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Essex 01810
12 Charlotte Dr
$646,000
● House - Off Market

12 Charlotte Dr

Andover, MA 01810
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,146 Ft²
$902,984
RealtyHop Estimate
38.94%
Since Apr 1, 2020
MA-Boston
Primary Model

About This Property

Turnkey Cozy Ranch on a Quiet Cul-De-Sac Moments from South School District! Single Level Living with Vaulted Ceilings Throughout, 3 Bedrooms and 2 Baths! Gorgeous Spacious Kitchen with Hardwood Flooring, Granite Counter-Tops, Breakfast Bar, and Skylights! This Home Features a Welcoming Living Room with a Wood Burning Fireplace and Formal Dining Room! Unwind in the Grand Family Room by the Propane Fireplace or Nestle in the Window Seats Overlooking the Spacious Backyard! The First Level has Ample Amounts of Natural Light Throughout! The Partially Finished Basement is Perfect for Additional Living Space and Storage! This Home Sits on 1.8 Acres! The Grand Backyard has a Large Private Deck and Patio. Wonderful Opportunity to Own This Move In Ready Home in a Desirable Location! Don't Miss Out On This Amazing Home!
Unit Size
2,146 Ft²
Days on Market
-
Land Size
1.79 acres
Price per sqft
$303
Property Type
House
Property Taxes
$670
HOA Dues
-
Year Built
1962

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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 months ago (MLSPIN #72578052)

Price History

Date / Event Date Event Price
Mar 3, 2020 Sold
Premium
Sold
Oct 10, 2019 Listed by Lillian Montalto Signature Properties $649,900
Listed by Lillian Montalto Signature Properties
Aug 23, 2018 No longer available -
No longer available
Aug 3, 2018 Sold
Premium
Sold
Jun 6, 2018 Listed by Lillian Montalto Signature Properties $659,900
Listed by Lillian Montalto Signature Properties

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • 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: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,080
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 78,103
  • Total Building Area: 2,146
  • Gross Building Area: 3,832
  • Building Area: 2,146
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,146
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANDOVER
  • Land Acres: 0000001793
  • 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:00140 B:00002 L:0000F
  • Block: 2
  • Lot: F
  • Municipality: ANDOVER
  • Latitude: 42.621
  • Longitude: -71.1515

    Address

  • Full Address: 12 Charlotte Dr
  • Address - House Number: 12
  • Address - Street Name: Charlotte
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Andover
  • Carrier Code: R005
  • 4-Digit Zip Code: 6002
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $950,300

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 817,457
  • High Value: 956,445
  • Low Value: 678,468

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $695,700
  • Assessed Land Value: $469,500
  • Assessed Improvements Value: $226,200

    Sales

  • Current Sale Contract Date: Feb 20, 2020
  • Current Sale Recording Date: Mar 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5366
  • Previous Sale Recording Date: Aug 03, 2018
  • Previous Sale Amount: $660,000
  • Previous Sale Document Type: O
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

2506 ft²

Average Home Age

73.2 years

Currently For Sale

1507 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: 5 months ago
Data Source: MLS PIN, MLS# 72578052

Frequently Asked Questions

When was property at 12 Charlotte Drive built and last sold?
The property at 12 Charlotte Drive was built in 1962 and last sold on Feb 20, 2020 for $646,000.
How much is this home worth?
The estimated value of the home located at 12 Charlotte Drive is $668,840.
What are some comparable homes to 12 Charlotte Drive?
There are currently no comparable homes to 12 Charlotte Drive.
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