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Essex
38 Stonecleave Road
$701,000
● House - Off Market

38 Stonecleave Road

North Andover, MA 01845
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,268 Ft²
$764,772
RealtyHop Estimate
14.57%
Since Aug 1, 2021
MA-Boston
Primary Model

About This Property

Come visit this handsome brick-front colonial situated on a very flat and wooded lot on picturesque Stonecleave Road.  This home has been well-cared for and loved by the current family since it was built!  The main house features eight rooms, all with hardwood floors except carpet in the fireplaced family room.  The attached garage has storage above and, adjacent to this two car garage, is a carport.  The walk- up attic is partially finished with wood flooring.... perfect for extra living space.  Thirty-eight Stonecleave welcomes your decorating enhancements while you enjoy its peace and tranquility.  This classic home offers much potential for you to make it your dream nest.   The savvy buyer will definitely not miss this!
Unit Size
2,268 Ft²
Days on Market
-
Land Size
1.19 acres
Price per sqft
$294
Property Type
House
Property Taxes
$676
HOA Dues
-
Year Built
1978

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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 years ago (MLSPIN #72844670)

Price History

Date / Event Date Event Price
Jul 16, 2021 Sold
Premium
Sold
Jun 5, 2021 Listed by Doherty Properties $667,500
Listed by Doherty Properties

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 7
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 999
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 51,836
  • Total Building Area: 1,998
  • Gross Building Area: 4,005
  • Building Area: 1,998
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,998
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001190
  • 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: 253205

Zoning

  • Zoning: R1

Geography

  • Account Number: M_236457_9
  • Parcel: NAND M:00105 B:C0037 L:00000
  • Block: C0037
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6675
  • Longitude: -71.055

    Address

  • Full Address: 38 Stonecleave Rd
  • Address - House Number: 38
  • Address - Street Name: Stonecleave
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Andover
  • Carrier Code: R017
  • 4-Digit Zip Code: 2216
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $936,400

    Appraisal Valuation

  • Standard Deviation: 0.1689
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 839,159
  • High Value: 980,937
  • Low Value: 697,381

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $844,400
  • Assessed Land Value: $394,300
  • Assessed Improvements Value: $450,100

    Sales

  • Current Sale Contract Date: Jul 16, 2021
  • Current Sale Recording Date: Jul 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 23742
  • Previous Sale Recording Date: Jun 24, 2016
  • 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

2533 ft²

Average Home Age

72.6 years

Currently For Sale

1471 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72844670

Frequently Asked Questions

When was property at 38 Stonecleave Road built and last sold?
The property at 38 Stonecleave Road was built in 1978 and last sold on Jul 16, 2021 for $701,000.
How much is this home worth?
The estimated value of the home located at 38 Stonecleave Road is $0.
What are some comparable homes to 38 Stonecleave Road?
There are currently no comparable homes to 38 Stonecleave Road.
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