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Essex 01810
2 Cottonwood Cir
$565,000
● House - Off Market

2 Cottonwood Cir

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,100 Ft²
$992,404
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

Turnkey Colonial on desirable cul-de-sac in the Sanborn School District!  This well maintained home features an updated eat in kitchen with granite counters, Stainless Steel appliances plus access to a large screen porch overlooking a private backyard. The family room is front to back and includes a fireplace/wood stove. The front to back living room, formal dining room and half bath with laundry complete the first floor. Upstairs you'll find four nicely sized bedrooms and two full baths.  The lower level is partially finished and includes a play room. Excellent opportunity to own a quality home near schools and commuter routes.
Unit Size
2,100 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$271
Property Type
House
Property Taxes
$608
HOA Dues
-
Year Built
1975

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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: 4 months ago (MLSPIN #71823453)

Price History

Date / Event Date Event Price
Jun 26, 2015 Sold
Premium
Sold
Apr 24, 2015 Listed by RE/MAX Partners $569,900
Listed by RE/MAX Partners
Apr 29, 1994 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • 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: 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: 1,200
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,008
  • Total Building Area: 2,460
  • Gross Building Area: 3,636
  • Building Area: 2,460
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,460
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNNYSIDE ACRES
  • Land Acres: 0000000528
  • 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:00133 B:00101 L:00000
  • Block: 101
  • Municipality: ANDOVER
  • Latitude: 42.6554
  • Longitude: -71.1831

    Address

  • Full Address: 2 Cottonwood Cir
  • Address - House Number: 2
  • Address - Street Name: Cottonwood
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Andover
  • Carrier Code: R003
  • 4-Digit Zip Code: 3363
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $959,600

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 914,372
  • High Value: 1,069,838
  • Low Value: 758,905

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $702,500
  • Assessed Land Value: $393,000
  • Assessed Improvements Value: $309,500

    Sales

  • Current Sale Recording Date: Jun 26, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15423
  • Previous Sale Recording Date: Apr 29, 1994
  • Previous Sale Amount: $257,900
  • 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

2534 ft²

Average Home Age

73 years

Currently For Sale

1483 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71823453

Frequently Asked Questions

When was property at 2 Cottonwood Circle built and last sold?
The property at 2 Cottonwood Circle was built in 1975 and last sold on Jan 1, 1970 for $565,000.
How much is this home worth?
The estimated value of the home located at 2 Cottonwood Circle is $586,482.
What are some comparable homes to 2 Cottonwood Circle?
There are currently no comparable homes to 2 Cottonwood Circle.
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