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Essex
48 Sunset Rock Rd
$725,000
● House - Off Market

48 Sunset Rock Rd

North Andover, MA 01845
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,686 Ft²
$1,114,018
RealtyHop Estimate
48.73%
Since Dec 1, 2018
MA-Boston
Primary Model

About This Property

Sited in an upscale neighborhood, this grand, Contemporary Colonial has all the bells and whistles. Built in 1996 this home has  four bedrooms and two and one half baths. With an eat-in granite and stainless kitchen that flows into an oversized family room, this stately and elegant home is perfect for a growing family.  Details include vaulted and tray ceilings, gorgeous woodwork, two fireplaces, CA, newly refinished hardwood flooring, newly seeded yard, granite bathrooms, central vac, a three car garage and a large deck overlooking conservation land. Its tremendous curb appeal and private setting is just the beginning.
Unit Size
3,686 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$203
Property Type
House
Property Taxes
$868
HOA Dues
-
Year Built
1996

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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 #72391432)

Price History

Date / Event Date Event Price
Nov 5, 2018 Sold
Premium
Sold
Sep 7, 2018 Listed by Compass $749,000
Listed by Compass
Jul 16, 2003 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 10
  • 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: 2
  • Basement Area: 1,714
  • Garage Type: 17
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,663
  • Total Building Area: 3,960
  • Gross Building Area: 6,000
  • Building Area: 3,960
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,960
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000933
  • 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_236037_9
  • Parcel: NAND M:00106 B:A0244 L:00000
  • Block: A0244
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6584
  • Longitude: -71.0605

    Address

  • Full Address: 48 Sunset Rock Rd
  • Address - House Number: 48
  • Address - Street Name: Sunset Rock
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Andover
  • Carrier Code: R010
  • 4-Digit Zip Code: 3217
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,359,500

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,202,767
  • High Value: 1,406,708
  • Low Value: 998,827

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,225,900
  • Assessed Land Value: $406,900
  • Assessed Improvements Value: $819,000

    Sales

  • Current Sale Recording Date: Nov 05, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27005
  • Previous Sale Recording Date: Jul 16, 2003
  • Previous Sale Amount: $805,000
  • 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

2521 ft²

Average Home Age

73.7 years

Currently For Sale

1419 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# 72391432

Frequently Asked Questions

When was property at 48 Sunset Rock Road built and last sold?
The property at 48 Sunset Rock Road was built in 1996 and last sold on Jan 1, 1970 for $725,000.
How much is this home worth?
The estimated value of the home located at 48 Sunset Rock Road is $788,797.
What are some comparable homes to 48 Sunset Rock Road?
There are currently no comparable homes to 48 Sunset Rock Road.
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