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Essex
5 Bacon Avenue
$520,000
● House - Off Market

5 Bacon Avenue

North Andover, MA 01845
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,796 Ft²
$753,840
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Move right into this beautifully updated home with a bright and light open floor plan. Kitchen boasts white cabinets, granite countertops, stainless steel appliances and a center island perfect for entertaining. Dining room has sliders to the deck that overlooks the large, fenced-in yard. The kitchen and dining room open up to the calming and inviting living room. Three bedrooms with custom closets and a full bath complete this floor. The lower level features a large family room with a walk-out to the backyard. This level also includes a large laundry/mudroom with custom shelves and built-ins. Close to Rte 495 and close proximity to schools, parks and Olde Center. A wonderful home that you don't want to miss!
Unit Size
1,796 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$287
Property Type
House
Property Taxes
$490
HOA Dues
-
Year Built
1981

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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: 5 months ago (MLSPIN #72564164)

Price History

Date / Event Date Event Price
Dec 9, 2021 Sold
Premium
Sold
Oct 27, 2021 Listed by William Raveis R.E. & Home Services $639,900
Listed by William Raveis R.E. & Home Services
Nov 8, 2019 Sold
Premium
Sold
Sep 12, 2019 Listed by William Raveis R.E. & Home Services $515,000
Listed by William Raveis R.E. & Home Services
Dec 23, 2013 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,188
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 1,582
  • Gross Building Area: 2,582
  • Building Area: 1,582
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,582
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000300
  • 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: 253202

Zoning

  • Zoning: R4

Geography

  • Account Number: M_230517_9
  • Parcel: NAND M:00045 B:G0057 L:00000
  • Block: G0057
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6891
  • Longitude: -71.1275

    Address

  • Full Address: 5 Bacon Ave
  • Address - House Number: 5
  • Address - Street Name: Bacon
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: North Andover
  • Carrier Code: C043
  • 4-Digit Zip Code: 4310
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $673,700

    Appraisal Valuation

  • Standard Deviation: 0.1531
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 728,173
  • High Value: 839,622
  • Low Value: 616,724

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $607,500
  • Assessed Land Value: $287,500
  • Assessed Improvements Value: $320,000

    Sales

  • Current Sale Contract Date: Dec 09, 2021
  • Current Sale Recording Date: Dec 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 40186
  • Previous Sale Recording Date: Nov 08, 2019
  • Previous Sale Contract Date: Nov 04, 2019
  • Previous Sale Amount: $520,000
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2523 ft²

Average Home Age

72.6 years

Currently For Sale

1457 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# 72564164

Frequently Asked Questions

When was property at 5 Bacon Avenue built and last sold?
The property at 5 Bacon Avenue was built in 1981 and last sold on Dec 9, 2021 for $680,000.
How much is this home worth?
The estimated value of the home located at 5 Bacon Avenue is $643,750.
What are some comparable homes to 5 Bacon Avenue?
There are currently no comparable homes to 5 Bacon Avenue.
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