$235,000
●
Condo -
Off Market
111 Main #3
Andover, MA
1 Bed
1 Bath
585 Ft²
$289,044
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
OPEN HOUSE CANCELLED! Adorable 1 bed 1 bath condo for sale in a
dream location!! Located in the heart of downtown Andover, this
dynamite location can't be beat. Surrounding by shops, salons,
restaurants, parks, and Phillips Academy, you'll be fully immersed
in all of the quintessential charms of Andover! This unit is
perfect for a first time home buyer, down-sizer, Phillips student,
or someone looking to own an investment property. The interior was
completely re-painted in 2019, and a new oven, new hot water
heater, and new furnace were all installed in December
2018..there's literally nothing to do but move in, and enjoy!
Deeded parking in back, low monthly condo fee and carpets were just
professional cleaned prior to listing. Don't miss this low
maintenance living opportunity!
Unit Size
585 Ft²
Days on Market
-
Land Size
-
Price per sqft
$376
Property Type
Condo
Property Taxes
$232
HOA Dues
$109
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 #72745618)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 15, 2020 | Sold | ||
| Sold | |||
| Oct 20, 2020 | Listed by Keller Williams Realty Boston-Metro | Back Bay | $220,000 | |
| Listed by Keller Williams Realty Boston-Metro | Back Bay | |||
Property Highlights
Air Conditioning
Parking Available
Fireplace
Interior Details
Area: 56
Length: 8
Width: 7
Width: 7
Length: 8
Features: Flooring - Stone/Ceramic Tile, Gas Stove, Lighting - Overhead
Area: 56
Length: 16
Area: 240
Features: Closet, Flooring - Wall to Wall Carpet, Cable Hookup
Width: 15
Features: Bathroom - Full, Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead
Length: 16
Width: 15
Area: 240
Features: No
Full Bathrooms: 1
Appliances: Range, Refrigerator, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven
Flooring Type: Tile, Carpet
Laundry Features: In Basement, Common Area, In Building
Rooms: 3
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Parking Features: Off Street, Deeded
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Locke Tavern
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: SRA
Parcel Number: 4447139
Water Source: Public
Financial Details
Tax Assessed Value: $185,400
Tax Annual Amount: $2,783
Utilities Details
Utilities: for Gas Range, for Gas Oven
Cooling Type: Window Unit(s)
Heating Type: Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Laundry
Association Fee Frequency: Monthly
HOA Fee: $109
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017