Estate
Nov 24, 2010 Sold
Premium
Sold
Jun 21, 2005 Sold
Premium
Sold
May 12, 2005 Listed $320,000
Listed
LOCATION! LOCATION! LOCATION! DON'T MISS OUT ON THIS BEATUIFUL CAPE IN THE LIBRARY AREA. THIS HIME FEATURES HARDWOOD FLOORS, LARGE EAT-IN KITCHEN, 2 LARGE BEDROOMS, AND A WALK-UP ATTIC FOR FUTURE EXPANSION. HOME ALSO FEATURES A WONDERFUL YARD TO ENTERTAIN.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 868
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,401
  • Total Building Area: 2,040
  • Gross Building Area: 3,622
  • Building Area: 2,040
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,040
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 8813
  • Land Acres: 0000000170
  • 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_230213_9
  • Parcel: NAND M:00020 B:00062 L:00000
  • Block: 62
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6971
  • Longitude: -71.1313

    Address

  • Full Address: 32 Silsbee Rd
  • Address - House Number: 32
  • Address - Street Name: Silsbee
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Andover
  • Carrier Code: C027
  • 4-Digit Zip Code: 3733
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $667,400

    Appraisal Valuation

  • Standard Deviation: 0.2168
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 665,696
  • High Value: 781,821
  • Low Value: 549,571

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $601,800
  • Assessed Land Value: $276,200
  • Assessed Improvements Value: $325,600

    Sales

  • Current Sale Contract Date: Sep 07, 2017
  • Current Sale Recording Date: Sep 12, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 116662
  • Previous Sale Recording Date: Nov 24, 2010
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: 48
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

2534 ft²

Average Home Age

73 years

Currently For Sale

1483 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72194122

Frequently Asked Questions

When was property at 32 Silsbee Road built and last sold?
The property at 32 Silsbee Road was built in 1952 and last sold on Sep 7, 2017 for $385,000.
How much is this home worth?
The estimated value of the home located at 32 Silsbee Road is $389,762.
What are some comparable homes to 32 Silsbee Road?
There are currently no comparable homes to 32 Silsbee Road.
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