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Essex
54 Davis Street
$700,000
● House - Off Market

54 Davis Street

North Andover, MA 01845
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,131 Ft²
$598,263
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

THE LIBRARY DISTRICT - Convenient one level living in one of the best locations in North Andover! This house is perfect for a first-time buyer or downsizer. Large eat-in kitchen with adjoining dining room makes for easy entertaining. Living room has a lovely fireplace and bay window. Three large bedrooms and a full bathroom down the hall. BONUS first floor family room and finished lower-level room. Enjoy warm summer evenings in the 3-season sunroom. Hardwood floors throughout as well. Other nice surprises include updated windows and heating system, large flat lot and a great yard. LOCATION LOCATION LOCATION close to Stevens Memorial Library, Town Common, all schools and Routes 114, 125 and 495. Make this one your home today!
Unit Size
2,131 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$282
Property Type
House
Property Taxes
$523
HOA Dues
-
Year Built
1957

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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 #73128107)

Price History

Date / Event Date Event Price
Jul 21, 2023 Sold
Premium
Sold
Jun 29, 2023 In contract -
In contract
Jun 22, 2023 Listed by Coldwell Banker Realty - Andover $599,900
Listed by Coldwell Banker Realty - Andover
Sep 30, 2010 Sold
Premium
Sold
Aug 17, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,232
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,502
  • Total Building Area: 2,015
  • Gross Building Area: 3,360
  • Building Area: 2,015
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,015
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELM CREST ESTATES
  • Land Acres: 0000000287
  • 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: 253100

Zoning

  • Zoning: R4

Geography

  • Account Number: M_230884_9
  • Parcel: NAND M:00056 B:00038 L:00000
  • Block: 38
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6967
  • Longitude: -71.1231

    Address

  • Full Address: 54 Davis St
  • Address - House Number: 54
  • Address - Street Name: Davis
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Andover
  • Carrier Code: C039
  • 4-Digit Zip Code: 2712
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $619,600

    Appraisal Valuation

  • Standard Deviation: 0.1697
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 687,843
  • High Value: 804,550
  • Low Value: 571,136

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $558,700
  • Assessed Land Value: $286,400
  • Assessed Improvements Value: $272,300

    Sales

  • Current Sale Contract Date: Jul 21, 2023
  • Current Sale Recording Date: Jul 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11645
  • Previous Sale Recording Date: Sep 30, 2010
  • Previous Sale Amount: $385,000
  • 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

2520 ft²

Average Home Age

73.7 years

Currently For Sale

1438 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# 73128107

Frequently Asked Questions

When was property at 54 Davis Street built and last sold?
The property at 54 Davis Street was built in 1957 and last sold on Jul 21, 2023 for $700,000.
How much is this home worth?
The estimated value of the home located at 54 Davis Street is $623,951.
What are some comparable homes to 54 Davis Street?
There are currently no comparable homes to 54 Davis Street.
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