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Andover 01810
16R High St
Photo of 16R High St

2

Map

Photo of 16R High St
$629,900
● Land - For Sale

16R High St

Andover, MA 01810
bedrooms
Studio
bathrooms
0 Bath
$3,109
Est. Monthly

About This Property

Rare opportunity to acquire land in a desirable downtown Andover location. This parcel is zoned General Business (GB), offering a variety of potential uses (buyer to perform all due diligence). Potential uses may include retail, office, restaurant, multifamily, and other commercial uses, subject to town approvals and permitting requirements. The lot presents a great opportunity for future development or investment. Conveniently located near local shops, dining, and commuter routes. See attached documents on the paperclip for additional information.
Unit Size
-
Days on Market
-
Land Size
0.33 acres
Price per sqft
-
Property Type
Land
Property Taxes
$15
HOA Dues
-
Year Built
1820

Listed By

Team Lillian Montalto
Lillian Montalto Signature Properties

Payment Calculator

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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: 7 months ago (MLSPIN #73496300)

Price History

Date / Event Date Event Price
Apr 6, 2026 Listed by Lillian Montalto Signature Properties $629,900
Listed by Lillian Montalto Signature Properties
May 13, 2016 Sold
Premium
Sold
Apr 26, 2013 Sold
Premium
Sold

Property Highlights

Exterior Details
Building Area Units: Square Feet
Lot Features: Level
Lot Size Area: 0.33
Lot Size Units: Acres
Lot Size Acres: 0.33
Lot Size Square Feet: 14505
Water Source: At Street
Financial Details
Tax Assessed Value: $7,600
Tax Annual Amount: $184
Utilities Details
Sewer : At Street

Building Info

Overview

    General

  • Year Built: 1820
  • Effective Year Built: 1820
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 1,183
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,382
  • Total Building Area: 2,236
  • Gross Building Area: 4,452
  • 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: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000307
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254200

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00038 B:00057 L:00000
  • Block: 57
  • Municipality: ANDOVER
  • Latitude: 42.6587
  • Longitude: -71.1415

    Address

  • Full Address: 16 High St
  • Address - House Number: 16
  • Address - Street Name: High
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C011
  • 4-Digit Zip Code: 3528
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $916,300

    Appraisal Valuation

  • Standard Deviation: 0.2081
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 890,517
  • High Value: 1,075,853
  • Low Value: 705,180

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $670,800
  • Assessed Land Value: $311,900
  • Assessed Improvements Value: $358,900

    Sales

  • Current Sale Recording Date: May 13, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11195
  • Previous Sale Recording Date: Apr 26, 2013
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: 35
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 Andover

Stats & Trends

Median Asking:

$899,900

Sale Price/ft²

$422

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2854 ft²

Average Home Age

80.4 years

Currently For Sale

21 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: 7 months ago
Data Source: MLS PIN, MLS# 73496300

Frequently Asked Questions

When was property at 16R High Street built and last sold?
The property at 16R High Street was built in 1820 and last sold on Jan 1, 1970 for $625,000.
How much is this home worth?
The estimated value of the home located at 16R High Street is $636,199.
What are some comparable homes to 16R High Street?
There are currently no comparable homes to 16R High Street.
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