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Essex
87 Buckingham Rd
$630,000
● House - Off Market

87 Buckingham Rd

North Andover, MA 01845
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,029 Ft²
$630,055
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Welcome to this lovingly and meticulously maintained, move-in ready Cape in the desirable Library district. Near downtown and restaurants at Machine Shop Village and minutes to highway. Also, minutes to Stevens Pond which is great fun in the summer. Open eat-in kitchen with granite countertops, tile floor and backsplash, custom cabinets, stainless steel appliances, pantry closet and tons of storage space.  Home also features a large/multi-purpose room/office with sliders to backyard patio area (separate electric heat). Completely fenced in, private, level yard with a large deck and patio area with pavers along with a separate perennial garden area.  Home features 2 paved driveways (repaved in 2021) that can fit 4 cars and a shed for storage.
Unit Size
2,029 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$310
Property Type
House
Property Taxes
$510
HOA Dues
-
Year Built
1941

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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 months ago (MLSPIN #73101685)

Price History

Date / Event Date Event Price
Jun 2, 2023 Sold
Premium
Sold
May 3, 2023 In contract -
In contract
May 1, 2023 Price Decreased $629,000
↓ $30K (4.6%)
Price Decreased
Apr 25, 2023 Price Increased $659,000
↑ $30K (4.8%)
Price Increased
Apr 21, 2023 Listed by Keller Williams Realty $629,000
Listed by Keller Williams Realty
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 4
  • 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: 988
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,878
  • Total Building Area: 2,029
  • Gross Building Area: 3,534
  • Building Area: 2,029
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,029
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000158
  • 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_230068_9
  • Parcel: NAND M:00015 B:00063 L:00000
  • Block: 63
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6959
  • Longitude: -71.1331

    Address

  • Full Address: 87 Buckingham Rd
  • Address - House Number: 87
  • Address - Street Name: Buckingham
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Andover
  • Carrier Code: C027
  • 4-Digit Zip Code: 3737
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $626,500

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 658,474
  • High Value: 770,854
  • Low Value: 546,095

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $564,900
  • Assessed Land Value: $275,100
  • Assessed Improvements Value: $289,800

    Sales

  • Current Sale Contract Date: Jun 02, 2023
  • Current Sale Recording Date: Jun 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 128732
  • Previous Sale Recording Date: Feb 21, 2017
  • Previous Sale Amount: $440,000
  • 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2532 ft²

Average Home Age

73 years

Currently For Sale

1479 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# 73101685

Frequently Asked Questions

When was property at 87 Buckingham Road built and last sold?
The property at 87 Buckingham Road was built in 1941 and last sold on Jun 2, 2023 for $630,000.
How much is this home worth?
The estimated value of the home located at 87 Buckingham Road is $637,900.
What are some comparable homes to 87 Buckingham Road?
There are currently no comparable homes to 87 Buckingham Road.
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