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Essex
5 Skyview Terrace
Photo of 5 Skyview Terrace
Sold on Aug 22, 2006

1

Map

$882,500
● House - Off Market

5 Skyview Terrace

North Andover, MA 01845
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,458 Ft²
$1,615,637
RealtyHop Estimate
81.55%
Since Sep 1, 2006
MA-Boston
Primary Model

About This Property

Move right into this beautifully decorated and well maintained home at North Andover Estates. Great entertainment room complete with wet bar, wine cooler, refrigerators', and ice maker. Additional three rooms with approximately 1,500 square feet in lower level.
Unit Size
3,458 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$257
Property Type
House
Property Taxes
$678
HOA Dues
-
Year Built
1995

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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 #70357668)

Price History

Date / Event Date Event Price
Aug 22, 2006 Sold
Premium
Sold
Mar 31, 2006 Listed $889,900
Listed
Sep 29, 1995 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 2,101
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,651
  • Total Building Area: 4,539
  • Gross Building Area: 5,883
  • Building Area: 4,539
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,539
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH ANDOVER HEIGHTS
  • Land Acres: 0000000520
  • 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_232731_9
  • Parcel: NAND M:00098 B:B0085 L:00000
  • Block: B0085
  • Municipality: NORTH ANDOVER
  • Latitude: 42.661
  • Longitude: -71.1008

    Address

  • Full Address: 5 Skyview Ter
  • Address - House Number: 5
  • Address - Street Name: Skyview
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: North Andover
  • Carrier Code: C034
  • 4-Digit Zip Code: 4741
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,276,900

    Appraisal Valuation

  • Standard Deviation: 0.1538
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 1,338,510
  • High Value: 1,544,375
  • Low Value: 1,132,645

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,151,400
  • Assessed Land Value: $364,200
  • Assessed Improvements Value: $787,200

    Sales

  • Current Sale Recording Date: Aug 22, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 28538
  • Previous Sale Recording Date: Sep 29, 1995
  • Previous Sale Amount: $348,016
  • 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2532 ft²

Average Home Age

73 years

Currently For Sale

1479 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# 70357668

Frequently Asked Questions

When was property at 5 Skyview Terrace built and last sold?
The property at 5 Skyview Terrace was built in 1995 and last sold on Jan 1, 1970 for $882,500.
How much is this home worth?
The estimated value of the home located at 5 Skyview Terrace is $918,847.
What are some comparable homes to 5 Skyview Terrace?
There are currently no comparable homes to 5 Skyview Terrace.
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