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Essex 01810
7 North St
$730,000
● House - Off Market

7 North St

Andover, MA 01810
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,113 Ft²
$843,709
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Private 4 acre estate in Andover. This oversized colonial sits on a sprawling lot without a neighbor in sight. A tree-lined private road leads to a circular driveway with enough parking for all your guests. The main level features a generously sized living room that opens up to a formal dining area and sitting room. The living room walks out to an elevated deck where you can take in the serene greenery around you. The generous amount of windows on this main level allows for an abundance of natural light in every room. The first floor flex room could easily function as a 4th bedroom. Upstairs consists of 3 bedrooms, an updated bathroom, and attic storage attached to the 3rd bedroom. This move-in ready home comes equipped with a newer roof and furnace.
Unit Size
3,113 Ft²
Days on Market
-
Land Size
4.04 acres
Price per sqft
$235
Property Type
House
Property Taxes
$819
HOA Dues
-
Year Built
1976

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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: 5 years ago (MLSPIN #72842004)

Price History

Date / Event Date Event Price
Jul 29, 2021 Sold
Premium
Sold
Jun 2, 2021 Listed by Buyers Brokers Only, LLC $730,000
Listed by Buyers Brokers Only, LLC
Oct 26, 1992 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,503
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 175,982
  • Total Building Area: 3,113
  • Gross Building Area: 4,761
  • Building Area: 3,113
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,113
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004040
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254402

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00105 B:00004 L:0000D
  • Block: 4
  • Lot: D
  • Municipality: ANDOVER
  • Latitude: 42.6755
  • Longitude: -71.1831

    Address

  • Full Address: 7 North St
  • Address - House Number: 7
  • Address - Street Name: North
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C013
  • 4-Digit Zip Code: 1205
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,085,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1543
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 946,552
  • High Value: 1,092,677
  • Low Value: 800,426

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $794,400
  • Assessed Land Value: $399,100
  • Assessed Improvements Value: $395,300

    Sales

  • Current Sale Contract Date: Jul 29, 2021
  • Current Sale Recording Date: Jul 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 25286
  • Previous Sale Recording Date: Oct 26, 1992
  • Previous Sale Amount: $195,000
  • 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72842004

Frequently Asked Questions

When was property at 7 North Street built and last sold?
The property at 7 North Street was built in 1976 and last sold on Jul 29, 2021 for $730,000.
How much is this home worth?
The estimated value of the home located at 7 North Street is $0.
What are some comparable homes to 7 North Street?
There are currently no comparable homes to 7 North Street.
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