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Essex
9 Kara Drive
$345,000
● House - Off Market

9 Kara Drive

North Andover, MA 01845
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,850 Ft²
$1,507,642
RealtyHop Estimate
337.12%
Since Jul 1, 1996
MA-Boston
Primary Model

About This Property

NEAR NEW CUSTOM COL. ON FMLY FILLED CIRCLE. WLK TO SARGENAT SCHOOL! 2X6 QUALITY CONSTRUCTIO. 22X22 FP CATH CEIL FMLY RM W/HUGE PALADIAN WNDW - 25' CAB PCKD KIT - NEUTRAL DECOR. WLK UP ATTIC. LARGE LEVEL REAR YARD. MAGNIFICENT VIEWS.
Unit Size
2,850 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$121
Property Type
House
Property Taxes
$341
HOA Dues
-
Year Built
1991

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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 #30103209)

Price History

Date / Event Date Event Price
Dec 12, 2001 Sold
Premium
Sold
Sep 27, 2001 Listed $569,900
Listed
Jul 1, 1996 Sold
Premium
Sold
May 2, 1996 Listed $344,900
Listed

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 16
  • 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: 2
  • Basement Area: 1,548
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,223
  • Total Building Area: 3,022
  • Gross Building Area: 5,714
  • Building Area: 3,022
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,022
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000602
  • 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: 253203

Zoning

  • Zoning: R3

Geography

  • Account Number: M_232110_9
  • Parcel: NAND M:00098 B:A0093 L:00000
  • Block: A0093
  • Municipality: NORTH ANDOVER
  • Latitude: 42.6711
  • Longitude: -71.108

    Address

  • Full Address: 9 Kara Dr
  • Address - House Number: 9
  • Address - Street Name: Kara
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: North Andover
  • Carrier Code: C026
  • 4-Digit Zip Code: 4824
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $954,300

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 978,980
  • High Value: 1,144,975
  • Low Value: 812,984

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $860,500
  • Assessed Land Value: $353,000
  • Assessed Improvements Value: $507,500

    Sales

  • Current Sale Recording Date: Dec 12, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 01, 1996
  • Previous Sale Amount: $345,000
  • 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2549 ft²

Average Home Age

72.6 years

Currently For Sale

1470 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: 4 years ago
Data Source: MLS PIN, MLS# 30103209

Frequently Asked Questions

When was property at 9 Kara Drive built and last sold?
The property at 9 Kara Drive was built in 1991 and last sold on Jan 1, 1970 for $527,250.
How much is this home worth?
The estimated value of the home located at 9 Kara Drive is $0.
What are some comparable homes to 9 Kara Drive?
There are currently no comparable homes to 9 Kara Drive.
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