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Essex
45 Coventry Lane
$492,000
● House - Off Market

45 Coventry Lane

North Andover, MA 01845
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,800 Ft²
$1,682,528
RealtyHop Estimate
238.60%
Since Sep 1, 1998
National-US
Primary Model

About This Property

LOVELY GRAND SCALE 10 RM COL ON 2+A ABUTTING TOWN FOREST & JUST A WALK AWAY FROM SMOLAK FARM. FORMAL FP LR & DR. HW FLRS, MASSIVE YET COZY FR, 4 LG BRS, 2.5 BAS, SUNRM & SCREEN PORCH. ELEGANT MASTER W/WONDERFUL BATH & EXECUTIVE STUDY.
Unit Size
3,800 Ft²
Days on Market
-
Land Size
2.09 acres
Price per sqft
$131
Property Type
House
Property Taxes
$444
HOA Dues
-
Year Built
1988

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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: 4 years ago (MLSPIN #30225860)

Price History

Date / Event Date Event Price
Aug 28, 1998 Sold
Premium
Sold
May 26, 1998 Listed $496,900
Listed
Apr 13, 1995 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 9
  • 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: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,622
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 91,040
  • Total Building Area: 3,597
  • Gross Building Area: 6,532
  • Building Area: 3,597
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,597
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WYNBROOK REALTY TRUST
  • Land Acres: 0000002090
  • 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_234373_9
  • Parcel: NAND M:00064 B:00141 L:00000
  • Block: 141
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6833
  • Longitude: -71.0801

    Address

  • Full Address: 45 Coventry Ln
  • Address - House Number: 45
  • Address - Street Name: Coventry
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: North Andover
  • Carrier Code: C029
  • 4-Digit Zip Code: 2128
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,199,400

    Appraisal Valuation

  • Standard Deviation: 0.1682
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,071,790
  • High Value: 1,252,088
  • Low Value: 891,492

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,081,500
  • Assessed Land Value: $426,900
  • Assessed Improvements Value: $654,600

    Sales

  • Current Sale Recording Date: Aug 28, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 13, 1995
  • Previous Sale Amount: $420,000
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2467 ft²

Average Home Age

72.8 years

Currently For Sale

1401 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: 4 years ago
Data Source: MLS PIN, MLS# 30225860

Frequently Asked Questions

When was property at 45 Coventry Lane built and last sold?
The property at 45 Coventry Lane was built in 1988 and last sold on Jan 1, 1970 for $492,000.
How much is this home worth?
The estimated value of the home located at 45 Coventry Lane is $548,556.
What are some comparable homes to 45 Coventry Lane?
There are currently no comparable homes to 45 Coventry Lane.
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