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Essex 01810
1 Shadow Lane
$1,155,000
● House - Off Market

1 Shadow Lane

Andover, MA 01810
bedrooms
5 Beds
bathrooms
4 Baths, 3 Half Baths
square feet
6,070 Ft²
$2,081,938
RealtyHop Estimate
73.49%
Since Aug 1, 2015
MA-Boston
Primary Model

About This Property

This property has so many features it's impossible to adequately describe them here - schedule a showing today to experience all this property has to offer.  A luxurious property designed for resort-style relaxation and entertainment both inside and out – all set in a quiet Andover Country Club neighborhood that's convenient to schools and great for raising a family.  5+ bedrooms, au-pair/in-law suite in Finished Lower Level, Renovated Kitchen and Great Room, and detached Carriage/Pool House with over 400 square feet of additional living space and 1.5 baths; plus professional landscaping throughout including: professional outdoor cooking/dining area, heated pool, spa and 2 pond/waterfall features - this home keeps on giving! Check out TWO videos on-line before you come - lots to see once you get here.
Unit Size
6,070 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$198
Property Type
House
Property Taxes
$1,421
HOA Dues
-
Year Built
1985

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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 months ago (MLSPIN #71804819)

Price History

Date / Event Date Event Price
Jul 31, 2015 Sold
Premium
Sold
Mar 23, 2015 Listed by RE/MAX Leading Edge $1,200,000
Listed by RE/MAX Leading Edge

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 2
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,048
  • Total Building Area: 6,787
  • Building Area: 6,787
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 6,787
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANDOVER COUNTRY CLUB
  • Land Acres: 0000000690
  • Standard Land Use Code: 1001
  • County Land Use Code: 109

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254100

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00070 B:00091 L:00000
  • Block: 91
  • Municipality: ANDOVER
  • Latitude: 42.6663
  • Longitude: -71.1618

    Address

  • Full Address: 1 Shadow Ln
  • Address - House Number: 1
  • Address - Street Name: Shadow
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Andover
  • Carrier Code: C007
  • 4-Digit Zip Code: 2852
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,177,100
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1551
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,793,959
  • High Value: 2,072,233
  • Low Value: 1,515,684

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,593,800
  • Assessed Land Value: $546,000
  • Assessed Improvements Value: $1,047,800

    Sales

  • Current Sale Recording Date: Jul 31, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19283
  • Previous Sale Recording Date: Dec 13, 2012
  • 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

2532 ft²

Average Home Age

73 years

Currently For Sale

1479 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 months ago
Data Source: MLS PIN, MLS# 71804819

Frequently Asked Questions

When was property at 1 Shadow Lane built and last sold?
The property at 1 Shadow Lane was built in 1985 and last sold on Jan 1, 1970 for $1,155,000.
How much is this home worth?
The estimated value of the home located at 1 Shadow Lane is $1,208,831.
What are some comparable homes to 1 Shadow Lane?
There are currently no comparable homes to 1 Shadow Lane.
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