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Essex 01810
185 Lowell Street
$519,000
● House - Off Market

185 Lowell Street

Andover, MA 01810
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,728 Ft²
$791,424
RealtyHop Estimate
47.93%
Since Nov 1, 2018
MA-Boston
Primary Model

About This Property

HERE TODAY, GONE TOMORROW! DON'T MISS THIS SPACIOUS 4 BEDROOM COLONIAL WITH A 2 CAR GARAGE.  Prop your feet up while relaxing on the farmers porch or under the pergola on the patio.Note the Deck with privacy fence, perfect for cook outs.  Drive less and live more with this commuter friendly location close to town, schools, Andover CC, and historic walking trails.  This family home of many years offers hardwood floors, a stunning stone fireplace, dining room with built in cupboard, EIK with off white cabinets,  well proportioned bedrooms upstairs & an updated full bath.  Walk up attic for easy storage.  The walk out basement leads to a lovely patio overlooking the spectacular yard with lovely perennials. Newer insulated windows, boiler(2008), hot water tank (2011) Quick occupancy.  DON'T WAIT, SEE IT TODAY
Unit Size
1,728 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$310
Property Type
House
Property Taxes
$601
HOA Dues
-
Year Built
1925

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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: 5 months ago (MLSPIN #72341909)

Price History

Date / Event Date Event Price
Oct 9, 2018 Sold
Premium
Sold
Jun 7, 2018 Listed by William Raveis R.E. & Home Services $534,999
Listed by William Raveis R.E. & Home Services
Nov 7, 2012 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 864
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,405
  • Total Building Area: 1,728
  • Gross Building Area: 3,800
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000377
  • 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:00088 B:00003 L:00000
  • Block: 3
  • Municipality: ANDOVER
  • Latitude: 42.6599
  • Longitude: -71.1676

    Address

  • Full Address: 185 Lowell St
  • Address - House Number: 185
  • Address - Street Name: Lowell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C023
  • 4-Digit Zip Code: 3404
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $898,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 768,997
  • High Value: 900,187
  • Low Value: 637,808

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $657,500
  • Assessed Land Value: $340,300
  • Assessed Improvements Value: $317,200

    Sales

  • Current Sale Recording Date: Oct 09, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24724
  • Previous Sale Recording Date: Nov 07, 2012
  • Previous Sale Amount: $385,000
  • 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 Essex

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2549 ft²

Average Home Age

72.4 years

Currently For Sale

1448 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: 5 months ago
Data Source: MLS PIN, MLS# 72341909

Frequently Asked Questions

When was property at 185 Lowell Street built and last sold?
The property at 185 Lowell Street was built in 1925 and last sold on Jan 1, 1970 for $519,000.
How much is this home worth?
The estimated value of the home located at 185 Lowell Street is $544,942.
What are some comparable homes to 185 Lowell Street?
There are currently no comparable homes to 185 Lowell Street.
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