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Essex 01810
87 North St
$400,000
● House - Off Market

87 North St

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,948 Ft²
$975,962
RealtyHop Estimate
124.36%
Since Apr 1, 2012
National-US
Primary Model

About This Property

Young 4 bedroom, 2.5 baths colonial, central a/c, hardwood thru-out, gas fireplace, open & airy interior, bonus walk up attic is for additional  storage. Short sale lender approval required. Sold in AS IS condition.
Unit Size
1,948 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$223
Property Type
House
Property Taxes
$535
HOA Dues
-
Year Built
1997

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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: 5 months ago (MLSPIN #71319380)

Price History

Date / Event Date Event Price
Jan 31, 2013 Sold
Premium
Sold
Mar 1, 2012 Sold
Premium
Sold
Dec 13, 2011 Listed by Daher Companies $435,000
Listed by Daher Companies

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • 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: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 958
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,383
  • Total Building Area: 1,948
  • Gross Building Area: 4,038
  • Building Area: 1,948
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,948
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANDOVER
  • Land Acres: 0000001019
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254402

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00128 B:00018 L:0000A
  • Block: 18
  • Lot: A
  • Municipality: ANDOVER
  • Latitude: 42.6838
  • Longitude: -71.1915

    Address

  • Full Address: 87 North St
  • Address - House Number: 87
  • Address - Street Name: North
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C013
  • 4-Digit Zip Code: 1112
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,017,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 78
  • Final Value: 822,096
  • High Value: 960,857
  • Low Value: 683,334

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $744,700
  • Assessed Land Value: $300,900
  • Assessed Improvements Value: $443,800

    Sales

  • Current Sale Recording Date: Jan 31, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Previous Sale Recording Date: Mar 01, 2012
  • Previous Sale Amount: $400,000
  • 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

2506 ft²

Average Home Age

73.2 years

Currently For Sale

1507 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: 5 months ago
Data Source: MLS PIN, MLS# 71319380

Frequently Asked Questions

When was property at 87 North Street built and last sold?
The property at 87 North Street was built in 1997 and last sold on Jan 1, 1970 for $400,000.
How much is this home worth?
The estimated value of the home located at 87 North Street is $452,334.
What are some comparable homes to 87 North Street?
There are currently no comparable homes to 87 North Street.
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