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Andover 01810
129 Chestnut Street
$383,000
● House - Off Market

129 Chestnut Street

Andover, MA 01810
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,520 Ft²
$997,565
RealtyHop Estimate
144.50%
Since Nov 1, 2001
MA-Boston
Primary Model

About This Property

WALK TO TOWN FROM THIS VERY CHARMING BUNGALOW W/UNIQUE COMBO OF YETERDAY'S CHARM & MODERN CONVENIENCES. UPDATED KIT WITH VIKING RANGE & SUB ZERO FRIDGE, MAPLE FLOORS,2.5 BTHS, GRACIOUS FRNT PRCH, NEWER FAM RM W/FRENCH DOORS TO DECK.
Unit Size
2,520 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$162
Property Type
House
Property Taxes
$335
HOA Dues
-
Year Built
1907

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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 #30518647)

Price History

Date / Event Date Event Price
Oct 1, 2001 Sold
Premium
Sold
Jun 26, 2001 Listed by William Raveis R.E. & Home Services $408,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 1907
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,149
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Total Building Area: 2,029
  • Gross Building Area: 3,726
  • Building Area: 2,029
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,029
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254301

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00022 B:00095 L:00000
  • Block: 95
  • Municipality: ANDOVER
  • Latitude: 42.6563
  • Longitude: -71.1281

    Address

  • Full Address: 129 Chestnut St
  • Address - House Number: 129
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C008
  • 4-Digit Zip Code: 1829
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $996,600

    Appraisal Valuation

  • Standard Deviation: 0.1551
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 808,078
  • High Value: 933,425
  • Low Value: 682,731

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $729,600
  • Assessed Land Value: $417,600
  • Assessed Improvements Value: $312,000

    Sales

  • Current Sale Recording Date: Oct 01, 2001
  • Current Sale Price:
    Premium
  • Current 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 Andover

Stats & Trends

Median Asking:

$875,000

Sale Price/ft²

$416

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2778 ft²

Average Home Age

90.8 years

Currently For Sale

23 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30518647

Frequently Asked Questions

When was property at 129 Chestnut Street built and last sold?
The property at 129 Chestnut Street was built in 1907 and last sold on Jan 1, 1970 for $383,000.
How much is this home worth?
The estimated value of the home located at 129 Chestnut Street is $0.
What are some comparable homes to 129 Chestnut Street?
There are currently no comparable homes to 129 Chestnut Street.
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