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Essex
Lot 4 Empire Drive
$419,900
● House - Off Market

Lot 4 Empire Drive

North Andover, MA 01845
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,600 Ft²
$853,435
RealtyHop Estimate
103.68%
Since Jul 1, 2012
MA-Boston
Primary Model

About This Property

New Construction: Willow Plan offers an open concept kitchen family room. Home includes 9' ceilings on 1st floor, gas Fireplace & cathedral ceiling in family room, and walk out lower level for future expansion.  Bosch SS appliances, central air, hardwood floors on 1st flr, separate laundry room on 2nd floor, 40 year architectural shingles. ENERGY STAR HOME.   ALREADY 50% SOLD! Located in North Andover's newest neighborhood. FRANKLIN SCHOOL DISTRICT. DIRECTIONS-use 815 Chestnut St.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$262
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1996

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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 years ago (MLSPIN #71302073)

Price History

Date / Event Date Event Price
Jun 15, 2012 Sold
Premium
Sold
Oct 18, 2011 Listed by William Raveis R.E. & Home Services $419,000
Listed by William Raveis R.E. & Home Services
Dec 24, 2009 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 21
  • 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: 1,116
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 150,282
  • Total Building Area: 2,714
  • Gross Building Area: 4,632
  • Building Area: 2,714
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,714
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND NORTH ANDOVER
  • Land Acres: 0000003450
  • 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: 253204

Zoning

  • Zoning: R2

Geography

  • Account Number: M_232552_9
  • Parcel: NAND M:00107 B:C0029 L:00000
  • Block: C0029
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6535
  • Longitude: -71.103

    Address

  • Full Address: 4 Evergreen Dr
  • Address - House Number: 4
  • Address - Street Name: Evergreen
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: North Andover
  • Carrier Code: R014
  • 4-Digit Zip Code: 6002
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $948,300

    Appraisal Valuation

  • Standard Deviation: 0.1521
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 957,367
  • High Value: 1,103,034
  • Low Value: 811,699

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $855,100
  • Assessed Land Value: $421,400
  • Assessed Improvements Value: $433,700

    Sales

  • Current Sale Recording Date: Dec 24, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 36703
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

2521 ft²

Average Home Age

73.7 years

Currently For Sale

1419 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 years ago
Data Source: MLS PIN, MLS# 71302073

Frequently Asked Questions

When was property at 4 Empire Drive built and last sold?
The property at 4 Empire Drive was built in 1996 and last sold on Jan 1, 1970 for $475,000.
How much is this home worth?
The estimated value of the home located at 4 Empire Drive is $0.
What are some comparable homes to 4 Empire Drive?
There are currently no comparable homes to 4 Empire Drive.
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