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Essex 01810
19 Boutwell Rd, Lot 1
$450,000
● Land - Off Market

19 Boutwell Rd, Lot 1

Andover, MA 01810
bedrooms
Studio
bathrooms
0 Bath
$591,227
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

WHAT AN OPPORTUNITY! THIS FULLY APPROVED 5.5 ACRE LOT IS READY TO POUR THE FOUNDATION IN FOR YOU TO BUILD YOUR OWN HOME OR HAVE OUR BUILDER DO IT FOR YOU! It is conveniently Located in Andover's Highest Rated School District for Elementary and Middle School, High Plain and Wood Hill. This Location for Your Future Home is Private and Only Moments Away from I-93 and I-495. This Estate-Type Lot is also just moments away from Andover's lively Downtown Area & Shopping. CALL THE LISTING AGENT FOR MORE INFORMATION! COVID-19 Questionnaire on paperclip must be completed & sent to List Agent prior to showings. Showings MUST adhere to CDC and State Guidelines including wearing of masks and gloves.
Unit Size
-
Days on Market
-
Land Size
5.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1958

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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 #72638747)

Price History

Date / Event Date Event Price
Dec 14, 2020 Sold
Premium
Sold
Mar 28, 2020 Listed by Lillian Montalto Signature Properties $450,000
Listed by Lillian Montalto Signature Properties
Feb 26, 2016 Sold
Premium
Sold
Dec 22, 2005 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,206
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 276,606
  • Total Building Area: 2,013
  • Gross Building Area: 4,353
  • Building Area: 2,013
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,013
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000006350
  • Standard Land Use Code: 8016
  • County Land Use Code: 106

Neighborhood

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

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00216 B:00005 L:00000
  • Block: 5
  • Municipality: ANDOVER
  • Latitude: 42.6653
  • Longitude: -71.2308

    Address

  • Full Address: 19 Boutwell Rd
  • Address - House Number: 19
  • Address - Street Name: Boutwell
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: R003
  • 4-Digit Zip Code: 4236
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $667,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $488,900
  • Assessed Land Value: $478,900
  • Assessed Improvements Value: $10,000

    Sales

  • Current Sale Contract Date: Dec 10, 2020
  • Current Sale Recording Date: Dec 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 35712
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72638747

Frequently Asked Questions

When was property at 19 Boutwell Road built and last sold?
The property at 19 Boutwell Road was built in 1958 and last sold on Dec 10, 2020 for $450,000.
How much is this home worth?
The estimated value of the home located at 19 Boutwell Road is $454,500.
What are some comparable homes to 19 Boutwell Road?
There are currently no comparable homes to 19 Boutwell Road.
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