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Essex
5 Crossbow Ln
Photo of 5 Crossbow Ln
Sold on Apr 6, 2007

1

Map

$480,000
● House - Off Market

5 Crossbow Ln

North Andover, MA 01845
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,008 Ft²
$936,143
RealtyHop Estimate
87.27%
Since May 1, 2007
MA-Boston
Primary Model

About This Property

WONDERFUL HOME AT GREAT VALUE!  Quiet family neighborhood. Corner lot with pond view and access.  Large E-I Kitchen w/breakfast bar as well and sliders to huge deck; formal DR and LR; large FR w/cathedral ceiling & FP. Recent updates include new septic-2006, furnace & hot water heater-1999, roof, paint & gutters-2000.  Master suite w/cathedral ceiling and bath.  Neat & clean.  Title V approved. Immediate occupancy. Appraised at $515K in 12/2006! SEE IT BEFORE IT'S GONE!
Unit Size
2,008 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$249
Property Type
House
Property Taxes
$448
HOA Dues
-
Year Built
1983

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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 #70518213)

Price History

Date / Event Date Event Price
Apr 6, 2007 Sold
Premium
Sold
Jan 30, 2007 Listed $499,900
Listed
Oct 25, 1995 Sold
Premium
Sold
May 10, 1995 Listed $269,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 7
  • 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: 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: 1,124
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,431
  • Total Building Area: 2,008
  • Gross Building Area: 3,738
  • Building Area: 2,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,008
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INGALLS XING 02
  • Land Acres: 0000001020
  • 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_236484_9
  • Parcel: NAND M:00106 B:B0213 L:00000
  • Block: B0213
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6462
  • Longitude: -71.055

    Address

  • Full Address: 5 Crossbow Ln
  • Address - House Number: 5
  • Address - Street Name: Crossbow
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: North Andover
  • Carrier Code: R010
  • 4-Digit Zip Code: 3037
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $862,600

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 815,998
  • High Value: 954,359
  • Low Value: 677,638

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $777,800
  • Assessed Land Value: $392,200
  • Assessed Improvements Value: $385,600

    Sales

  • Current Sale Recording Date: Apr 06, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 25, 1995
  • Previous Sale Amount: $260,000
  • 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

2523 ft²

Average Home Age

72.3 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# 70518213

Frequently Asked Questions

When was property at 5 Crossbow Lane built and last sold?
The property at 5 Crossbow Lane was built in 1983 and last sold on Jan 1, 1970 for $480,000.
How much is this home worth?
The estimated value of the home located at 5 Crossbow Lane is $506,402.
What are some comparable homes to 5 Crossbow Lane?
There are currently no comparable homes to 5 Crossbow Lane.
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