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Essex
38 Davis Street
$457,000
● House - Off Market

38 Davis Street

North Andover, MA 01845
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,528 Ft²
$691,319
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Affordable Library Area Ranch has been well maintained by the present owners.  This home is perfectly located on a pretty tree-lined street and within walking distance to schools, restaurants, shops and downtown.  Huge back yard, 2 fireplaces, 1.5 baths, well-established neighborhood.
Unit Size
1,528 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$299
Property Type
House
Property Taxes
$418
HOA Dues
-
Year Built
1958

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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: 5 months ago (MLSPIN #72369497)

Price History

Date / Event Date Event Price
Sep 17, 2018 Sold
Premium
Sold
Jul 25, 2018 Listed by Real Living Schruender Real Estate $457,000
Listed by Real Living Schruender Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 1,080
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,502
  • Total Building Area: 1,830
  • Gross Building Area: 2,896
  • Building Area: 1,830
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,830
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000287
  • 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_230825_9
  • Parcel: NAND M:00056 B:00036 L:00000
  • Block: 36
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6965
  • Longitude: -71.1238

    Address

  • Full Address: 38 Davis St
  • Address - House Number: 38
  • Address - Street Name: Davis
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Andover
  • Carrier Code: C039
  • 4-Digit Zip Code: 2712
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $597,000

    Appraisal Valuation

  • Standard Deviation: 0.1697
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 657,005
  • High Value: 768,480
  • Low Value: 545,530

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $538,300
  • Assessed Land Value: $286,400
  • Assessed Improvements Value: $251,900

    Sales

  • Current Sale Recording Date: Sep 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22723
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

2548 ft²

Average Home Age

72.1 years

Currently For Sale

1451 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# 72369497

Frequently Asked Questions

When was property at 38 Davis Street built and last sold?
The property at 38 Davis Street was built in 1958 and last sold on Jan 1, 1970 for $457,000.
How much is this home worth?
The estimated value of the home located at 38 Davis Street is $469,885.
What are some comparable homes to 38 Davis Street?
There are currently no comparable homes to 38 Davis Street.
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