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Essex
7 Laconia Cir
Photo of 7 Laconia Cir
Sold on Aug 5, 2011

1

Map

$420,000
● House - Off Market

7 Laconia Cir

North Andover, MA 01845
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,588 Ft²
$891,460
RealtyHop Estimate
107.36%
Since Sep 1, 2011
MA-Boston
Primary Model

About This Property

Colonial style home on a corner lot with enormous potential! Home offers ample sized bedrooms and fireplaces in family room and living room. Buyer to sign seller's addendum and P&S by 48 hours of verbal acceptance of offer. No changes to corporate addendums and any contracts. ALL CONTRACTS/OFFERS ARE SUBJECT TO SELLER SENIOR MANAGEMENT APPROVAL AND ANY OFFERS OR COUNTER OFFERS BY SELLER ARE NOT BINDING UNLESS THE ENTIRE AGREEMENT IS RATIFIED BY ALL PARTIES.  $75 doc fee paid by buyer at closing.
Unit Size
2,588 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$166
Property Type
House
Property Taxes
$591
HOA Dues
-
Year Built
1979

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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: 2 months ago (MLSPIN #71212304)

Price History

Date / Event Date Event Price
Dec 17, 2014 Sold
Premium
Sold
Sep 13, 2014 Listed by Coco, Early & Associates The Olivares and Molina Division $579,900
Listed by Coco, Early & Associates The Olivares and Molina Division
Aug 24, 2011 Sold
Premium
Sold
Apr 7, 2011 Listed by Coco, Early & Associates The Olivares and Molina Division $429,900
Listed by Coco, Early & Associates The Olivares and Molina Division

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,444
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,996
  • Total Building Area: 3,745
  • Gross Building Area: 4,940
  • Building Area: 3,745
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,745
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INGALLS XING
  • Land Acres: 0000001010
  • 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: 253205

Zoning

  • Zoning: R1

Geography

  • Account Number: M_236810_9
  • Parcel: NAND M:00106 B:B0120 L:00000
  • Block: B0120
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6422
  • Longitude: -71.0513

    Address

  • Full Address: 7 Laconia Cir
  • Address - House Number: 7
  • Address - Street Name: Laconia
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: North Andover
  • Carrier Code: R010
  • 4-Digit Zip Code: 3304
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $958,500

    Appraisal Valuation

  • Standard Deviation: 0.1689
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,015,586
  • High Value: 1,187,172
  • Low Value: 844,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $864,300
  • Assessed Land Value: $392,100
  • Assessed Improvements Value: $472,200

    Sales

  • Current Sale Recording Date: Dec 17, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 28611
  • Previous Sale Recording Date: Aug 24, 2011
  • Previous Sale Amount: $420,000
  • 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2534 ft²

Average Home Age

73 years

Currently For Sale

1483 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: 2 months ago
Data Source: MLS PIN, MLS# 71212304

Frequently Asked Questions

When was property at 7 Laconia Circle built and last sold?
The property at 7 Laconia Circle was built in 1979 and last sold on Jan 1, 1970 for $565,000.
How much is this home worth?
The estimated value of the home located at 7 Laconia Circle is $602,817.
What are some comparable homes to 7 Laconia Circle?
There are currently no comparable homes to 7 Laconia Circle.
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