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Essex
8 Edmands Road
$425,900
● House - Off Market

8 Edmands Road

North Andover, MA 01845
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,650 Ft²
$683,331
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

It's all about the location in the desirable library area of town!  From the inviting front porch to the abutting rear lot with frontage on Silsbee Road, this charming home will provide the new owners with many options.  Flexible-use floor plan on the interior and additional land area are a real bonus. First floor of the home, built in about 1930 and updated since, features living room, kitchen, den, office & full bath. Second floor, added in about 2000, has 3 bedrooms, laundry room & 2nd full bath.  Walk-up attic provides abundant storage space. Deck off kitchen, patio, shed, level yard and plenty of off-street parking. Gas heat plus town water & sewer are all here. Opportunity awaits!
Unit Size
1,650 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$261
Property Type
House
Property Taxes
$506
HOA Dues
-
Year Built
1930

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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 #72229388)

Price History

Date / Event Date Event Price
Oct 31, 2017 Sold
Premium
Sold
Sep 15, 2017 Listed by William Raveis R.E. & Home Services $429,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 15
  • 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: 825
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,192
  • Total Building Area: 1,650
  • Gross Building Area: 2,839
  • Building Area: 1,650
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,650
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000119
  • 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_230117_9
  • Parcel: NAND M:00020 B:00037 L:00000
  • Block: 37
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6972
  • Longitude: -71.1325

    Address

  • Full Address: 8 Edmands Rd
  • Address - House Number: 8
  • Address - Street Name: Edmands
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Andover
  • Carrier Code: C027
  • 4-Digit Zip Code: 3716
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $621,500

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 636,698
  • High Value: 744,409
  • Low Value: 528,986

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $560,400
  • Assessed Land Value: $271,700
  • Assessed Improvements Value: $288,700

    Sales

  • Current Sale Recording Date: Oct 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 116954
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# 72229388

Frequently Asked Questions

When was property at 8 Edmands Road built and last sold?
The property at 8 Edmands Road was built in 1930 and last sold on Jan 1, 1970 for $425,900.
How much is this home worth?
The estimated value of the home located at 8 Edmands Road is $446,533.
What are some comparable homes to 8 Edmands Road?
There are currently no comparable homes to 8 Edmands Road.
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