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Essex 01810
2 Allen Street
Photo of 2 Allen Street
Sold on Feb 18, 2005

1

Map

$365,000
● House - Off Market

2 Allen Street

Andover, MA 01810
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,147 Ft²
$713,533
RealtyHop Estimate
88.77%
Since Mar 1, 2005
National-US
Primary Model

About This Property

Newly renovated Colonial within Shawsheen heights. This charming home featuring updated kitchen w/granite counter tops,new appliances, freshly painted, 2 new baths, 1st fl.den,2 bedrooms up w/bath, 2 fireplaces and a 2 car garage and a brand new roof being installed! Seller is motivated!
Unit Size
1,147 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$330
Property Type
House
Property Taxes
$142
HOA Dues
-
Year Built
1866

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 6 months ago (MLSPIN #70115325)

Price History

Date / Event Date Event Price
Feb 18, 2005 Sold
Premium
Sold
Nov 8, 2004 Listed $378,000
Listed
Aug 4, 2004 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1866
  • Effective Year Built: 1866
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 958
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,255
  • Total Building Area: 1,626
  • Gross Building Area: 2,536
  • Building Area: 1,626
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,626
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254100

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00051 B:00178 L:00000
  • Block: 178
  • Municipality: ANDOVER
  • Latitude: 42.6768
  • Longitude: -71.156

    Address

  • Full Address: 2 Allen St
  • Address - House Number: 2
  • Address - Street Name: Allen
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C010
  • 4-Digit Zip Code: 2504
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $714,000

    Appraisal Valuation

  • Standard Deviation: 0.2084
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 612,466
  • High Value: 740,127
  • Low Value: 484,805

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $522,700
  • Assessed Land Value: $303,000
  • Assessed Improvements Value: $219,700

    Sales

  • Current Sale Recording Date: Feb 18, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 5697
  • Previous Sale Recording Date: Aug 04, 2004
  • Previous Sale Amount: $270,000
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2501 ft²

Average Home Age

73.5 years

Currently For Sale

1398 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: 6 months ago
Data Source: MLS PIN, MLS# 70115325

Frequently Asked Questions

When was property at 2 Allen Street built and last sold?
The property at 2 Allen Street was built in 1866 and last sold on Jan 1, 1970 for $365,000.
How much is this home worth?
The estimated value of the home located at 2 Allen Street is $385,754.
What are some comparable homes to 2 Allen Street?
There are currently no comparable homes to 2 Allen Street.
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