$175,000
●
Condo -
Off Market
12 Crescent Drive #4
Andover, MA 01810
3 Beds
1 Bath
1,005 Ft²
$1,305
Est. Monthly
$277
HOA / Fees
19.53%
Cap Rate
About This Property
Unique 2-bedroom unit transformed in to 3-bedroom (or office/den)
at Andover Gardens. Nicely updated kitchen with abundance of
cabinets, SS counters and marble floor. Brand new carpeting in all
bedrooms and freshly painted throughout. LR, DR and hallway have
beautiful birch hardwood floors. Ceiling fans in every room except
the kitchen. Heat is included in the condo fee! Inground pool for
summer enjoyment. Move-in condition, so don't wait - take advantage
of the $8K tax credit before it expires.
Unit Size
1,005 Ft²
Days on Market
-
Land Size
-
Price per sqft
$174
Property Type
Condo
Property Taxes
$168
HOA Dues
$277
Year Built
-
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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: 2 years ago (MLSPIN #71041390)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2010 | Listed by Coldwell Banker Residential Brokerage - Andover | $175,000 | |
| Listed by Coldwell Banker Residential Brokerage - Andover | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Off Street, Assigned, Deeded, Guest, Paved
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Range Hood
Flooring Type: Tile, Carpet, Marble, Hardwood
Door Features: French Doors
Rooms: 5
Basement: N
Exterior Details
Has Property Attached
Square Footage: 1005
Security Features: Intercom
Year Built Source: Public Records
Year Built: 1966
Building Name: Andover Gardens
Building Area Total: 1005
Building Area Units: Square Feet
Window Features: Storm Window(s)
Construction Materials: Brick
Patio and Porch Features: Porch
Pool Features: Association, In Ground
Pool is Private
Lot Size Units: Acres
Tax Lot: C1204
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 00001
Tax Assessed Value: $153,100
Tax Annual Amount: $2,019
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Gas, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Heat, Road Maintenance
HOA/Condo/Coop Amenities: Hot Water, Pool, Storage
HOA Fee: $277
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/02/2023
|
3 Bed
|
2 Bath
|
-
|
$499,999
3 Bed
2 Bath
|
-
-
|
Dave White
OwnerEntry.com
| |
|
11/15/2019
|
2 Bed
|
1 Bath
|
1011 ft²
|
$269,900
2 Bed
1 Bath
1011 ft²
|
$268,000
-0.70%
12/31/2019
|
The Carroll Group
RE/MAX Partners
| |
|
02/25/2016
|
3 Bed
|
2 Bath
|
2041 ft²
|
$265,000
3 Bed
2 Bath
2041 ft²
|
$255,000
-3.77%
12/23/2016
|
Susan Sells Team
Keller Williams Realty
| |
|
05/04/2011
|
3 Bed
|
2 Bath
|
2041 ft²
|
$279,000
3 Bed
2 Bath
2041 ft²
|
$273,500
-1.97%
11/30/2011
|
Raym deRis
Coldwell Banker Realty - Winchester
| |
|
02/28/2010
|
3 Bed
|
1 Bath
|
1005 ft²
|
$175,000
3 Bed
1 Bath
1005 ft²
|
-
-
|
June Sparks
Advisors Living - Andover
| |
|
01/27/2010
|
3 Bed
|
2 Bath
|
2041 ft²
|
$285,000
3 Bed
2 Bath
2041 ft²
|
-
-
|
Michael Sibulesky
William Raveis R.E. & Home Services
| |
|
06/17/2005
|
3 Bed
|
2 Bath
|
2041 ft²
|
$299,900
3 Bed
2 Bath
2041 ft²
|
$285,000
-4.97%
07/29/2005
|
Barbara Maren
Coldwell Banker Residential Brokerage - Andover
| |
|
07/17/2003
|
2 Bed
|
1 Bath
|
1011 ft²
|
$178,900
2 Bed
1 Bath
1011 ft²
|
$172,500
-3.58%
08/28/2003
|
Arlene Santangelo
Keller Williams Realty
| |
|
10/01/2002
|
2 Bed
|
1 Bath
|
1008 ft²
|
$179,900
2 Bed
1 Bath
1008 ft²
|
$175,000
-2.72%
02/28/2003
|
Norma King
Prudential Howe & Doherty
|
Building Info
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