1
Map
$311,000
●
Condo -
Off Market
13 Millpond #0
North Andover, MA 01945
3 Beds
2 Baths,
1
Half Bath
1,673 Ft²
$665,827
RealtyHop Estimate
104.87%
Since Sep 1, 2010
MA-Boston
Primary Model
About This Property
SPECTACULAR MAPLE KITCHEN WITH STAINLESS AND GRANITE! Kitchen walls
removed to make a 20ft eat-in-kitchen with custom island. Corner,
gas-heated, loft unit has double deck overlooking Brook and
wrap-around courtyard. Step down, spacious living room has
fireplace and deck/courtyard access. Unit is perched high above the
Brook and looks out over the middle of the complex. Master Bedroom
has Brook views. Baths completely updated. Wood floors throughout
home. Central air. CUSTOM AND COMFORTABLE!
Unit Size
1,673 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$194
Property Type
Condo
Property Taxes
$300
HOA Dues
$360
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 #71053903)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 5, 2010 | Sold | ||
| Sold | |||
| Mar 21, 2010 | Listed | $325,000 | |
| Listed | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Detached, Off Street
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Wood, Tile
Laundry Features: Electric Dryer Hookup, Second Floor
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Exterior Details
Square Footage: 1673
Year Built Source: Public Records
Year Built: 1975
Waterfront Features: Waterfront, Creek, Lake/Pond, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Building Name: Millpond Townhomes
Building Area Total: 1673
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck, Patio - Enclosed
Pool Features: Association, In Ground
Lot Size Area: 0.19
Lot Size Units: Acres
Lot Size Acres: 0.19
Lot Size Square Feet: 8276
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $282,900
Tax Annual Amount: $3,604
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Road Maintenance
HOA/Condo/Coop Amenities: Tennis Court(s)
HOA Fee: $360
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 |
|---|---|---|---|---|---|---|---|
|
03/21/2010
| |
3 Bed
|
2 Bath
|
1673 ft²
|
$325,000
3 Bed
2 Bath
1673 ft²
|
$311,000
-4.31%
08/05/2010
|
Gena Hatch
Coldwell Banker Realty - Andover
|
|
09/15/2004
|
3 Bed
|
2 Bath
|
1673 ft²
|
$378,876
3 Bed
2 Bath
1673 ft²
|
$350,000
-7.62%
11/30/2004
|
Sharon Coskren
Leading Edge Real Estate
| |
|
03/04/2000
|
2 Bed
|
3 Bath
|
1631 ft²
|
$265,000
2 Bed
3 Bath
1631 ft²
|
$273,000
+3.02%
05/25/2000
|
Sheryl Doherty
William Raveis R.E. & Home Services
| |
|
07/08/1997
|
2 Bed
|
3 Bath
|
1631 ft²
|
$210,000
2 Bed
3 Bath
1631 ft²
|
$203,000
-3.33%
10/30/1997
|
Sheryl Doherty
William Raveis R.E. & Home Services
|
Building Info
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