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Essex
769 Forest Street
Photo of 769 Forest Street
Sold on Jul 28, 2005

1

Map

$530,000
● House - Off Market

769 Forest Street

North Andover, MA 01845
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,944 Ft²
$933,822
RealtyHop Estimate
76.23%
Since Aug 1, 2005
MA-Boston
Primary Model

About This Property

This picturesque open concept Colonial was totally rebuilt in 1995.  Sunny and bright, it is in pristine condition. Located on a pretty and quiet country road with a neighborhood feeling, this home features a large family room with built ins, a huge hickory kitchen with granite countertops and attached dining area.  The slider to the deck overlooks one of the loveliest back yards in town.  Plenty of room for expansion and swimming pool.  Gorgeous landscaping.
Unit Size
1,944 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$273
Property Type
House
Property Taxes
$395
HOA Dues
-
Year Built
1975

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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 #70202209)

Price History

Date / Event Date Event Price
Aug 1, 2005 Sold
Premium
Sold
Jun 2, 2005 Listed $529,900
Listed
Jul 29, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 7
  • 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: 18
  • 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: 1,104
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 45,738
  • Total Building Area: 2,938
  • Gross Building Area: 3,924
  • Building Area: 2,938
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 2,938
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANNA GILBER
  • Land Acres: 0000001050
  • 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: 253205

Zoning

  • Zoning: R1

Geography

  • Account Number: M_237149_9
  • Parcel: NAND M:00105 B:D0072 L:00000
  • Block: D0072
  • Municipality: NORTH ANDOVER
  • Latitude: 42.647
  • Longitude: -71.0467

    Address

  • Full Address: 769 Forest St
  • Address - House Number: 769
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Andover
  • Carrier Code: R010
  • 4-Digit Zip Code: 3301
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $858,100

    Appraisal Valuation

  • Standard Deviation: 0.1531
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 887,633
  • High Value: 1,037,601
  • Low Value: 737,665

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $773,800
  • Assessed Land Value: $392,600
  • Assessed Improvements Value: $381,200

    Sales

  • Current Sale Recording Date: Aug 01, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 28515
  • Previous Sale Recording Date: Jul 29, 1994
  • Previous Sale Amount: $168,900
  • 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 70202209

Frequently Asked Questions

When was property at 769 Forest Street built and last sold?
The property at 769 Forest Street was built in 1975 and last sold on Jan 1, 1970 for $530,000.
How much is this home worth?
The estimated value of the home located at 769 Forest Street is $545,781.
What are some comparable homes to 769 Forest Street?
There are currently no comparable homes to 769 Forest Street.
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