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Essex
66 Herrick Road
$258,000
● House - Off Market

66 Herrick Road

North Andover, MA 01845
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,625 Ft²
$724,843
RealtyHop Estimate
168.56%
Since Oct 1, 2001
National-US
Primary Model

About This Property

WISE BUYERS LOOK HARD FOR BARGAINS LIKE THIS 3 BED, 2 FULL BATH CAPE NEEDING SOME REPAIR. HARDWOOD FLRS, FIREPLACE, SPACIOUS INTERIOR, GARAGE. WALK TO BRAND NEW ELEMENTARY SCHOOL,TOWN & LIBRARY. SELLER REQUESTS SEPT,2001 CLOSING.
Unit Size
1,625 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$166
Property Type
House
Property Taxes
$205
HOA Dues
-
Year Built
1940

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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: 4 years ago (MLSPIN #30497892)

Price History

Date / Event Date Event Price
Apr 30, 2018 Sold
Premium
Sold
Mar 15, 2018 Listed $490,000
Listed
Jan 13, 2016 Sold
Premium
Sold
Sep 27, 2001 Sold
Premium
Sold
Apr 24, 2001 Listed $269,900
Listed

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 910
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,998
  • Total Building Area: 2,126
  • Gross Building Area: 3,103
  • Building Area: 2,126
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,126
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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_229988_9
  • Parcel: NAND M:00015 B:00019 L:00000
  • Block: 19
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6966
  • Longitude: -71.134

    Address

  • Full Address: 66 Herrick Rd
  • Address - House Number: 66
  • Address - Street Name: Herrick
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Andover
  • Carrier Code: C027
  • 4-Digit Zip Code: 3718
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $631,800

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 665,215
  • High Value: 770,289
  • Low Value: 560,141

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $569,700
  • Assessed Land Value: $273,400
  • Assessed Improvements Value: $296,300

    Sales

  • Current Sale Contract Date: Apr 30, 2018
  • Current Sale Recording Date: Apr 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 117799
  • Previous Sale Recording Date: Jan 13, 2016
  • Previous Sale Contract Date: Dec 31, 2015
  • Previous Sale Amount: $325,000
  • 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

2521 ft²

Average Home Age

73.7 years

Currently For Sale

1419 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30497892

Frequently Asked Questions

When was property at 66 Herrick Road built and last sold?
The property at 66 Herrick Road was built in 1940 and last sold on Apr 30, 2018 for $522,500.
How much is this home worth?
The estimated value of the home located at 66 Herrick Road is $0.
What are some comparable homes to 66 Herrick Road?
There are currently no comparable homes to 66 Herrick Road.
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