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Essex 01810
2 Hearthstone Place
$530,000
● House - Off Market

2 Hearthstone Place

Andover, MA 01810
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,428 Ft²
$1,833,163
RealtyHop Estimate
239.54%
Since Jun 1, 1999
MA-Boston
Primary Model

About This Property

MAGNIFICENT COLONIAL IN A FABULOUS EXEC.CUL-DE-SAC SETTING. AMENITIES OF HOME INCLUDE A DRAMATIC,2 STORY OPEN FOYER, CHERRY CUSTOM KIT.,4 GENEROUS BDRMS., FP.MASTER SUITE, FIN.LL,4,000SF BSMNT.$1000 BON.TO SLNG BRKR IF UA BY 2/15**
Unit Size
3,428 Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$158
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1989

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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 years ago (MLSPIN #30257792)

Price History

Date / Event Date Event Price
Nov 15, 2019 Sold
Premium
Sold
May 17, 1999 Sold
Premium
Sold
Sep 11, 1998 Listed $539,900
Listed

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 10
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,714
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,656
  • Total Building Area: 4,028
  • Gross Building Area: 6,782
  • Building Area: 4,028
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,028
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000681
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254402

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00178 B:00001 L:0000B
  • Block: 1
  • Lot: B
  • Municipality: ANDOVER
  • Latitude: 42.6313
  • Longitude: -71.1853

    Address

  • Full Address: 2 Hearthstone Pl
  • Address - House Number: 2
  • Address - Street Name: Hearthstone
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Andover
  • Carrier Code: R004
  • 4-Digit Zip Code: 5421
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,626,600

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,403,487
  • High Value: 1,642,955
  • Low Value: 1,164,018

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,190,800
  • Assessed Land Value: $544,300
  • Assessed Improvements Value: $646,500

    Sales

  • Current Sale Contract Date: Nov 13, 2019
  • Current Sale Recording Date: Nov 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 28761
  • Previous Sale Recording Date: May 17, 1999
  • Previous Sale Amount: $530,000
  • 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2532 ft²

Average Home Age

73 years

Currently For Sale

1479 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 years ago
Data Source: MLS PIN, MLS# 30257792

Frequently Asked Questions

When was property at 2 Hearthstone Place built and last sold?
The property at 2 Hearthstone Place was built in 1989 and last sold on Nov 13, 2019 for $904,000.
How much is this home worth?
The estimated value of the home located at 2 Hearthstone Place is $0.
What are some comparable homes to 2 Hearthstone Place?
There are currently no comparable homes to 2 Hearthstone Place.
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