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Essex 01810
49 North St
$340,000
● House - Off Market

49 North St

Andover, MA 01810
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,492 Ft²
$570,525
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

ATTENTION FLIPPERS, CONTRACTORS AND REHABBERS! Bring your plans and ideas! This is the perfect property for a rehab or knock it down and build your dream home.  The lot is extra large, nice and level, assessors maps shows 200' road frontage!  The home has good bones but needs work inside and out.  Good sized rooms. Newer kitchen that needs floor covering.   Conveniently located near highway access.  Schedule your appointment today to come check out your new address!  Value range pricing seller will entertain offers between $375,000-$400,000
Unit Size
1,492 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$251
Property Type
House
Property Taxes
$478
HOA Dues
-
Year Built
2019

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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 #72370051)

Price History

Date / Event Date Event Price
Aug 20, 2021 Sold
Premium
Sold
Dec 10, 2020 Listed by Coldwell Banker Residential Brokerage - Franklin $1,600,000
Listed by Coldwell Banker Residential Brokerage - Franklin
Dec 14, 2018 Sold
Premium
Sold
Jul 28, 2018 Listed by Coldwell Banker Residential Brokerage - Franklin $375,000
Listed by Coldwell Banker Residential Brokerage - Franklin

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,450
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,389
  • Total Building Area: 3,794
  • Gross Building Area: 6,272
  • Building Area: 3,794
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,794
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000606
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254402

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00128 B:00039 L:00000
  • Block: 39
  • Municipality: ANDOVER
  • Latitude: 42.6793
  • Longitude: -71.1893

    Address

  • Full Address: 49 North St
  • Address - House Number: 49
  • Address - Street Name: North
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C013
  • 4-Digit Zip Code: 1105
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,823,300

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,585,714
  • High Value: 1,856,274
  • Low Value: 1,315,153

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,334,800
  • Assessed Land Value: $347,200
  • Assessed Improvements Value: $987,600

    Sales

  • Current Sale Contract Date: Aug 20, 2021
  • Current Sale Recording Date: Aug 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27990
  • Previous Sale Recording Date: Dec 14, 2018
  • Previous Sale Contract Date: Nov 30, 2018
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: O
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

2541 ft²

Average Home Age

72.9 years

Currently For Sale

1497 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# 72370051

Frequently Asked Questions

When was property at 49 North Street built and last sold?
The property at 49 North Street was built in 2019 and last sold on Aug 20, 2021 for $1,600,000.
How much is this home worth?
The estimated value of the home located at 49 North Street is $1,647,417.
What are some comparable homes to 49 North Street?
There are currently no comparable homes to 49 North Street.
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