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Essex 01810
1 Joseph Street
$433,000
● House - Off Market

1 Joseph Street

Andover, MA 01810
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,300 Ft²
$996,963
RealtyHop Estimate
126.63%
Since Sep 1, 2003
National-US
Primary Model

About This Property

LIGHT & BRIGHT FAMILY HOME IN SPOTLESS CONDITION IN NEW SCH DIST FEATURING 4 BDRMS, UPDATED KIT, SUN RM W/ CATH CEILINGS & LL FAM RM W/ FRPL. 3 FULL BATHS, 2 CAR ATTCH GARAGE AND A PRIVATE LEVEL LOT WITH PRIVACY. SUPER OPPORTUNITY!!
Unit Size
2,300 Ft²
Days on Market
-
Land Size
0.86 acres
Price per sqft
$191
Property Type
House
Property Taxes
$326
HOA Dues
-
Year Built
1972

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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 #30711107)

Price History

Date / Event Date Event Price
Aug 15, 2003 Sold
Premium
Sold
Apr 18, 2003 Listed by Hillside Real Estate $439,900
Listed by Hillside Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,296
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 37,540
  • Total Building Area: 2,814
  • Gross Building Area: 3,514
  • Building Area: 2,814
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 2,814
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANDOVER
  • Land Acres: 0000000862
  • 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:00129 B:00036 L:00000
  • Block: 36
  • Municipality: ANDOVER
  • Latitude: 42.6785
  • Longitude: -71.1892

    Address

  • Full Address: 1 Joseph St
  • Address - House Number: 1
  • Address - Street Name: Joseph
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C013
  • 4-Digit Zip Code: 1101
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $813,300

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 858,244
  • High Value: 1,004,681
  • Low Value: 711,807

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $595,400
  • Assessed Land Value: $345,300
  • Assessed Improvements Value: $250,100

    Sales

  • Current Sale Recording Date: Aug 15, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 50601
  • Previous Sale Recording Date: Aug 15, 2003
  • Previous Sale Amount: $433,000
  • 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

2534 ft²

Average Home Age

73 years

Currently For Sale

1483 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# 30711107

Frequently Asked Questions

When was property at 1 Joseph Street built and last sold?
The property at 1 Joseph Street was built in 1972 and last sold on Jan 1, 1970 for $540,000.
How much is this home worth?
The estimated value of the home located at 1 Joseph Street is $0.
What are some comparable homes to 1 Joseph Street?
There are currently no comparable homes to 1 Joseph Street.
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