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Essex
4 Tavern Rd
$495,000
● House - Off Market

4 Tavern Rd

North Andover, MA 01845
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,536 Ft²
$749,752
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

This charming center entrance colonial has been well maintained and sits on a beautiful level corner lot in the desirable library area of North Andover. The home has 3 bedrooms ,1.5 baths with a 1 car attached garage. Beautiful hardwood wood floors throughout, front to back living room with wood burning fireplace,updated kitchen and dining area ,1/2 bath and laundry room with lots of storage complete the first floor. 2nd floor features 3 large bedrooms and an updated full bath. Other improvements include a newer roof, newer windows and freshly painted interior and exterior. This home has curb appeal and a prime location that is accessible to downtown North Andover, route 495, shops, restaurants, parks, library and the new and expanded Andover/North Andover YMCA!
Unit Size
1,536 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$322
Property Type
House
Property Taxes
$395
HOA Dues
-
Year Built
1940

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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 #72383454)

Price History

Date / Event Date Event Price
Oct 26, 2018 Sold
Premium
Sold
Aug 23, 2018 Listed by Coldwell Banker Residential Brokerage - Andover $495,000
Listed by Coldwell Banker Residential Brokerage - Andover

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,939
  • Total Building Area: 1,536
  • Gross Building Area: 2,896
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TAVERN ACRES PLAN 989
  • Land Acres: 0000000205
  • 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_230919_9
  • Parcel: NAND M:00057 B:00014 L:00000
  • Block: 14
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6941
  • Longitude: -71.1227

    Address

  • Full Address: 4 Tavern Rd
  • Address - House Number: 4
  • Address - Street Name: Tavern
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Andover
  • Carrier Code: C039
  • 4-Digit Zip Code: 3927
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $693,700

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 654,061
  • High Value: 764,922
  • Low Value: 543,201

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $625,500
  • Assessed Land Value: $314,100
  • Assessed Improvements Value: $311,400

    Sales

  • Current Sale Recording Date: Oct 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 26166
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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72383454

Frequently Asked Questions

When was property at 4 Tavern Road built and last sold?
The property at 4 Tavern Road was built in 1940 and last sold on Jan 1, 1970 for $495,000.
How much is this home worth?
The estimated value of the home located at 4 Tavern Road is $507,858.
What are some comparable homes to 4 Tavern Road?
There are currently no comparable homes to 4 Tavern Road.
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