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Essex 01810
19 Alderbrook Rd.
$462,000
● House - Off Market

19 Alderbrook Rd.

Andover, MA 01810
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,376 Ft²
$674,046
RealtyHop Estimate
44.96%
Since Apr 1, 2019
MA-Boston
Primary Model

About This Property

Beautiful Decor describes this 3 bedroom 2 full bath Cape off Route 28 featuring updated kitchen with stainless steel appliances and a center breakfast island, hardwood floors throughout house, newer windows windows throughout, 10 year old gas forced hot air system, updated electrical panels, newer hot water tank...new first floor full bathroom has been completely remodeled, lower level features family room with  life proof vinyl floors...Additional screened in sunroom at the rear of the house. Home has plenty of room for expansion. This home sits on 1/2 acre of land which would provide great entertainment for your friends and family.
Unit Size
1,376 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$338
Property Type
House
Property Taxes
$525
HOA Dues
-
Year Built
1946

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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: 4 months ago (MLSPIN #72422721)

Price History

Date / Event Date Event Price
Mar 26, 2019 Sold
Premium
Sold
Nov 11, 2018 Listed by Century 21 North East $465,000
Listed by Century 21 North East
Jan 3, 2018 Sold
Premium
Sold
Nov 3, 2017 Listed by Century 21 North East $435,000
Listed by Century 21 North East

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,292
  • Total Building Area: 1,376
  • Gross Building Area: 2,632
  • Building Area: 1,376
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,376
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000489
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00081 B:00021 L:00000
  • Block: 21
  • Municipality: ANDOVER
  • Latitude: 42.6225
  • Longitude: -71.1297

    Address

  • Full Address: 19 Alderbrook Rd
  • Address - House Number: 19
  • Address - Street Name: Alderbrook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: C024
  • 4-Digit Zip Code: 6101
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $760,900
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 653,095
  • High Value: 754,516
  • Low Value: 551,674

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $557,000
  • Assessed Land Value: $338,900
  • Assessed Improvements Value: $218,100

    Sales

  • Current Sale Contract Date: Mar 20, 2019
  • Current Sale Recording Date: Mar 26, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6177
  • Previous Sale Recording Date: Jan 03, 2018
  • Previous Sale Amount: $419,000
  • 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72422721

Frequently Asked Questions

When was property at 19 Alderbrook Road built and last sold?
The property at 19 Alderbrook Road was built in 1946 and last sold on Mar 20, 2019 for $462,000.
How much is this home worth?
The estimated value of the home located at 19 Alderbrook Road is $470,721.
What are some comparable homes to 19 Alderbrook Road?
There are currently no comparable homes to 19 Alderbrook Road.
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