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Essex 01810
1 George Street
Photo of 1 George Street
Sold on Dec 1, 2006

1

Map

$435,000
● House - Off Market

1 George Street

Andover, MA 01810
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,488 Ft²
$764,943
RealtyHop Estimate
70.03%
Since Jan 1, 2007
National-US
Primary Model

About This Property

Shawsheen Heights at its best! Beautifully updated classic colonial on level lot with fenced back yard, new oversized garage with attic storage, new windows, updated white cabinet kitchen flows to cozy family room and deck, new lower level playroom, absolutely move-in condition. A pleasure to own.
Unit Size
1,488 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$302
Property Type
House
Property Taxes
$378
HOA Dues
-
Year Built
1937

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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 #70383954)

Price History

Date / Event Date Event Price
Nov 30, 2020 Sold
Premium
Sold
Oct 15, 2020 Listed $550,000
Listed
Dec 1, 2006 Sold
Premium
Sold
May 8, 2006 Listed $449,900
Listed
Oct 2, 2000 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 840
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,450
  • Total Building Area: 2,118
  • Gross Building Area: 2,488
  • Building Area: 2,118
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,118
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • 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:00051 B:00242 L:00000
  • Block: 242
  • Municipality: ANDOVER
  • Latitude: 42.6763
  • Longitude: -71.1601

    Address

  • Full Address: 1 George St
  • Address - House Number: 1
  • Address - Street Name: George
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C010
  • 4-Digit Zip Code: 2517
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $846,400

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 705,513
  • High Value: 816,952
  • Low Value: 594,074

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $619,600
  • Assessed Land Value: $353,400
  • Assessed Improvements Value: $266,200

    Sales

  • Current Sale Contract Date: Nov 17, 2020
  • Current Sale Recording Date: Nov 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 33920
  • Previous Sale Recording Date: Dec 01, 2006
  • Previous Sale Amount: $435,000
  • 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

2541 ft²

Average Home Age

72.9 years

Currently For Sale

1497 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

Unit for rent at 23 Florence, Andover, 01810

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
23 Florence, Andover, 01810 Listing by Julie Ratte

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70383954

Frequently Asked Questions

When was property at 1 George Street built and last sold?
The property at 1 George Street was built in 1937 and last sold on Nov 17, 2020 for $585,000.
How much is this home worth?
The estimated value of the home located at 1 George Street is $576,785.
What are some comparable homes to 1 George Street?
There are currently no comparable homes to 1 George Street.
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