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Essex
379 Sutton St
$580,000
● House - Off Market

379 Sutton St

North Andover, MA 01845
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,550 Ft²
$604,551
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Must see this unique open floor plan upgraded and remodeled 2 Bedroom 3-bathroom Ranch with large fenced in yard. Features include kitchen with ample counter space, an island & upgraded fixtures. Hardwood floors throughout, Pantry, plenty of windows allowing for added sunlight, Mud room entrance, Walkup attic for storage and potential Expansion. Main level Potential of an in-law unit/teen suite with its on egress. Stackable Laundry on the first floor.  Full basement with 2nd set of washer and dryer, new Oil tank and a Pet washing/grooming station.  Roofing is less than 2 years old.  1 vehicle garage with automatic opening, Transferable Solar panels to assist in the electricity costs, all located on an over 16,000SF lot. In close proximity to Downtown shopping and entertainment area and major highways.
Unit Size
1,550 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$387
Property Type
House
Property Taxes
$491
HOA Dues
-
Year Built
1955

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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 #73098875)

Price History

Date / Event Date Event Price
May 31, 2023 Sold
Premium
Sold
Apr 19, 2023 In contract -
In contract
Apr 13, 2023 Listed by Berkshire Hathaway HomeServices Verani Realty Methuen $599,900
Listed by Berkshire Hathaway HomeServices Verani Realty Methuen
Feb 28, 1989 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,384
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,666
  • Total Building Area: 1,455
  • Gross Building Area: 3,245
  • Building Area: 1,455
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,455
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH ANDOVER
  • Land Acres: 0000000383
  • 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: 253201

Zoning

  • Zoning: R4

Geography

  • Account Number: M_230768_9
  • Parcel: NAND M:00066 B:00051 L:00000
  • Block: 51
  • Municipality: NORTH ANDOVER
  • Latitude: 42.7093
  • Longitude: -71.1245

    Address

  • Full Address: 379 Sutton St
  • Address - House Number: 379
  • Address - Street Name: Sutton
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Andover
  • Carrier Code: C023
  • 4-Digit Zip Code: 1514
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $589,100

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 615,003
  • High Value: 723,229
  • Low Value: 506,777

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $531,200
  • Assessed Land Value: $294,700
  • Assessed Improvements Value: $236,500

    Sales

  • Current Sale Contract Date: May 31, 2023
  • Current Sale Recording Date: May 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 8290
  • Previous Sale Recording Date: Feb 28, 1989
  • Previous Sale Amount: $143,500
  • 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

2506 ft²

Average Home Age

73.2 years

Currently For Sale

1507 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 months ago
Data Source: MLS PIN, MLS# 73098875

Frequently Asked Questions

When was property at 379 Sutton Street built and last sold?
The property at 379 Sutton Street was built in 1955 and last sold on May 31, 2023 for $580,000.
How much is this home worth?
The estimated value of the home located at 379 Sutton Street is $606,076.
What are some comparable homes to 379 Sutton Street?
There are currently no comparable homes to 379 Sutton Street.
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