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Essex
96 2nd St
$550,000
● House - Off Market

96 2nd St

North Andover, MA 01845
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,220 Ft²
$473,604
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Welcome to this charming Cape style home in a desirable North Andover location! Boasting 3 bedrooms and 1 bathroom, this property offers a comfortable living space with an open floor plan and hardwood floors. The spacious back yard provides ample room for outdoor activities and relaxation. Enjoy the convenience of a recently paved driveway (2020) and a new deck (2022), perfect for entertaining guests or enjoying peaceful moments. Located in a convenient area, this home combines the tranquility of a residential neighborhood with easy access to nearby amenities. Don't miss the opportunity to make this lovely property your own!
Unit Size
1,220 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$389
Property Type
House
Property Taxes
$389
HOA Dues
-
Year Built
1920

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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: 5 months ago (MLSPIN #73117949)

Price History

Date / Event Date Event Price
Jul 31, 2023 Sold
Premium
Sold
Jun 7, 2023 In contract -
In contract
May 31, 2023 Listed by The Guselli Agency, Inc. $474,900
Listed by The Guselli Agency, Inc.
Aug 14, 2017 Sold
Premium
Sold
Jun 21, 2017 Listed by The Guselli Agency, Inc. $319,900
Listed by The Guselli Agency, Inc.
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Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 3
  • 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: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,573
  • Total Building Area: 1,220
  • Gross Building Area: 2,436
  • Building Area: 1,220
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,220
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000197
  • 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_230027_9
  • Parcel: NAND M:00019 B:00040 L:00000
  • Block: 40
  • Municipality: NORTH ANDOVER
  • Latitude: 42.7001
  • Longitude: -71.1335

    Address

  • Full Address: 96 2nd St
  • Address - House Number: 96
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Andover
  • Carrier Code: C027
  • 4-Digit Zip Code: 3617
  • Zip Code: 01845

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $471,800

    Appraisal Valuation

  • Standard Deviation: 0.1803
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 510,814
  • High Value: 602,932
  • Low Value: 418,696

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $425,400
  • Assessed Land Value: $278,500
  • Assessed Improvements Value: $146,900

    Sales

  • Current Sale Contract Date: Jul 31, 2023
  • Current Sale Recording Date: Jul 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12185
  • Previous Sale Recording Date: Aug 14, 2017
  • Previous Sale Amount: $319,900
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2532 ft²

Average Home Age

72 years

Currently For Sale

1468 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: 5 months ago
Data Source: MLS PIN, MLS# 73117949

Frequently Asked Questions

When was property at 96 2nd Street built and last sold?
The property at 96 2nd Street was built in 1920 and last sold on Jul 31, 2023 for $550,000.
How much is this home worth?
The estimated value of the home located at 96 2nd Street is $474,183.
What are some comparable homes to 96 2nd Street?
There are currently no comparable homes to 96 2nd Street.
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