For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Essex 01810
2 Launching Road
$498,000
● House - Off Market

2 Launching Road

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,738 Ft²
$1,050,109
RealtyHop Estimate
101.98%
Since Aug 1, 2004
National-US
Primary Model

About This Property

FABULOUS MULTI-LEVEL W/ 4 BDRMS., 2 FULL BATHS, 2 CAR ATTACHED GAR.,FINISHED LOWER LVL W/WOOD STOVE BRINGS GLA TO 2218 SQ.FT., FRENCH SLIDER TO DECK OFF DINING ROOM, LRG. LEVEL LOT. WILL BE TIED-IN TO TOWN SEWER BEFORE CLOSING!
Unit Size
1,738 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$299
Property Type
House
Property Taxes
$331
HOA Dues
-
Year Built
1964

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 5 months ago (MLSPIN #30807600)

Price History

Date / Event Date Event Price
Jul 30, 2004 Sold
Premium
Sold
Jan 28, 2004 Listed by Lillian Montalto Signature Properties $519,900
Listed by Lillian Montalto Signature Properties
Dec 30, 1998 Sold
Premium
Sold
Sep 22, 1998 Listed by Lillian Montalto Signature Properties $269,900
Listed by Lillian Montalto Signature Properties

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,694
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,612
  • Total Building Area: 1,738
  • Gross Building Area: 3,328
  • Building Area: 1,738
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 1,738
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001001
  • 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:00204 B:00004 L:00000
  • Block: 4
  • Municipality: ANDOVER
  • Latitude: 42.6795
  • Longitude: -71.2193

    Address

  • Full Address: 2 Launching Rd
  • Address - House Number: 2
  • Address - Street Name: Launching
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: R007
  • 4-Digit Zip Code: 2409
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $848,000
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1531
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 81
  • Final Value: 831,314
  • High Value: 958,616
  • Low Value: 704,013

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $620,800
  • Assessed Land Value: $393,900
  • Assessed Improvements Value: $226,900

    Sales

  • Current Sale Recording Date: Jul 30, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 36428
  • Previous Sale Recording Date: Dec 30, 1998
  • Previous Sale Amount: $258,000
  • 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

2546 ft²

Average Home Age

73.2 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 30807600

Frequently Asked Questions

When was property at 2 Launching Road built and last sold?
The property at 2 Launching Road was built in 1964 and last sold on Jan 1, 1970 for $498,000.
How much is this home worth?
The estimated value of the home located at 2 Launching Road is $520,597.
What are some comparable homes to 2 Launching Road?
There are currently no comparable homes to 2 Launching Road.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Andover Homes for Sale
Andover Houses for Sale
Andover Condos for Sale
Andover Multifamily for Sale
Andover Land for Sale
Andover Commercial for Sale
Andover Homes with Basements
Andover Homes with Pools
Nearby Cities
Lowell Homes for Sale
Haverhill Homes for Sale
Methuen Town Homes for Sale
Lawrence Homes for Sale
Peabody Homes for Sale
Wakefield Homes for Sale
Danvers Homes for Sale
Reading Homes for Sale
Nearby Property Records
Essex County, MA Property Records
Middlesex County, MA Property Records
Suffolk County, MA Property Records
Rockingham County, NH Property Records
Hillsborough County, NH Property Records
Norfolk County, MA Property Records
Worcester County, MA Property Records
Strafford County, NH Property Records
Neighborhoods
Highlands Real Estate
Centralville Real Estate
Pawtucketville Real Estate
South Lowell Real Estate
Peabody Town Center Real Estate
Tower Hill Real Estate
Belvidere Real Estate
Prospect Hill - Back Bay Real Estate
Nearby Counties
Lowell Homes for Sale
Haverhill Homes for Sale
Methuen Town Homes for Sale
Lawrence Homes for Sale
Peabody Homes for Sale
Chelmsford Homes for Sale
Billerica Homes for Sale
North Andover Homes for Sale
Top Real Estate Agents
Top Agents in Andover
Top Agents in Lowell
Top Agents in Lowell
Top Agents in Haverhill
Top Agents in Haverhill
Top Agents in Methuen Town
Top Agents in Methuen Town
Top Agents in 01844