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Essex
44 Phillips Common
$559,900
● House - Off Market

44 Phillips Common

North Andover, MA 01845
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,970 Ft²
$984,938
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

Opportunity knocks with this meticulous home at Phillips Common with a first floor Master Suite. It is bright and sunny! Great Kitchen with plenty of cabinets and granite countertops. Kitchen opens to the Dining & gas fireplaced Living Room into a perfect living area! Nicely appointed Office with built-in bookcases and 3 Season Porch with access to back deck and level back yard.   Located upstairs are the 2 additional Bedrooms. One ensuite with full bath and walk-in closet.  Full basement with plenty of room for a work shop and storage. Landscaped grounds with expansive back yard is suitable for all year round activities. 2 car attached garage, off street parking. This Home is move and ready! Don't miss this chance to live the dream!
Unit Size
1,970 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$279
Property Type
House
Property Taxes
$549
HOA Dues
-
Year Built
1992

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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: 4 months ago (MLSPIN #71809109)

Price History

Date / Event Date Event Price
May 22, 2015 Sold
Premium
Sold
Mar 31, 2015 Listed by Lillian Montalto Signature Properties $549,900
Listed by Lillian Montalto Signature Properties
Sep 15, 1992 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • 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: 2
  • Basement Area: 1,358
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,789
  • Total Building Area: 1,971
  • Gross Building Area: 4,386
  • Building Area: 1,971
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,971
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000294
  • 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: 253201

Zoning

  • Zoning: R3

Geography

  • Account Number: M_231221_9
  • Parcel: NAND M:00058 B:00054 L:00000
  • Block: 54
  • Municipality: NORTH ANDOVER
  • Latitude: 42.688
  • Longitude: -71.119

    Address

  • Full Address: 44 Phillips Cmn
  • Address - House Number: 44
  • Address - Street Name: Phillips
  • Address - Suffix Type: Cmn
  • State: MA
  • City Name: North Andover
  • Carrier Code: C043
  • 4-Digit Zip Code: 4046
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $850,600

    Appraisal Valuation

  • Standard Deviation: 0.1689
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 841,158
  • High Value: 983,273
  • Low Value: 699,042

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $767,000
  • Assessed Land Value: $322,800
  • Assessed Improvements Value: $444,200

    Sales

  • Current Sale Recording Date: May 22, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11924
  • Previous Sale Recording Date: Sep 15, 1992
  • Previous Sale Amount: $239,500
  • 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

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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: 4 months ago
Data Source: MLS PIN, MLS# 71809109

Frequently Asked Questions

When was property at 44 Phillips Common built and last sold?
The property at 44 Phillips Common was built in 1992 and last sold on Jan 1, 1970 for $559,900.
How much is this home worth?
The estimated value of the home located at 44 Phillips Common is $569,110.
What are some comparable homes to 44 Phillips Common?
There are currently no comparable homes to 44 Phillips Common.
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