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Essex 01810
1 Langley Ln
$1,000,000
● House - Off Market

1 Langley Ln

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,704 Ft²
$960,911
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Welcome to this stunning 4 bedroom/2.5 bath Colonial with attached 2-car garage, in desirable West Andover! This home features an eat-in kitchen with Granite/Corian countertops, stainless steel appliances, an island, a formal dining room, family room with a fireplace, and large living room. First floor has a half bath, laundry and a climate controlled sunroom. The second floor has 3 generously sized bedrooms and an updated full bath. The primary en-suite features a 3/4 bath, and an oversized closet. This well maintained home is in a great commuter location and has many recent updates, which include the refrigerator, washer/dryer and, pool pump in 2020, bedroom recessed lighting in 2021. Enjoy summers in the beautifully landscaped yard by the Gunite pool. Quick close preferred. Showings limited to open houses.
Unit Size
2,704 Ft²
Days on Market
-
Land Size
0.76 acres
Price per sqft
$351
Property Type
House
Property Taxes
$946
HOA Dues
-
Year Built
1980

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72972580)

Price History

Date / Event Date Event Price
Jun 1, 2022 Sold
Premium
Sold
Apr 27, 2022 Listed by Redfin Corp. $949,900
Listed by Redfin Corp.
Mar 31, 2020 Sold
Premium
Sold
Feb 20, 2020 Listed by Redfin Corp. $739,000
Listed by Redfin Corp.
May 2, 2008 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,232
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,262
  • Total Building Area: 2,704
  • Gross Building Area: 4,616
  • Building Area: 2,704
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,704
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 36053D
  • Land Acres: 0000000764
  • 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:00230 B:00001 L:0000R
  • Block: 1
  • Lot: R
  • Municipality: ANDOVER
  • Latitude: 42.6512
  • Longitude: -71.2363

    Address

  • Full Address: 1 Langley Ln
  • Address - House Number: 1
  • Address - Street Name: Langley
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Andover
  • Carrier Code: R002
  • 4-Digit Zip Code: 4259
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,182,700

    Appraisal Valuation

  • Standard Deviation: 0.1714
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,112,436
  • High Value: 1,303,200
  • Low Value: 921,672

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $865,800
  • Assessed Land Value: $422,100
  • Assessed Improvements Value: $443,700

    Sales

  • Current Sale Contract Date: May 31, 2022
  • Current Sale Recording Date: Jun 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 127224
  • Previous Sale Recording Date: Mar 31, 2020
  • Previous Sale Contract Date: Mar 30, 2020
  • Previous Sale Amount: $770,000
  • 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 Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72972580

Frequently Asked Questions

When was property at 1 Langley Lane built and last sold?
The property at 1 Langley Lane was built in 1980 and last sold on May 31, 2022 for $1,000,000.
How much is this home worth?
The estimated value of the home located at 1 Langley Lane is $951,824.
What are some comparable homes to 1 Langley Lane?
There are currently no comparable homes to 1 Langley Lane.
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