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Essex 01810
11 Hearthstone Place
$546,000
● House - Off Market

11 Hearthstone Place

Andover, MA 01810
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,700 Ft²
$2,201,940
RealtyHop Estimate
304.03%
Since Jan 1, 1998
MA-Boston
Primary Model

About This Property

STUNNING COL IN EXEC CUL-DE-SAC. OPEN FOYER, MASSIVE WINDS, FORMAL LR&DR,1ST FLR STUDY, FR DOOR & HW FR W/FP & SCREENED PORCH. GOURMET KIT,ELEGANT 3RM MSTR STE & FIN LL. CENT AIR & SPRINKLERS.2 CAR GAR W/ADD'L 2 CAR TANDEM. DREAM HOUSE.
Unit Size
3,700 Ft²
Days on Market
-
Land Size
0.67 acres
Price per sqft
$147
Property Type
House
Property Taxes
$551
HOA Dues
-
Year Built
1988

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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 #30188929)

Price History

Date / Event Date Event Price
Aug 12, 2021 Sold
Premium
Sold
Jun 24, 2021 Listed $1,250,000
Listed
Dec 19, 1997 Sold
Premium
Sold
Oct 7, 1997 Listed $545,000
Listed
Aug 2, 1989 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 10
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,008
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,399
  • Total Building Area: 4,116
  • Gross Building Area: 7,890
  • Building Area: 4,116
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,116
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HEARTHSTONE VILLAGE
  • Land Acres: 0000000675
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254402

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00201 B:00016 L:00000
  • Block: 16
  • Municipality: ANDOVER
  • Latitude: 42.6311
  • Longitude: -71.1886

    Address

  • Full Address: 11 Hearthstone Pl
  • Address - House Number: 11
  • Address - Street Name: Hearthstone
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Andover
  • Carrier Code: R004
  • 4-Digit Zip Code: 5422
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,657,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1551
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,564,485
  • High Value: 1,807,164
  • Low Value: 1,321,806

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,213,400
  • Assessed Land Value: $543,300
  • Assessed Improvements Value: $670,100

    Sales

  • Current Sale Contract Date: Aug 12, 2021
  • Current Sale Recording Date: Aug 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27079
  • Previous Sale Recording Date: Dec 19, 1997
  • Previous Sale Amount: $546,000
  • 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30188929

Frequently Asked Questions

When was property at 11 Hearthstone Place built and last sold?
The property at 11 Hearthstone Place was built in 1988 and last sold on Aug 12, 2021 for $1,350,000.
How much is this home worth?
The estimated value of the home located at 11 Hearthstone Place is $1,255,989.
What are some comparable homes to 11 Hearthstone Place?
There are currently no comparable homes to 11 Hearthstone Place.
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