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Essex 01810
16 Clark Rd
$345,000
● House - Off Market

16 Clark Rd

Andover, MA 01810
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,829 Ft²
$518,062
RealtyHop Estimate
48.06%
Since Aug 1, 2018
MA-Boston
Primary Model

About This Property

A large house with huge potential?  This home offers 5 bedrooms.  Nice eat-in kitchen.  Roof approx. 2 years old.  Newer windows & storm doors. Walk-up attic with plenty of storage..  2 car garage.  Located 5 minutes to Andover Center, Route 93 and 495.   Short walk to train station and park/playground.  Do some work and have instant equity!
Unit Size
1,829 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$191
Property Type
House
Property Taxes
$481
HOA Dues
-
Year Built
1780

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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 months ago (MLSPIN #72348702)

Price History

Date / Event Date Event Price
Sep 30, 2021 Sold
Premium
Sold
Jul 20, 2021 Listed by Keller Williams Realty $725,000
Listed by Keller Williams Realty
Jul 13, 2018 Sold
Premium
Sold
Jun 19, 2018 Listed by Keller Williams Realty $349,900
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1780
  • Effective Year Built: 1780
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 648
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,300
  • Total Building Area: 1,829
  • Gross Building Area: 3,220
  • Building Area: 1,829
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,829
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000213
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00137 B:00047 L:00000
  • Block: 47
  • Municipality: ANDOVER
  • Latitude: 42.6292
  • Longitude: -71.1628

    Address

  • Full Address: 16 Clark Rd
  • Address - House Number: 16
  • Address - Street Name: Clark
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: C027
  • 4-Digit Zip Code: 5643
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $815,000
  • Initial Tax Delinquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.1543
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 782,937
  • High Value: 903,805
  • Low Value: 662,070

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $596,600
  • Assessed Land Value: $310,500
  • Assessed Improvements Value: $286,100

    Sales

  • Current Sale Contract Date: Sep 22, 2021
  • Current Sale Recording Date: Sep 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 125894
  • Previous Sale Recording Date: Jul 13, 2018
  • Previous Sale Amount: $345,000
  • Previous Sale Document Type: O
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

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72348702

Frequently Asked Questions

When was property at 16 Clark Road built and last sold?
The property at 16 Clark Road was built in 1780 and last sold on Sep 22, 2021 for $700,000.
How much is this home worth?
The estimated value of the home located at 16 Clark Road is $727,095.
What are some comparable homes to 16 Clark Road?
There are currently no comparable homes to 16 Clark Road.
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