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Essex
7 Cochichewick Drive
$569,000
● House - Off Market

7 Cochichewick Drive

North Andover, MA 01845
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,075 Ft²
$1,241,096
RealtyHop Estimate
114.02%
Since Feb 1, 2013
National-US
Primary Model

About This Property

NEW CONSTRUCTION!!! Near Campion Estates this beautiful home is nestled in a neighborhood of high end homes. First floor features hardwood floors & gas fireplace living room, formal dining and open floor plan. Kitchen and baths boast granite countertops. Great natural light, central air and a wonderful deck. YES it is a 5 bedroom 3.5 bath and 2 car garage for under 600 k IT WILL NOT LAST!!!!
Unit Size
3,075 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$189
Property Type
House
Property Taxes
$8,333,333
HOA Dues
-
Year Built
2012

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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 #71446325)

Price History

Date / Event Date Event Price
Dec 21, 2012 Sold
Premium
Sold
Oct 11, 2012 Listed by A B & H Realty $579,900
Listed by A B & H Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,084
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,168
  • Total Building Area: 3,127
  • Gross Building Area: 5,206
  • Building Area: 3,127
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,127
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000624
  • 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: 253203

Zoning

  • Zoning: R1

Geography

  • Account Number: M_233181_9
  • Parcel: NAND M:00062 B:00161 L:00000
  • Block: 161
  • Municipality: NORTH ANDOVER
  • Latitude: 42.713
  • Longitude: -71.095

    Address

  • Full Address: 7 Cochichewick Dr
  • Address - House Number: 7
  • Address - Street Name: Cochichewick
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: North Andover
  • Carrier Code: R007
  • 4-Digit Zip Code: 1237
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,166,300

    Appraisal Valuation

  • Standard Deviation: 0.1254
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 86
  • Final Value: 1,065,630
  • High Value: 1,199,289
  • Low Value: 931,972

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,051,700
  • Assessed Land Value: $374,900
  • Assessed Improvements Value: $676,800

    Sales

  • Current Sale Recording Date: Dec 21, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000003
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

2550 ft²

Average Home Age

72.5 years

Currently For Sale

1480 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# 71446325

Frequently Asked Questions

When was property at 7 Cochichewick Drive built and last sold?
The property at 7 Cochichewick Drive was built in 2012 and last sold on Jan 1, 1970 for $509,000.
How much is this home worth?
The estimated value of the home located at 7 Cochichewick Drive is $580,905.
What are some comparable homes to 7 Cochichewick Drive?
There are currently no comparable homes to 7 Cochichewick Drive.
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