$396,000
●
Multifamily -
Off Market
124 Chestnut Street #0
Andover, MA 01810
4 Beds
1 Bath,
1
Half Bath
1,575 Ft²
$725,865
RealtyHop Estimate
81.51%
Since Jul 1, 2014
MA-Boston
Primary Model
About This Property
Enjoy all the pleasures of living in Downtown Andover while loving
the freedom of "condex-life". Gorgeous yard and PLENTY of
off-street parking! 3 full floors of living space! Large
first floor has updated Kitchen with stainless steel appliances and
breakfast bar, half bath & Large Living Room & Dining Room.
Second floor features 2 large bedrooms, Full bathroom and
convenient Laundry Room. Third floor has 2 additional large
bedrooms with skylights. All Bedrooms & first floor have
hardwood floors. All Bedroom closets have custom interiors by
Closet Classics. Full basement. Brand new furnace, newer hot water
heater, new gutters & new driveway. This is the life!
Lots of room to move around ~ walk to Downtown, parks, train,
shopping, restaurants, etc. Get your coffee at Starbucks and treat
the kids to an ice cream after dinner - all within walking distance
of your front door. Only minutes to Rtes 93 and 495. How does
it get better than this?
Unit Size
1,575 Ft²
Days on Market
-
Land Size
-
Price per sqft
$254
Property Type
Multifamily
Property Taxes
$37
HOA Dues
$89
Year Built
1912
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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: 6 months ago (MLSPIN #71660696)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 2014 | Sold | ||
| Sold | |||
| Apr 14, 2014 | Listed by William Raveis R.E. & Home Services | $399,900 | |
| Listed by William Raveis R.E. & Home Services | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Off Street, Paved
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Wood, Vinyl
Laundry Features: In Unit, Gas Dryer Hookup, Washer Hookup, Flooring - Hardwood, Second Floor
Rooms: 8
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1575
Year Built Source: Public Records
Year Built: 1912
Building Area Total: 1575
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch
Lot Size Units: Acres
Tax Lot: 1
Water Source: Public
Financial Details
Tax Map Number: 22
Tax Assessed Value: $289,900
Tax Annual Amount: $441
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Steam, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Insurance
HOA Fee: $89
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
04/14/2014
| |
Loft
|
2 Bath
|
1575 ft²
|
$399,900
Loft
2 Bath
1575 ft²
|
$396,000
-0.98%
06/12/2014
|
Mary Murray
Braga & Associates
|
|
06/09/2006
|
4 Bed
|
1 Bath
|
1575 ft²
|
$338,876
4 Bed
1 Bath
1575 ft²
|
$336,000
-0.85%
07/28/2006
|
Joseph Cote Jr
Conway - Hanover
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017