Essex
58 Meadowood Rd
$686,000
●
House -
Off Market
58 Meadowood Rd
North Andover, MA 01845
3 Beds
2 Baths,
1
Half Bath
1,487 Ft²
$3,734
Est. Monthly
About This Property
Move right in to this lovely Colonial style home located on a cul
de sac in the desirable neighborhood of Meadowood. Open concept
Living rm w/vaulted ceiling & adjoining dining area with hardwood
flooring throughout. Glass sliding doors lead to exterior deck that
overlooks an all wooded area. Updated Kitchen with newer stainless
steel appliances. First floor has been made complete with a
beautiful newer half bath and also has direct access to one car
garage. Second level has Main bedroom with hardwood flooring &
spacious private batth. Two additional bedrooms with hardwood
flooring & 2nd full bath. Lower Level has finished area awaiting
your ideas and plenty of storage space with rear walk-out. Updates
include: 2024- New High Effiency furnace. 2023- New Range w/ hood &
Front door w/ storm. 2020- Kit Refrigerator, and Garage door & auto
opener. 2019-2018 - New Roof, Hot water tank, Radon mitigation
system & more. Small community play area is steps away. Close to
Rts 93 and 495.
Unit Size
1,487 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$437
Property Type
House
Property Taxes
$543
HOA Dues
-
Year Built
1993
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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: 6 months ago (MLSPIN #73289109)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2024 | Sold | ||
| Sold | |||
| Sep 18, 2024 | In contract | - | |
| In contract | |||
| Sep 12, 2024 | Listed by Coldwell Banker Realty - Lexington | $649,900 | |
| Listed by Coldwell Banker Realty - Lexington | |||
| | |||
|
Move right in to this lovely Colonial style home located on a cul de sac in the desirable neighborhood of Meadowood. Open concept Living rm w/vaulted ceiling & adjoining dining area with hardwood flooring throughout. Glass sliding doors lead to exterior deck that overlooks an all wooded area. Updated Kitchen with newer stainless steel appliances. First floor has been made complete with a beautiful newer half bath and also has direct access to one car garage. Second level has Main bedroom with hardwood flooring & spacious private batth. Two additional bedrooms with hardwood flooring & 2nd full bath. Lower Level has finished area awaiting your ideas and plenty of storage space with rear walk-out. Updates include: 2024- New High Effiency furnace. 2023- New Range w/ hood & Front door w/ storm. 2020- Kit Refrigerator, and Garage door & auto opener. 2019-2018 - New Roof, Hot water tank, Radon mitigation system & more. Small community play area is steps away. Close to Rts 93 and 495.
| |||
| May 30, 2018 | Sold | ||
| Sold | |||
| Apr 11, 2018 | Listed by Coldwell Banker Realty - Lexington | $415,000 | |
| Listed by Coldwell Banker Realty - Lexington | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Building Info
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