For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Essex 01810
16 Timothy Drive
$885,000
● House - Off Market

16 Timothy Drive

Andover, MA 01810
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,236 Ft²
$1,015,162
RealtyHop Estimate
12.81%
Since Dec 1, 2021
MA-Boston
Primary Model

About This Property

THE PERFECT LOCATION! Located on a double cul-de-sac of elegant homes in the Phillips Academy/Pike/South neighborhood, this 4 bedroom Colonial is waiting for you! Amazing neighborhood that is close to the commuter rail, bus to Boston, short distance to Andover Center, and easy access to Routes 93 and 495. This home checks all the boxes: location, large living room with fireplace, formal dining room, sunny family room with second fireplace, eat-in kitchen with custom cherry cabinetry, and first floor laundry. Upstairs there are 4 bedrooms including the master with walk-in closet and private bath. Attached 2-car garage for easy access and full basement ready to be finished. Newer roof. Gleaming hardwood floors throughout. All on a flat lot with mature trees, town water, and town sewer. A terrific opportunity!
Unit Size
2,236 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$402
Property Type
House
Property Taxes
$921
HOA Dues
-
Year Built
1978

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 5 years ago (MLSPIN #72891650)

Price History

Date / Event Date Event Price
Nov 10, 2021 Sold
Premium
Sold
Sep 9, 2021 Listed by Coldwell Banker Realty - Andover $899,900
Listed by Coldwell Banker Realty - Andover

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 1,274
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,271
  • Total Building Area: 2,236
  • Gross Building Area: 4,164
  • Building Area: 2,236
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,236
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000603
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254301

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00077 B:00009 L:00000
  • Block: 9
  • Municipality: ANDOVER
  • Latitude: 42.6354
  • Longitude: -71.1373

    Address

  • Full Address: 16 Timothy Dr
  • Address - House Number: 16
  • Address - Street Name: Timothy
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Andover
  • Carrier Code: C014
  • 4-Digit Zip Code: 4815
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,226,700
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1551
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 993,598
  • High Value: 1,147,722
  • Low Value: 839,473

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $898,000
  • Assessed Land Value: $532,600
  • Assessed Improvements Value: $365,400

    Sales

  • Current Sale Contract Date: Nov 10, 2021
  • Current Sale Recording Date: Nov 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 37197
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:

$699,500

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2546 ft²

Average Home Age

72.5 years

Currently For Sale

1487 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: 5 years ago
Data Source: MLS PIN, MLS# 72891650

Frequently Asked Questions

When was property at 16 Timothy Drive built and last sold?
The property at 16 Timothy Drive was built in 1978 and last sold on Nov 10, 2021 for $885,000.
How much is this home worth?
The estimated value of the home located at 16 Timothy Drive is $906,895.
What are some comparable homes to 16 Timothy Drive?
There are currently no comparable homes to 16 Timothy Drive.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Andover Homes for Sale
Andover Houses for Sale
Andover Condos for Sale
Andover Multifamily for Sale
Andover Land for Sale
Andover Commercial for Sale
Andover Homes with Basements
Andover Homes with Pools
Nearby Cities
Lowell Homes for Sale
Haverhill Homes for Sale
Methuen Town Homes for Sale
Lawrence Homes for Sale
Peabody Homes for Sale
Wakefield Homes for Sale
Danvers Homes for Sale
Reading Homes for Sale
Nearby Property Records
Essex County, MA Property Records
Middlesex County, MA Property Records
Suffolk County, MA Property Records
Rockingham County, NH Property Records
Hillsborough County, NH Property Records
Norfolk County, MA Property Records
Worcester County, MA Property Records
Strafford County, NH Property Records
Neighborhoods
Highlands Real Estate
Centralville Real Estate
Pawtucketville Real Estate
South Lowell Real Estate
Peabody Town Center Real Estate
Tower Hill Real Estate
Belvidere Real Estate
Prospect Hill - Back Bay Real Estate
Nearby Counties
Lowell Homes for Sale
Haverhill Homes for Sale
Methuen Town Homes for Sale
Lawrence Homes for Sale
Peabody Homes for Sale
Chelmsford Homes for Sale
Billerica Homes for Sale
North Andover Homes for Sale
Top Real Estate Agents
Top Agents in Andover
Top Agents in Lowell
Top Agents in Lowell
Top Agents in Haverhill
Top Agents in Haverhill
Top Agents in Methuen Town
Top Agents in Methuen Town
Top Agents in 01844