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Andover 01810
1 Cheever Circle
$680,000
● House - Off Market

1 Cheever Circle

Andover, MA 01810
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,273 Ft²
$1,063,257
RealtyHop Estimate
56.38%
Since Dec 1, 2017
MA-Boston
Primary Model

About This Property

STATELY COLONIAL in DESIRABLE  "JOHNSON ACRES" LOCATION!  This Classic 4 Bedroom Center Entrance Home has Great Curb Appeal. ~ The Open Entry Foyer leads to a 25 Ft. Front to Back Fireplaced Livingroom and a First Floor Den - Features include Hardwood Floors and Recessed Lighting. ~ Sunny Formal Dining Room with a Built-In Corner Hutch, Perfect for Family Holiday Gatherings! ~ White Wood Cabinet Kitchen with Stainless Steel Appliances, Silestone Counters, Bay Window and Hardwood Floor. - A King-Sized Bed Gets Lost in the 25 Foot Master Bedroom! - 200 Amp Electrical Service  - Steel Beam Construction. - Central A/C, and a  2 Car Garage ~All within a SHORT WALK TO ANDOVER'S BEAUTIFUL DOWNTOWN!
Unit Size
2,273 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$299
Property Type
House
Property Taxes
$740
HOA Dues
-
Year Built
1947

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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 #72225402)

Price History

Date / Event Date Event Price
Nov 7, 2017 Sold
Premium
Sold
Sep 8, 2017 Listed by Century 21 Commonwealth $679,900
Listed by Century 21 Commonwealth
Oct 19, 2009 Sold
Premium
Sold
Aug 14, 2009 Listed by Century 21 Commonwealth $569,900
Listed by Century 21 Commonwealth

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 7
  • Basement Area: 1,347
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,049
  • Total Building Area: 2,459
  • Gross Building Area: 5,100
  • Building Area: 2,459
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 2,459
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOHNSON ACRES
  • Land Acres: 0000000277
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254100

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00020 B:00128 L:00000
  • Block: 128
  • Municipality: ANDOVER
  • Latitude: 42.6639
  • Longitude: -71.1339

    Address

  • Full Address: 1 Cheever Cir
  • Address - House Number: 1
  • Address - Street Name: Cheever
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Andover
  • Carrier Code: C004
  • 4-Digit Zip Code: 1704
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,166,300

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 959,024
  • High Value: 1,122,656
  • Low Value: 795,392

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $853,800
  • Assessed Land Value: $476,700
  • Assessed Improvements Value: $377,100

    Sales

  • Current Sale Recording Date: Jul 25, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 17628
  • Previous Sale Recording Date: Nov 07, 2017
  • Previous Sale Amount: $680,000
  • 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 Andover

Stats & Trends

Median Asking:

$872,500

Sale Price/ft²

$417

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2796 ft²

Average Home Age

93.3 years

Currently For Sale

22 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 months ago
Data Source: MLS PIN, MLS# 72225402

Frequently Asked Questions

When was property at 1 Cheever Circle built and last sold?
The property at 1 Cheever Circle was built in 1947 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1 Cheever Circle is $699,266.
What are some comparable homes to 1 Cheever Circle?
There are currently no comparable homes to 1 Cheever Circle.
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