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Essex
47 Willow Ridge Rd
$1,035,000
● House - Off Market

47 Willow Ridge Rd

North Andover, MA 01845
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,356 Ft²
$933,109
RealtyHop Estimate
-0.72%
Since Sep 1, 2023
MA-Boston
Primary Model

About This Property

Welcome home to this beautiful center entrance colonial located on a quiet cul-de-sac in a desirable neighborhood abutting Harold Parker Forest. This spacious home features 4 bedrooms, 2.5 bathrooms, and a 2-car garage situated on a beautiful, sunny acre lot. The main level offers a formal living room, dining room, family room with fireplace, updated kitchen with granite countertops and stainless steel appliances. The upper level has a large master suite with walk-in closet and en suite bathroom, as well as three additional bedrooms and a full bathroom. The lower level has a finished basement with plenty of storage space. The backyard is a paradise with a gunite heated pool, deck, and patio for outdoor entertaining. Don't miss this opportunity to own this move-in ready home!
Unit Size
3,356 Ft²
Days on Market
-
Land Size
1.13 acres
Price per sqft
$280
Property Type
House
Property Taxes
$766
HOA Dues
-
Year Built
1977

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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 #73127116)

Price History

Date / Event Date Event Price
Aug 28, 2023 Sold
Premium
Sold
Jun 25, 2023 In contract -
In contract
Jun 22, 2023 Listed by Afarian Realty Corp $939,900
Listed by Afarian Realty Corp
Oct 12, 2010 Sold
Premium
Sold
Jun 10, 2010 Listed by Afarian Realty Corp $673,900
Listed by Afarian Realty Corp

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 8
  • 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: 1,276
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 49,223
  • Total Building Area: 3,356
  • Gross Building Area: 4,870
  • Building Area: 3,356
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,356
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001130
  • 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_233659_9
  • Parcel: NAND M:00107 B:D0091 L:00000
  • Block: D0091
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6296
  • Longitude: -71.0897

    Address

  • Full Address: 47 Willow Ridge Rd
  • Address - House Number: 47
  • Address - Street Name: Willow Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Andover
  • Carrier Code: R014
  • 4-Digit Zip Code: 6315
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $959,700

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,025,163
  • High Value: 1,198,989
  • Low Value: 851,336

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $865,400
  • Assessed Land Value: $393,600
  • Assessed Improvements Value: $471,800

    Sales

  • Current Sale Contract Date: Aug 28, 2023
  • Current Sale Recording Date: Aug 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13961
  • Previous Sale Recording Date: Oct 12, 2010
  • Previous Sale Amount: $635,000
  • 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

2520 ft²

Average Home Age

73.2 years

Currently For Sale

1449 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 months ago
Data Source: MLS PIN, MLS# 73127116

Frequently Asked Questions

When was property at 47 Willow Ridge Road built and last sold?
The property at 47 Willow Ridge Road was built in 1977 and last sold on Aug 28, 2023 for $1,035,000.
How much is this home worth?
The estimated value of the home located at 47 Willow Ridge Road is $965,730.
What are some comparable homes to 47 Willow Ridge Road?
There are currently no comparable homes to 47 Willow Ridge Road.
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