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Essex
74 Heath Road
Photo of 74 Heath Road
Sold on Sep 1, 2006

1

Map

$518,000
● House - Off Market

74 Heath Road

North Andover, MA 01845
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,763 Ft²
$911,332
RealtyHop Estimate
68.80%
Since Oct 1, 2006
National-US
Primary Model

About This Property

One of North Andover's most sought after neighborhoods - this lovely 7 room, 3 bedroom, 3 bath Ranch in impeccable condition, featuring 3 fireplaces, formal Living Room with custom mantel,cherry built-ins and recessed lighting. Kitchen skylight accentuates cherry cabinets, updated bathrooms. Complete suite in finished walkout lower level with separate entrance, suitable for au-pair or in-law potential. Spacious deck, overlooking a professionally landscaped back yard with great views.
Unit Size
2,763 Ft²
Days on Market
-
Land Size
0.66 acres
Price per sqft
$195
Property Type
House
Property Taxes
$451
HOA Dues
-
Year Built
1955

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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: 4 months ago (MLSPIN #70384817)

Price History

Date / Event Date Event Price
Sep 1, 2006 Sold
Premium
Sold
May 10, 2006 Listed $539,900
Listed
May 30, 1997 Sold
Premium
Sold
Apr 8, 1997 Listed $289,900
Listed
BEAUTIFULLY DECORATED RANCH IN SUPERIOR LOCATION WITH VIEWS OF MT. MONADNOCK FROM REAR DECK. THREE FIREPLACES, CHERRY KITCHEN WITH NEW APPLIANCES, HARDWOOD FLORS BELOW KARISTAN CARPETING.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,842
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,129
  • Total Building Area: 2,763
  • Gross Building Area: 4,790
  • Building Area: 2,763
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 2,763
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH ANDOVER
  • Land Acres: 0000000669
  • 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: R3

Geography

  • Account Number: M_231753_9
  • Parcel: NAND M:00060 B:A0028 L:00000
  • Block: A0028
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6796
  • Longitude: -71.1124

    Address

  • Full Address: 74 Heath Rd
  • Address - House Number: 74
  • Address - Street Name: Heath
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Andover
  • Carrier Code: C026
  • 4-Digit Zip Code: 4508
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $792,300

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 839,728
  • High Value: 982,112
  • Low Value: 697,344

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $714,400
  • Assessed Land Value: $359,600
  • Assessed Improvements Value: $354,800

    Sales

  • Current Sale Recording Date: Sep 01, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 29935
  • Previous Sale Recording Date: Sep 01, 2006
  • Previous Sale Amount: $518,000
  • 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

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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: 4 months ago
Data Source: MLS PIN, MLS# 70384817

Frequently Asked Questions

When was property at 74 Heath Road built and last sold?
The property at 74 Heath Road was built in 1955 and last sold on Jan 1, 1970 for $518,000.
How much is this home worth?
The estimated value of the home located at 74 Heath Road is $572,777.
What are some comparable homes to 74 Heath Road?
There are currently no comparable homes to 74 Heath Road.
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