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Essex 01810
16 Exeter Way
Photo of 16 Exeter Way
Sold on Mar 31, 2005

1

Map

$597,000
● House - Off Market

16 Exeter Way

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,404 Ft²
$1,072,710
RealtyHop Estimate
78.81%
Since Apr 1, 2005
MA-Boston
Primary Model

About This Property

Meticulously maintained & updated home with fabulous 4 year old kitchen, hardwood floors, brand new heated sunroom, 5 year old AC & heat, new electrical panel, newer roof, gas FP, & irrigation system.  On cul-de-sac close to Rtes. 93 & 495.
Unit Size
2,404 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$250
Property Type
House
Property Taxes
$446
HOA Dues
-
Year Built
1972

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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 #70120229)

Price History

Date / Event Date Event Price
Oct 21, 2021 Sold
Premium
Sold
Sep 7, 2021 Listed $829,900
Listed
Apr 1, 2005 Sold
Premium
Sold
Nov 23, 2004 Listed $599,900
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,248
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,117
  • Total Building Area: 2,404
  • Gross Building Area: 3,672
  • Building Area: 2,404
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,404
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHERWOOD FOREST
  • Land Acres: 0000000691
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254401

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00133 B:00028 L:00000
  • Block: 28
  • Municipality: ANDOVER
  • Latitude: 42.6569
  • Longitude: -71.1776

    Address

  • Full Address: 16 Exeter Way
  • Address - House Number: 16
  • Address - Street Name: Exeter
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Andover
  • Carrier Code: R003
  • 4-Digit Zip Code: 3306
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,097,300

    Appraisal Valuation

  • Standard Deviation: 0.1551
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,004,246
  • High Value: 1,160,022
  • Low Value: 848,469

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $803,300
  • Assessed Land Value: $479,900
  • Assessed Improvements Value: $323,400

    Sales

  • Current Sale Contract Date: Oct 21, 2021
  • Current Sale Recording Date: Oct 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 34904
  • Previous Sale Recording Date: Apr 01, 2005
  • Previous Sale Amount: $597,000
  • Previous 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

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70120229

Frequently Asked Questions

When was property at 16 Exeter Way built and last sold?
The property at 16 Exeter Way was built in 1972 and last sold on Oct 21, 2021 for $882,500.
How much is this home worth?
The estimated value of the home located at 16 Exeter Way is $836,177.
What are some comparable homes to 16 Exeter Way?
There are currently no comparable homes to 16 Exeter Way.
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