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Andover 01810
182 Elm Street
$390,000
● House - Off Market

182 Elm Street

Andover, MA 01810
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,366 Ft²
$730,370
RealtyHop Estimate
82.66%
Since Nov 1, 2014
MA-Boston
Primary Model

About This Property

Picture yourself in Andover! Charming, sunny cape with four bedrooms, updated kitchen and bath, on a lovely landscaped lot near downtown. This home features hardwood floors, original built-ins, walk-out basement with attached garage, and a three-season porch that overlooks the backyard and garden. Upgrades include a new boiler, insulation, front door, and fresh paint throughout. Yard features 75-year-old Japanese maple and rhododendrons. Walk to shops and restaurants, library, commuter rail, and Merrimack College. Easy access to highways, parks, and trails. Rare four bedroom at this price in the brand-new Bancroft School district. Come see this gem!
Unit Size
1,366 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$293
Property Type
House
Property Taxes
$435
HOA Dues
-
Year Built
1940

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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: 5 months ago (MLSPIN #71738283)

Price History

Date / Event Date Event Price
Nov 3, 2020 Sold
Premium
Sold
Sep 9, 2020 Listed by RE/MAX Partners $559,000
Listed by RE/MAX Partners
Oct 24, 2014 Sold
Premium
Sold
Sep 4, 2014 Listed by RE/MAX Partners $399,850
Listed by RE/MAX Partners
Sep 1, 2009 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 908
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,936
  • Total Building Area: 1,366
  • Gross Building Area: 2,860
  • Building Area: 1,366
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,366
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000228
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254100

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00002 B:00042 L:00000
  • Block: 42
  • Municipality: ANDOVER
  • Latitude: 42.6699
  • Longitude: -71.1282

    Address

  • Full Address: 182 Elm St
  • Address - House Number: 182
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C004
  • 4-Digit Zip Code: 1637
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $754,400

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 646,975
  • High Value: 756,977
  • Low Value: 536,972

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $552,300
  • Assessed Land Value: $321,700
  • Assessed Improvements Value: $230,600

    Sales

  • Current Sale Contract Date: Oct 03, 2020
  • Current Sale Recording Date: Nov 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 30574
  • Previous Sale Recording Date: Oct 24, 2014
  • Previous Sale Amount: $390,000
  • 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 Andover

Stats & Trends

Median Asking:

$899,900

Sale Price/ft²

$422

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2899 ft²

Average Home Age

75.6 years

Currently For Sale

20 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: 5 months ago
Data Source: MLS PIN, MLS# 71738283

Frequently Asked Questions

When was property at 182 Elm Street built and last sold?
The property at 182 Elm Street was built in 1940 and last sold on Oct 3, 2020 for $570,000.
How much is this home worth?
The estimated value of the home located at 182 Elm Street is $561,257.
What are some comparable homes to 182 Elm Street?
There are currently no comparable homes to 182 Elm Street.
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