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Essex 01810
2 Exeter Way
$470,000
● House - Off Market

2 Exeter Way

Andover, MA 01810
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,254 Ft²
$958,456
RealtyHop Estimate
91.73%
Since Feb 1, 2014
MA-Boston
Primary Model

About This Property

Lovely Corner Lot.,spacious 3 bedroom 2.5 bath split entry in desirable Andover neighborhood. Great 3 season porch, overlooking private manicured grounds. Hardwood floors throughout. Finished lower level features, home office or 4th BR with closet, family room walkout with woodstove,  laundry, storage, & 2 car garage. All this plus a stone's throw from the 75 acres, "Doyle Link" walking trail!! Don't miss this opportunity to live in a great house with a spectacular yard in one of Andover's best neighborhoods!!
Unit Size
2,254 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$222
Property Type
House
Property Taxes
$507
HOA Dues
-
Year Built
1972

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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: 6 months ago (MLSPIN #71583113)

Price History

Date / Event Date Event Price
Jan 15, 2014 Sold
Premium
Sold
Sep 12, 2013 Listed by Coldwell Banker Residential Brokerage - Andover $499,900
Listed by Coldwell Banker Residential Brokerage - Andover

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,436
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,833
  • Total Building Area: 2,254
  • Gross Building Area: 2,968
  • Building Area: 2,254
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,254
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANDOVER
  • Land Acres: 0000000616
  • 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:00024 L:00000
  • Block: 24
  • Municipality: ANDOVER
  • Latitude: 42.6578
  • Longitude: -71.1781

    Address

  • Full Address: 2 Exeter Way
  • Address - House Number: 2
  • Address - Street Name: Exeter
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Andover
  • Carrier Code: R003
  • 4-Digit Zip Code: 3306
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $909,200

    Appraisal Valuation

  • Standard Deviation: 0.1543
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 844,920
  • High Value: 975,357
  • Low Value: 714,484

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $665,600
  • Assessed Land Value: $421,100
  • Assessed Improvements Value: $244,500

    Sales

  • Current Sale Recording Date: Jan 15, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
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

2473 ft²

Average Home Age

73.2 years

Currently For Sale

1400 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: 6 months ago
Data Source: MLS PIN, MLS# 71583113

Frequently Asked Questions

When was property at 2 Exeter Way built and last sold?
The property at 2 Exeter Way was built in 1972 and last sold on Jan 1, 1970 for $470,000.
How much is this home worth?
The estimated value of the home located at 2 Exeter Way is $524,634.
What are some comparable homes to 2 Exeter Way?
There are currently no comparable homes to 2 Exeter Way.
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