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Essex
70 Meadowood Rd
Photo of 70 Meadowood Rd
Sold on Nov 3, 2006

1

Map

$400,000
● House - Off Market

70 Meadowood Rd

North Andover, MA 01845
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,399 Ft²
$787,639
RealtyHop Estimate
87.98%
Since Dec 1, 2006
MA-Boston
Primary Model

About This Property

Picture perfect Colonial on a lovely cul-de-sac in a fabulous residential neighborhood.  Built in 1993 and refreshed & updated with a newer kitchen and finished lower level which adds an additional 350 s.f. space. Versatile & perfect for a playroom, office or family rm. 1st floor features an open concept flr plan with a nice flow from the fireplaced living rm to the dining rm, custom kitchen and out to the private deck & backyard.  Cath ceilings, skylights, central AC & more!
Unit Size
1,399 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$300
Property Type
House
Property Taxes
$337
HOA Dues
-
Year Built
1993

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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 #70439189)

Price History

Date / Event Date Event Price
Nov 3, 2006 Sold
Premium
Sold
Aug 11, 2006 Listed $419,000
Listed
Nov 10, 2000 Sold
Premium
Sold
Sep 22, 2000 Listed $309,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 540
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,027
  • Total Building Area: 1,644
  • Gross Building Area: 2,408
  • Building Area: 1,644
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,644
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOWOOD
  • Land Acres: 0000000115
  • 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: 253204

Zoning

  • Zoning: R1

Geography

  • Account Number: M_231536_9
  • Parcel: NAND M:00025 B:00092 L:00000
  • Block: 92
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6599
  • Longitude: -71.1154

    Address

  • Full Address: 70 Meadowood Rd
  • Address - House Number: 70
  • Address - Street Name: Meadowood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Andover
  • Carrier Code: R003
  • 4-Digit Zip Code: 5927
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $629,000

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 709,872
  • High Value: 830,193
  • Low Value: 589,552

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $567,200
  • Assessed Land Value: $271,400
  • Assessed Improvements Value: $295,800

    Sales

  • Current Sale Recording Date: Nov 03, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 130916
  • Previous Sale Recording Date: Nov 10, 2000
  • Previous Sale Amount: $295,000
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2520 ft²

Average Home Age

73.7 years

Currently For Sale

1438 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

Unit for rent at 23 Florence, Andover, 01810

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
23 Florence, Andover, 01810 Listing by Julie Ratte

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70439189

Frequently Asked Questions

When was property at 70 Meadowood Road built and last sold?
The property at 70 Meadowood Road was built in 1993 and last sold on Jan 1, 1970 for $400,000.
How much is this home worth?
The estimated value of the home located at 70 Meadowood Road is $426,584.
What are some comparable homes to 70 Meadowood Road?
There are currently no comparable homes to 70 Meadowood Road.
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