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Essex 01810
2 Candlewood Dr
$659,900
● House - Off Market

2 Candlewood Dr

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,827 Ft²
$1,490,209
RealtyHop Estimate
125.82%
Since Jul 1, 2002
MA-Boston
Primary Model

About This Property

STUNNING 1 YR OLD COLONIAL BUILT WITH HIGHEST QLTY MATERIALS ON LEVEL LOT IN GREAT NGBHD. FEATURES INCLUDE HARDWOOD FLRS, GRANITE & CORIAN COUNTERS,CENTRAL AIR,SPRINKLER SYS,ETC. THE LIST IS ENDLESS.NEUTRAL INTERIOR,JUST MOVE IN AND ENJOY!
Unit Size
2,827 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$233
Property Type
House
Property Taxes
$577
HOA Dues
-
Year Built
2001

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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 #30594868)

Price History

Date / Event Date Event Price
Jun 28, 2002 Sold
Premium
Sold
Apr 6, 2002 Listed by Prudential Howe & Doherty $659,900
Listed by Prudential Howe & Doherty
Jul 20, 2001 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,179
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,875
  • Total Building Area: 2,949
  • Gross Building Area: 4,739
  • Building Area: 2,949
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,949
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOSEPH & KATHLEEN MIELE
  • Land Acres: 0000000709
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254401

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00132 B:00027 L:00000
  • Block: 27
  • Municipality: ANDOVER
  • Latitude: 42.6588
  • Longitude: -71.1849

    Address

  • Full Address: 2 Candlewood Dr
  • Address - House Number: 2
  • Address - Street Name: Candlewood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Andover
  • Carrier Code: R003
  • 4-Digit Zip Code: 3302
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,426,400

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,115,642
  • High Value: 1,305,329
  • Low Value: 925,954

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,044,200
  • Assessed Land Value: $434,400
  • Assessed Improvements Value: $609,800

    Sales

  • Current Sale Recording Date: Jun 28, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 20, 2001
  • Previous Sale Amount: $625,000
  • 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

$383

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2510 ft²

Average Home Age

73.3 years

Currently For Sale

1405 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

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 30594868

Frequently Asked Questions

When was property at 2 Candlewood Drive built and last sold?
The property at 2 Candlewood Drive was built in 2001 and last sold on Jan 1, 1970 for $659,900.
How much is this home worth?
The estimated value of the home located at 2 Candlewood Drive is $687,698.
What are some comparable homes to 2 Candlewood Drive?
There are currently no comparable homes to 2 Candlewood Drive.
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