$390,000
●
Condo -
Off Market
1 Michael Way #0
Andover, MA 01810
3 Beds
3 Baths,
1
Half Bath
2,000 Ft²
$973,230
RealtyHop Estimate
149.61%
Since Aug 1, 2001
MA-Boston
Primary Model
About This Property
FANTASTIC TOWNHOUSE AT ABBOTS POND. FEATURING 2.6 CONSTRUCTION,
SOLID CHRISTIAN DOORS, CATH CEIL, FRPLC, GLASS ENCLOSED SHOWER,
WHIRLPOOL TUB. NEW KITCHEN W/ ITALIAN TILE & GRANITE COUNTERTOPS.
CONVENIENT LOCATION!
Unit Size
2,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$195
Property Type
Condo
Property Taxes
$275
HOA Dues
$265
Year Built
-
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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 #30509278)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 16, 2001 | Sold | ||
| Sold | |||
| May 29, 2001 | Listed | $389,900 | |
| Listed | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Fireplace
Interior Details
Level: First
Width: 11
Length: 13
Features: Flooring - Stone/Ceramic Tile
Area: 143
Level: Second
Features: Cathedral Ceiling(s), Flooring - Wall to Wall Carpet
Width: 12
Length: 15
Area: 180
Width: 11
Features: Flooring - Hardwood
Length: 15
Level: First
Area: 165
Features: Flooring - Wall to Wall Carpet
Width: 12
Length: 16
Area: 192
Level: Second
Length: 16
Level: First
Area: 208
Features: Flooring - Wall to Wall Carpet
Width: 13
Features: Cathedral Ceiling(s), Flooring - Wall to Wall Carpet
Level: Second
Length: 15
Width: 13
Area: 195
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Media Room, Central Vacuum
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Dryer, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Carpet
Rooms: 7
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Off Street
Garage Spaces: 1
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Abbots Pond
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: None
Lot Size Units: Acres
Zoning: RES
Parcel Number: 1841588
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $220,900
Tax Annual Amount: $3,296
Utilities Details
Utilities: for Gas Range, for Gas Dryer, for Electric Dryer
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
HOA Fee: $265
Community Features: Shopping, Walk/Jog Trails
Complex is Completed
Management: Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/26/2017
|
2 Bed
|
2 Bath
|
1980 ft²
|
$449,900
2 Bed
2 Bath
1980 ft²
|
$430,000
-4.42%
06/19/2017
|
Tyler Richards
Realty ONE Group NEST
| |
|
10/21/2003
|
2 Bed
|
3 Bath
|
2000 ft²
|
$419,900
2 Bed
3 Bath
2000 ft²
|
$415,000
-1.17%
06/21/2004
|
Donna Runcie
Dooley and Mason Realty Group
| |
|
05/29/2001
| |
3 Bed
|
3 Bath
|
2000 ft²
|
$389,900
3 Bed
3 Bath
2000 ft²
|
$390,000
+0.03%
07/16/2001
|
Johanna Webster
Coldwell Banker Realty - Andover
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017