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Essex 01810
193 Highland Road
$500,000
● House - Off Market

193 Highland Road

Andover, MA 01810
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,604 Ft²
$797,901
RealtyHop Estimate
59.61%
Since May 1, 2017
MA-Boston
Primary Model

About This Property

Come and see this simply charming home close to downtown and RT 125. Proudly maintained, Fireplace Living Room with built-ins, Spacious Dining Room, Updated Kitchen with center island, Sunny front to back Family Room with sky lights and lots of beautiful hardwood floors.Upstairs you'll find nicely sized Bedrooms with ample closet space and full bath. Sits on over an acre with lots of potential. Large two car garage, shed, patio and a beautiful yard! Builders and flippers take notice of this great opportunity, it will not last!
Unit Size
1,604 Ft²
Days on Market
-
Land Size
1.13 acres
Price per sqft
$312
Property Type
House
Property Taxes
$711
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 #72117616)

Price History

Date / Event Date Event Price
Apr 26, 2017 Sold
Premium
Sold
Jan 24, 2017 Listed by Keller Williams Realty $499,900
Listed by Keller Williams Realty
Dec 7, 1987 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 670
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 49,397
  • Total Building Area: 1,604
  • Gross Building Area: 2,626
  • Building Area: 1,604
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,604
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001134
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254302

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00005 B:00087 L:00000
  • Block: 87
  • Municipality: ANDOVER
  • Latitude: 42.6543
  • Longitude: -71.1223

    Address

  • Full Address: 193 Highland Rd
  • Address - House Number: 193
  • Address - Street Name: Highland
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: C008
  • 4-Digit Zip Code: 1913
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,007,400

    Appraisal Valuation

  • Standard Deviation: 0.155
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 847,178
  • High Value: 978,563
  • Low Value: 715,793

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $737,500
  • Assessed Land Value: $559,100
  • Assessed Improvements Value: $178,400

    Sales

  • Current Sale Recording Date: Apr 26, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10170
  • Previous Sale Recording Date: Dec 07, 1987
  • Previous Sale Amount: $150,000
  • 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

2541 ft²

Average Home Age

72.9 years

Currently For Sale

1497 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# 72117616

Frequently Asked Questions

When was property at 193 Highland Road built and last sold?
The property at 193 Highland Road was built in 1925 and last sold on Jan 1, 1970 for $500,000.
How much is this home worth?
The estimated value of the home located at 193 Highland Road is $512,966.
What are some comparable homes to 193 Highland Road?
There are currently no comparable homes to 193 Highland Road.
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