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Essex
71 Pembrook Road
$470,000
● House - Off Market

71 Pembrook Road

North Andover, MA 01845
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,752 Ft²
$795,731
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

The opportunity is here! Desirable library neighborhood is the backdrop for this mid-century gem featuring 3 bedrooms, central air conditioning, casement windows and hardwood flooring. From the formal living room with 2-way fireplace to the large country kitchen, dining room and heated sunroom, the possibilities for a creative floor plan are numerous. Bonus lower level has entertainment-sized fireplaced family room, extra kitchen with laundry, half bath & more. Additional amenities include irrigation system, new vinyl shingle siding & new garage door. Enjoy the deck, brick patio, garden area & yard with beautiful privacy-providing plantings. Don't miss this wonderful, well- maintained home that will appeal to a wide range of buyers!
Unit Size
1,752 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$285
Property Type
House
Property Taxes
$473
HOA Dues
-
Year Built
1958

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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: 6 months ago (MLSPIN #72177744)

Price History

Date / Event Date Event Price
Aug 25, 2017 Sold
Premium
Sold
Jun 7, 2017 Listed by William Raveis R.E. & Home Services $499,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,596
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,502
  • Total Building Area: 2,534
  • Gross Building Area: 4,004
  • Building Area: 2,534
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,534
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000287
  • 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_230339_9
  • Parcel: NAND M:00021 B:00026 L:00000
  • Block: 26
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6943
  • Longitude: -71.1297

    Address

  • Full Address: 71 Pembrook Rd
  • Address - House Number: 71
  • Address - Street Name: Pembrook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Andover
  • Carrier Code: C043
  • 4-Digit Zip Code: 3812
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $675,600

    Appraisal Valuation

  • Standard Deviation: 0.1697
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 734,437
  • High Value: 847,495
  • Low Value: 621,378

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $609,200
  • Assessed Land Value: $286,400
  • Assessed Improvements Value: $322,800

    Sales

  • Current Sale Recording Date: Aug 25, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21977
  • Previous Sale Recording Date: Jan 07, 2016
  • 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

2501 ft²

Average Home Age

73.5 years

Currently For Sale

1398 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: 6 months ago
Data Source: MLS PIN, MLS# 72177744

Frequently Asked Questions

When was property at 71 Pembrook Road built and last sold?
The property at 71 Pembrook Road was built in 1958 and last sold on Jan 1, 1970 for $470,000.
How much is this home worth?
The estimated value of the home located at 71 Pembrook Road is $513,129.
What are some comparable homes to 71 Pembrook Road?
There are currently no comparable homes to 71 Pembrook Road.
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