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Essex 01810
16 Apache Avenue
$680,000
● House - Off Market

16 Apache Avenue

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,600 Ft²
$1,625,704
RealtyHop Estimate
125.82%
Since Jul 1, 2002
MA-Boston
Primary Model

About This Property

ELEGANT CUSTOM BUILT FEDERAL COLONIAL ON CUL-DE-SAC, LOCATED ON THE 11TH FAIRWAY OF INDIAN RIDGE CC. ONE MILE TO TOWN, RT 93 & 495. GRACIOUS FOYER W/CIRCULAR STAIRWAY, SCREENED PORCH & SUN DECK OVERLOOKING FAIRWAY. NEW ROOF, FRESHLY PAINTED.
Unit Size
3,600 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$200
Property Type
House
Property Taxes
$614
HOA Dues
-
Year Built
1979

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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: 6 months ago (MLSPIN #30551794)

Price History

Date / Event Date Event Price
Jun 14, 2002 Sold
Premium
Sold
Oct 11, 2001 Listed by Century 21 McLennan & Company $719,900
Listed by Century 21 McLennan & Company
ELEGANT CUSTOM BUILT FEDERAL COLONIAL ON CUL-DE-SAC, LOCATED ON THE 11TH FAIRWAY OF INDIAN RIDGE CC. ONE MILE TO TOWN, RT 93 & 495. GRACIOUS FOYER W/CIRCULAR STAIRWAY, SCREENED PORCH & SUN DECK OVERLOOKING FAIRWAY. NEW ROOF, FRESHLY PAINTED.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,014
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,351
  • Total Building Area: 3,442
  • Gross Building Area: 5,974
  • Building Area: 3,442
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,442
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIAN RDG ESTATES SEC 07
  • Land Acres: 0000000513
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254403

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00113 B:00012 L:00000
  • Block: 12
  • Municipality: ANDOVER
  • Latitude: 42.6419
  • Longitude: -71.1636

    Address

  • Full Address: 16 Apache Ave
  • Address - House Number: 16
  • Address - Street Name: Apache
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Andover
  • Carrier Code: C027
  • 4-Digit Zip Code: 4723
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,485,700
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1567
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 1,315,723
  • High Value: 1,521,918
  • Low Value: 1,109,527

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,087,600
  • Assessed Land Value: $516,300
  • Assessed Improvements Value: $571,300
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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2501 ft²

Average Home Age

73.5 years

Currently For Sale

1398 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

Unit for rent at 23 Florence, Andover, 01810

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
23 Florence, Andover, 01810 Listing by Julie Ratte

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 30551794

Frequently Asked Questions

When was property at 16 Apache Avenue built and last sold?
The property at 16 Apache Avenue was built in 1979 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 16 Apache Avenue is $759,284.
What are some comparable homes to 16 Apache Avenue?
There are currently no comparable homes to 16 Apache Avenue.
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