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Essex 01810
190 River Rd
$550,000
● House - Off Market

190 River Rd

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,722 Ft²
$870,859
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

Location, Location and Location!  Sought after High Plain/Wood Hill school district,  minutes away from major highways I93 and I495.  Young Colonial with open floor plan concept with plenty of natural light.  Four bedrooms and two and half bathrooms with hardwood floors throughout. Over-sized oak kitchen with French doors leading to the brand new deck. Large backyard, two-car garage with 6 off-street parking spaces, even better, the 250 feet of street frontage provides extra parking for party guests.
Unit Size
2,722 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$202
Property Type
House
Property Taxes
$649
HOA Dues
-
Year Built
1990

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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 #72220195)

Price History

Date / Event Date Event Price
Nov 17, 2017 Sold
Premium
Sold
Aug 29, 2017 Listed by Lillian Montalto Signature Properties $549,000
Listed by Lillian Montalto Signature Properties
Apr 19, 2002 Sold
Premium
Sold
Jan 31, 2002 Listed by Lillian Montalto Signature Properties $414,900
Listed by Lillian Montalto Signature Properties

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • 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: 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: 1,092
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,778
  • Total Building Area: 2,722
  • Gross Building Area: 4,255
  • Building Area: 2,722
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,722
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANDOVER GARDENS INC
  • Land Acres: 0000001005
  • 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:00188 B:00017 L:00000
  • Block: 17
  • Municipality: ANDOVER
  • Latitude: 42.6842
  • Longitude: -71.2159

    Address

  • Full Address: 190 River Rd
  • Address - House Number: 190
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: R006
  • 4-Digit Zip Code: 2412
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,028,300

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 901,142
  • High Value: 1,054,359
  • Low Value: 747,925

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $752,800
  • Assessed Land Value: $393,900
  • Assessed Improvements Value: $358,900

    Sales

  • Current Sale Recording Date: Nov 17, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 30140
  • Previous Sale Recording Date: Apr 19, 2002
  • Previous Sale Amount: $408,000
  • 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

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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# 72220195

Frequently Asked Questions

When was property at 190 River Road built and last sold?
The property at 190 River Road was built in 1990 and last sold on Jan 1, 1970 for $550,000.
How much is this home worth?
The estimated value of the home located at 190 River Road is $578,018.
What are some comparable homes to 190 River Road?
There are currently no comparable homes to 190 River Road.
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