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Essex 01810
10 Binney Street
$280,000
● House - Off Market

10 Binney Street

Andover, MA 01810
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,452 Ft²
$715,578
RealtyHop Estimate
151.17%
Since Jul 1, 2002
National-US
Primary Model

About This Property

COMMUTERS DREAM; PRISTINE HIP-ROOF COLONIAL; DEAD END STREET FRESHLY PAINTED THROUGHOUT; NEW WINDOWS; BEAUTIFUL PINE FLOORS, FULL SIZE ONE CAR GARAGE; CHILDREN IN EVERY HOUSE ON STREET; COMFORTABLE FAMILY ROOM/ PERFECT KIDS PLAYROOM
Unit Size
1,452 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$196
Property Type
House
Property Taxes
$240
HOA Dues
-
Year Built
1923

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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: 5 months ago (MLSPIN #30598166)

Price History

Date / Event Date Event Price
Jun 28, 2002 Sold
Premium
Sold
Apr 17, 2002 Listed by Keller Williams Realty $284,900
Listed by Keller Williams Realty
Jan 28, 2000 Sold
Premium
Sold
Oct 25, 1999 Listed by Keller Williams Realty $224,876
Listed by Keller Williams Realty
Aug 28, 1997 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 540
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,751
  • Total Building Area: 1,320
  • Gross Building Area: 1,914
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000201
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00034 B:00034 L:00000
  • Block: 34
  • Municipality: ANDOVER
  • Latitude: 42.6805
  • Longitude: -71.1508

    Address

  • Full Address: 10 Binney St
  • Address - House Number: 10
  • Address - Street Name: Binney
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C010
  • 4-Digit Zip Code: 1302
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $643,800

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 557,871
  • High Value: 655,850
  • Low Value: 459,891

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $471,300
  • Assessed Land Value: $248,900
  • Assessed Improvements Value: $222,400

    Sales

  • Current Sale Recording Date: Jun 28, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 28, 2000
  • Previous Sale Amount: $207,000
  • 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: 5 months ago
Data Source: MLS PIN, MLS# 30598166

Frequently Asked Questions

When was property at 10 Binney Street built and last sold?
The property at 10 Binney Street was built in 1923 and last sold on Jan 1, 1970 for $280,000.
How much is this home worth?
The estimated value of the home located at 10 Binney Street is $299,830.
What are some comparable homes to 10 Binney Street?
There are currently no comparable homes to 10 Binney Street.
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