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Essex 01810
18 Cherrywood Circle
$657,000
● House - Off Market

18 Cherrywood Circle

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,132 Ft²
$924,090
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Location, Location, Location! Fabulous colonial with a very private rear yard at the end of a cul de sac in the Golden Oaks subdivision. Right nearby are the High Plain Elementary and Wood Hill Middle schools. Awesome newer eat-in kitchen with light wood cabinets, SS appliances and granite counter tops with access to rear deck and yard. Located adjacent to the kitchen is a good sized family room with hardwood floors, skylights and stone fireplace. In addition the first floor offers a formal living room, dining room and updated powder room. The second floor offers 4 bedrooms including a large master bedroom with updated bath. This well priced home will not last.
Unit Size
2,132 Ft²
Days on Market
-
Land Size
0.72 acres
Price per sqft
$305
Property Type
House
Property Taxes
$754
HOA Dues
-
Year Built
1983

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72621772)

Price History

Date / Event Date Event Price
Apr 28, 2020 Sold
Premium
Sold
Feb 20, 2020 Listed by William Raveis R.E. & Home Services $649,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 8
  • 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: 1,220
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,733
  • Total Building Area: 2,852
  • Gross Building Area: 3,532
  • Building Area: 2,852
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,852
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GOLDEN OAKS
  • Land Acres: 0000000728
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254402

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00208 B:00009 L:00000
  • Block: 9
  • Municipality: ANDOVER
  • Latitude: 42.6614
  • Longitude: -71.2155

    Address

  • Full Address: 18 Cherrywood Cir
  • Address - House Number: 18
  • Address - Street Name: Cherrywood
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Andover
  • Carrier Code: R003
  • 4-Digit Zip Code: 3294
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,008,200

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 957,884
  • High Value: 1,120,749
  • Low Value: 795,019

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $738,100
  • Assessed Land Value: $372,900
  • Assessed Improvements Value: $365,200

    Sales

  • Current Sale Contract Date: Apr 23, 2020
  • Current Sale Recording Date: Apr 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9751
  • Previous Sale Recording Date: Oct 12, 2016
  • 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72621772

Frequently Asked Questions

When was property at 18 Cherrywood Circle built and last sold?
The property at 18 Cherrywood Circle was built in 1983 and last sold on Apr 23, 2020 for $657,000.
How much is this home worth?
The estimated value of the home located at 18 Cherrywood Circle is $665,611.
What are some comparable homes to 18 Cherrywood Circle?
There are currently no comparable homes to 18 Cherrywood Circle.
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