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Essex 01810
10 Sparta Way
Photo of 10 Sparta Way
Sold on Nov 2, 2004

1

Map

$575,000
● House - Off Market

10 Sparta Way

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,342 Ft²
$1,079,966
RealtyHop Estimate
84.61%
Since Dec 1, 2004
MA-Boston
Primary Model

About This Property

Mint condition 4 bedroom Colonial on cul-de-sac. First floor family room with cathedral ceiling and fireplace. Spacious kitchen with breakfast nook and bay window. 1st floor laundry. Great commuter location only minutes to Route 93 and commuter rail. Located in desireable South School area.
Unit Size
3,342 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$175
Property Type
House
Property Taxes
$436
HOA Dues
-
Year Built
1986

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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 #70049248)

Price History

Date / Event Date Event Price
Nov 2, 2004 Sold
Premium
Sold
Jun 14, 2004 Listed $585,000
Listed
Dec 28, 2001 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,728
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 35,972
  • Total Building Area: 3,349
  • Gross Building Area: 4,836
  • Building Area: 3,349
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,349
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANDOVER
  • Land Acres: 0000000826
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254301

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00141 B:00037 L:00000
  • Block: 37
  • Municipality: ANDOVER
  • Latitude: 42.6151
  • Longitude: -71.1532

    Address

  • Full Address: 10 Sparta Way
  • Address - House Number: 10
  • Address - Street Name: Sparta
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Andover
  • Carrier Code: C018
  • 4-Digit Zip Code: 6064
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $992,800

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 919,097
  • High Value: 1,075,917
  • Low Value: 762,278

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $726,800
  • Assessed Land Value: $384,800
  • Assessed Improvements Value: $342,000

    Sales

  • Current Sale Recording Date: Nov 02, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 51023
  • Previous Sale Recording Date: Dec 28, 2001
  • Previous Sale Amount: $460,000
  • Previous Sale Document Type: 27

    Open Lien Mortgages

  • Third Open Lien Mortgage Interest Rate Type: Y
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70049248

Frequently Asked Questions

When was property at 10 Sparta Way built and last sold?
The property at 10 Sparta Way was built in 1986 and last sold on Jan 1, 1970 for $575,000.
How much is this home worth?
The estimated value of the home located at 10 Sparta Way is $625,366.
What are some comparable homes to 10 Sparta Way?
There are currently no comparable homes to 10 Sparta Way.
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