$415,000
●
Condo -
Off Market
1 Michael Way #1
Andover, MA 01810
2 Beds
3 Baths,
1
Half Bath
2,000 Ft²
$792,215
RealtyHop Estimate
88.67%
Since Jul 1, 2004
MA-Boston
Primary Model
About This Property
FANTASTIC TOWNHOUSE AT ABBOTS POND, FEATURING 2X6 CONSTRUCT. SOLID
CHRISTIAN DOORS, CATHEDERAL CEILINGS, FIREPLACE, GLASS ENCLOSED
SHOWER, WHIRLPOOL TUB, NEW KITCHEN WITH ITAL. TILE GRANITE
COUNTERTOPS. CONVENIENT LOCATION
Unit Size
2,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$210
Property Type
Condo
Property Taxes
$357
HOA Dues
$318
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: 5 years ago (MLSPIN #30782624)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 19, 2017 | Sold | ||
| Sold | |||
| Apr 26, 2017 | Listed by Lillian Montalto Signature Properties | $449,900 | |
| Listed by Lillian Montalto Signature Properties | |||
| | |||
|
Welcome home to this BRIGHT and SUNNY end-unit Townhouse in Abbot's Pond community. Close to shops and restaurants downtown and a short distance to RT 93 and Ballardvale train station. A commuters dream to be close to everything. Come see this beautifully situated END-Unit with a additional office space over the garage. Upstairs you will find 2 spacious bedrooms with vaulted ceilings with each having its own full bath. Hardwood floors or tile almost everywhere throughout this townhouse. Don't miss this opportunity before its too late.
| |||
| Jun 21, 2004 | Sold | ||
| Sold | |||
| Oct 21, 2003 | Listed by Dooley and Mason Realty Group | $419,900 | |
| Listed by Dooley and Mason Realty Group | |||
Property Highlights
Air Conditioning
Garage
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
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
Length: 16
Level: Second
Area: 192
Features: Flooring - Wall to Wall Carpet
Width: 12
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Office, Central Vacuum
Appliances: Range, Dishwasher, Microwave, Refrigerator, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Dryer
Flooring Type: Tile, Vinyl, Carpet, Flooring - Wall to Wall Carpet
Rooms: 7
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Deeded
Garage Spaces: 1
Exterior Details
Entry Level: 2
Year Built Source: Owner
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Abbot's Pond Condominium
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: None
Lot Size Units: Acres
Zoning: CONDO
Parcel Number: 1841588
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $373,300
Tax Annual Amount: $4,282
Utilities Details
Utilities: for Gas Range, for Gas Dryer
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Clubroom
HOA Fee: $318
Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility
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