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Essex
81 Berkeley Road
$485,000
● House - Off Market

81 Berkeley Road

North Andover, MA 01845
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,005 Ft²
$1,231,763
RealtyHop Estimate
146.40%
Since Jan 1, 2002
MA-Boston
Primary Model

About This Property

A BEAUTIFUL HOME! 5 BEDRM COL. AMENTIES GALORE! FANTASTIC EAT-IN KITCHEN, MAGNIFICENT MASTER SUITE WITH OVERSIZED WHIRLPOOL, 3 SEASONS RM, 3 1/2 BATHS, GUNITE POOL, PROF LANDSCAPING, IMMACULATE CONDITION! EASY TO SHOW, SUPRA
Unit Size
3,005 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$166
Property Type
House
Property Taxes
$422
HOA Dues
-
Year Built
1983

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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: 4 years ago (MLSPIN #30542527)

Price History

Date / Event Date Event Price
Dec 27, 2001 Sold
Premium
Sold
Sep 15, 2001 Listed by Carlson GMAC Real Estate $499,900
Listed by Carlson GMAC Real Estate

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 1,352
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,502
  • Total Building Area: 3,029
  • Gross Building Area: 5,228
  • Building Area: 3,029
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,029
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRAFALGAR ESTATES
  • 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: 253202

Zoning

  • Zoning: R4

Geography

  • Account Number: M_231042_9
  • Parcel: NAND M:00047 B:00066 L:00000
  • Block: 66
  • Municipality: NORTH ANDOVER
  • Latitude: 42.674
  • Longitude: -71.1213

    Address

  • Full Address: 81 Berkeley Rd
  • Address - House Number: 81
  • Address - Street Name: Berkeley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Andover
  • Carrier Code: C037
  • 4-Digit Zip Code: 5203
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $925,300

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 986,778
  • High Value: 1,154,096
  • Low Value: 819,460

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $834,400
  • Assessed Land Value: $322,200
  • Assessed Improvements Value: $512,200

    Sales

  • Current Sale Recording Date: Dec 27, 2001
  • Current Sale Price:
    Premium
  • Current 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:

$699,500

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2546 ft²

Average Home Age

72.5 years

Currently For Sale

1487 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

Unit for rent at 23 Florence, Andover, 01810

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
23 Florence, Andover, 01810 Listing by Julie Ratte

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30542527

Frequently Asked Questions

When was property at 81 Berkeley Road built and last sold?
The property at 81 Berkeley Road was built in 1983 and last sold on Jan 1, 1970 for $485,000.
How much is this home worth?
The estimated value of the home located at 81 Berkeley Road is $0.
What are some comparable homes to 81 Berkeley Road?
There are currently no comparable homes to 81 Berkeley Road.
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