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Essex 01810
15 Olde Berry Rd Vrm#39
$385,000
● House - Off Market

15 Olde Berry Rd Vrm#39

Andover, MA 01810
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,392 Ft²
$1,372,909
RealtyHop Estimate
220.12%
Since Dec 1, 1999
MA-Boston
Primary Model

About This Property

VALUE RANGE MARKETING,SELLER WILL ENTERTAIN OFFERS BETWEEN $369,000-$428,876. WONDERFUL OPPORTUNITY TO BE IN A GREAT NEIGHBORHOOD.FRESH PAINT,NEW ROOF,GUTTERS,DRIVEWAY,HW/FLRS. TOWN SEWER, SHOWING START 9/9/99
Unit Size
2,392 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$179
Property Type
House
Property Taxes
$306
HOA Dues
-
Year Built
1975

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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 #30351544)

Price History

Date / Event Date Event Price
Nov 1, 1999 Sold
Premium
Sold
Sep 3, 1999 Listed by Prudential Howe & Doherty $428,876
Listed by Prudential Howe & Doherty

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,188
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,224
  • Total Building Area: 2,392
  • Gross Building Area: 4,533
  • Building Area: 2,392
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,392
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 16 PARSONS ST
  • Land Acres: 0000000349
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254100

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00019 B:00128 L:0000J
  • Block: 128
  • Lot: J
  • Municipality: ANDOVER
  • Latitude: 42.673
  • Longitude: -71.1371

    Address

  • Full Address: 15 Olde Berry Rd
  • Address - House Number: 15
  • Address - Street Name: Olde Berry
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: C019
  • 4-Digit Zip Code: 2739
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $923,400

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 854,778
  • High Value: 999,335
  • Low Value: 710,221

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $676,000
  • Assessed Land Value: $322,200
  • Assessed Improvements Value: $353,800

    Sales

  • Current Sale Recording Date: Nov 01, 1999
  • 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 Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2534 ft²

Average Home Age

73 years

Currently For Sale

1483 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# 30351544

Frequently Asked Questions

When was property at 15 Olde Berry Road built and last sold?
The property at 15 Olde Berry Road was built in 1975 and last sold on Jan 1, 1970 for $385,000.
How much is this home worth?
The estimated value of the home located at 15 Olde Berry Road is $0.
What are some comparable homes to 15 Olde Berry Road?
There are currently no comparable homes to 15 Olde Berry Road.
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