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Essex 01810
2 Clark Rd
$695,000
● House - Off Market

2 Clark Rd

Andover, MA 01810
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,833 Ft²
$742,706
RealtyHop Estimate
6.25%
Since Nov 1, 2022
MA-Boston
Primary Model

About This Property

Welcome home to this BEAUTIFUL 3 bedroom/2 bathroom COLONIAL with historic details and MODERN UPGRADES. Fantastic LOCATION as this home is in close proximity to Ballardvale Park, South School and Ballardvale train station. Features of the home include: UPDATED kitchen with GRANITE counters, STAINLESS steel appliances, shiplap ceiling, RECESSED lighting, original built-ins, HARDWOOD flooring, TWO FULL BATHROOMS, a newly constructed OVERSIZED patio with new FENCED in yard. The primary bedroom features recessed lighting, WIDE PINE FLOORING and two large closets. Flexible floor plan with OFFICE space options.  Great commuter location with access to Rte 93, Downtown Andover is a 5 minute drive and features amazing restaurants, boutiques and amazing community events. Make your appointment today!
Unit Size
1,833 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$381
Property Type
House
Property Taxes
$638
HOA Dues
-
Year Built
1880

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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 #73028715)

Price History

Date / Event Date Event Price
Oct 14, 2022 Sold
Premium
Sold
Aug 24, 2022 Listed by William Raveis R.E. & Home Services $699,000
Listed by William Raveis R.E. & Home Services
Apr 12, 2019 Sold
Premium
Sold
Aug 23, 2018 Listed by William Raveis R.E. & Home Services $499,900
Listed by William Raveis R.E. & Home Services
Dec 7, 2017 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 701
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,500
  • Total Building Area: 1,833
  • Gross Building Area: 2,558
  • Building Area: 1,833
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,833
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000218
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254403

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00138 B:00051 L:00000
  • Block: 51
  • Municipality: ANDOVER
  • Latitude: 42.6283
  • Longitude: -71.1613

    Address

  • Full Address: 2 Clark Rd
  • Address - House Number: 2
  • Address - Street Name: Clark
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: C027
  • 4-Digit Zip Code: 5614
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $797,600

    Appraisal Valuation

  • Standard Deviation: 0.2031
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 751,566
  • High Value: 904,221
  • Low Value: 598,912

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $583,900
  • Assessed Land Value: $280,000
  • Assessed Improvements Value: $303,900

    Sales

  • Current Sale Contract Date: Oct 14, 2022
  • Current Sale Recording Date: Oct 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 23997
  • Previous Sale Recording Date: Apr 12, 2019
  • Previous Sale Contract Date: Apr 12, 2019
  • Previous Sale Amount: $492,500
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73028715

Frequently Asked Questions

When was property at 2 Clark Road built and last sold?
The property at 2 Clark Road was built in 1880 and last sold on Oct 14, 2022 for $695,000.
How much is this home worth?
The estimated value of the home located at 2 Clark Road is $693,119.
What are some comparable homes to 2 Clark Road?
There are currently no comparable homes to 2 Clark Road.
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