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Essex
74 Willow Ridge Rd
$695,000
● House - Off Market

74 Willow Ridge Rd

North Andover, MA 01845
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,857 Ft²
$945,923
RealtyHop Estimate
38.09%
Since Jun 1, 2020
MA-Boston
Primary Model

About This Property

PRIDE OF OWNERSHIP! Benefit from the many upgrades in this CLASSIC COLONIAL that is situated on a beautiful, sunny acre lot surrounded by mature trees near the end of a quiet cul-de-sac abutting Harold Parker Forest. Gleaming hardwood floors, central air, newer roof, updated heating system, stunning bathrooms, new stone front steps and more. Both the living room and family room are front-to-back with wood-burning fireplaces. The eat-in kitchen with SS appliances leads to the formal dining room or the heated sun room and handy first-floor laundry. Large master bedroom with walk-in closet and gorgeous bath. Three other bedrooms plus another updated bath complete the 2nd floor. You'll only need to add carpet to complete the partially-finished and heated basement playroom. One look and you will have found your new home!
Unit Size
2,857 Ft²
Days on Market
-
Land Size
1.06 acres
Price per sqft
$240
Property Type
House
Property Taxes
$616
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: 6 months ago (MLSPIN #72638425)

Price History

Date / Event Date Event Price
May 11, 2020 Sold
Premium
Sold
Mar 27, 2020 Listed by William Raveis R.E. & Home Services $685,000
Listed by William Raveis R.E. & Home Services
Apr 30, 2013 Sold
Premium
Sold
Mar 2, 2013 Listed by William Raveis R.E. & Home Services $524,900
Listed by William Raveis R.E. & Home Services
Nov 21, 1997 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 8
  • 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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,298
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 46,174
  • Total Building Area: 2,857
  • Gross Building Area: 4,070
  • Building Area: 2,857
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,857
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLOW RDG ROAD
  • Land Acres: 0000001060
  • 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: R2

Geography

  • Account Number: M_233667_9
  • Parcel: NAND M:00107 B:D0086 L:00000
  • Block: D0086
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6309
  • Longitude: -71.0894

    Address

  • Full Address: 74 Willow Ridge Rd
  • Address - House Number: 74
  • Address - Street Name: Willow Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Andover
  • Carrier Code: R014
  • 4-Digit Zip Code: 6316
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $907,800

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 928,388
  • High Value: 1,085,241
  • Low Value: 771,534

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $818,600
  • Assessed Land Value: $392,700
  • Assessed Improvements Value: $425,900

    Sales

  • Current Sale Contract Date: May 08, 2020
  • Current Sale Recording Date: May 11, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10987
  • Previous Sale Recording Date: Apr 30, 2013
  • Previous Sale Amount: $515,000
  • Previous Sale Document Type: O
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

2488 ft²

Average Home Age

73.5 years

Currently For Sale

1420 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: 6 months ago
Data Source: MLS PIN, MLS# 72638425

Frequently Asked Questions

When was property at 74 Willow Ridge Road built and last sold?
The property at 74 Willow Ridge Road was built in 1976 and last sold on May 8, 2020 for $695,000.
How much is this home worth?
The estimated value of the home located at 74 Willow Ridge Road is $709,613.
What are some comparable homes to 74 Willow Ridge Road?
There are currently no comparable homes to 74 Willow Ridge Road.
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