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Essex
437 Johnson St
$345,000
● House - Off Market

437 Johnson St

North Andover, MA 01845
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,296 Ft²
$598,367
RealtyHop Estimate
76.04%
Since Jun 1, 2015
MA-Boston
Primary Model

About This Property

CAPE WITH LOTS OF CURB APPEAL & OPTIONS  This home has lots of charm and appeal for those seeking a down-sizing solution, but don't want condo living OR a growing family.    Well located in a lovely and convenient area of North Andover, you'll find applianced kitchen, formal dining room, fireplaced living room with built-in bookcase, tile bath, plus a nice, sunny fenced yard to enjoy, easy vinyl siding, gutters, young heating system &  roof, nicely landscaped grounds with sprinkler system.  It's ready for you to add your special touches.  Call today. . .
Unit Size
1,296 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$262
Property Type
House
Property Taxes
$392
HOA Dues
-
Year Built
1952

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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 #71815281)

Price History

Date / Event Date Event Price
May 29, 2015 Sold
Premium
Sold
Apr 10, 2015 Listed by Royal Realty, Inc. $339,900
Listed by Royal Realty, Inc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 864
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,500
  • Total Building Area: 1,296
  • Gross Building Area: 3,180
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000218
  • 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: 253203

Zoning

  • Zoning: R3

Geography

  • Account Number: M_232588_9
  • Parcel: NAND M:00098 B:A0035 L:00000
  • Block: A0035
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6712
  • Longitude: -71.1024

    Address

  • Full Address: 437 Johnson St
  • Address - House Number: 437
  • Address - Street Name: Johnson
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Andover
  • Carrier Code: C026
  • 4-Digit Zip Code: 4721
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $607,300

    Appraisal Valuation

  • Standard Deviation: 0.1599
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 605,536
  • High Value: 702,354
  • Low Value: 508,717

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $547,600
  • Assessed Land Value: $315,400
  • Assessed Improvements Value: $232,200

    Sales

  • Current Sale Recording Date: May 29, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12496
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

2519 ft²

Average Home Age

73.7 years

Currently For Sale

1437 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# 71815281

Frequently Asked Questions

When was property at 437 Johnson Street built and last sold?
The property at 437 Johnson Street was built in 1952 and last sold on Jan 1, 1970 for $345,000.
How much is this home worth?
The estimated value of the home located at 437 Johnson Street is $353,555.
What are some comparable homes to 437 Johnson Street?
There are currently no comparable homes to 437 Johnson Street.
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