$812,500
●
Condo -
Off Market
2 Powder Mill Sq #5
Andover, MA 01810
3 Beds
2 Baths,
1
Half Bath
2,419 Ft²
$5,527
Est. Monthly
$818
HOA / Fees
2.72%
Cap Rate
About This Property
Location, Location, Location! Rare opportunity to own a multi-
level townhome at Powder Mill Square which is just outside of
downtown Andover. Walk to shopping, dining and the T station from
this centrally located townhome. You'll love the open concept
multi-level floor plan of this home which includes a central living
room with gas fireplace and 16 foot tall cathedral ceilings with
oversized double hung windows that overlook Castle Park. This
spacious home has new paint, beautiful laminate floors, in unit
laundry, primary bedroom features private bath and much more. Lower
level features a 2 car tandem garage and ample storage space.
Property includes an on-site gym and Castle Park which is
integrated into the development and offers great recreational
space. This home offers luxury living, great walkabilty and a
terrific location, don't miss your chance to call it your home!
Unit Size
2,419 Ft²
Days on Market
-
Land Size
-
Price per sqft
$341
Property Type
Condo
Property Taxes
$658
HOA Dues
$818
Year Built
2004
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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 #73268964)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2024 | Sold | ||
| Sold | |||
| Sep 3, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by LAER Realty Partners | $824,900 | |
| Listed by LAER Realty Partners | |||
| Jun 21, 2021 | Sold | ||
| Sold | |||
| Mar 24, 2021 | Listed by Better Homes and Gardens Real Estate - The Masiello Group | $599,000 | |
| Listed by Better Homes and Gardens Real Estate - The Masiello Group | |||
| | |||
|
This luxurious pet-friendly POWDER MILL SQ TOWNHOME earns an A+ for LOCATION! Enjoy living close to all that downtown Andover has to offer: restaurants, Whole Foods, Stop & Shop, the Commuter Rail, bus to Boston, Post Office and more. Spacious open 1st floor w/ dramatic living room w/ gas fireplace, 13' ceiling & huge windows overlooking the Shawsheen River and its walkway, eat-in kitchen, formal dining area, powder room and balcony. The 2nd floor master suite has a large private bath and walk-in closet. Working from home? The sunny, spacious 2nd bedroom has room for twin beds and a desk area. A full bath and laundry room complete the 2nd floor. The large 3rd floor bedroom loft is the perfect spot for watching tv, exercise space or private in-home office. The 2-car tandem garage + driveway and guest spaces makes parking a breeze. Great closet space + a large storage room just for this unit. There's even a common exercise room. Dogs under 35 lbs welcome.
| |||
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Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Off Street, Under
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Internet Available - Broadband
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Tile, Carpet, Laminate
Door Features: Insulated Doors
Laundry Features: In Unit, Electric Dryer Hookup, Washer Hookup, Second Floor
Rooms: 6
Has Fireplace
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 2419
Security Features: Security System
Year Built Source: Public Records
Year Built: 2004
Building Name: Powder Mill Square
Building Area Total: 2419
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame, Brick
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $612,700
Tax Annual Amount: $7,892
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Fitness Center, Trail(s)
HOA Fee: $818
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/09/2026
|
3 Bed
|
2 Bath
|
2425 ft²
|
$799,900
3 Bed
2 Bath
2425 ft²
|
-
-
|
Team Lillian Montalto
Lillian Montalto Signature Properties
| |
|
04/17/2025
|
3 Bed
|
2 Bath
|
2425 ft²
|
$899,900
3 Bed
2 Bath
2425 ft²
|
-
-
|
Team Lillian Montalto
Lillian Montalto Signature Properties
| |
|
07/24/2024
|
3 Bed
|
3 Bath
|
2419 ft²
|
$849,900
3 Bed
3 Bath
2419 ft²
|
$812,500
-4.40%
09/25/2024
|
Dennis Page
LAER Realty Partners
| |
|
08/16/2023
|
3 Bed
|
2 Bath
|
2421 ft²
|
$849,900
3 Bed
2 Bath
2421 ft²
|
$850,000
+0.01%
09/14/2023
|
Dennis Page
LAER Realty Partners
| |
|
03/24/2021
|
3 Bed
|
3 Bath
|
2419 ft²
|
$599,000
3 Bed
3 Bath
2419 ft²
|
$599,000
06/21/2021
|
Carol Brighi
Better Homes and Gardens Real Estate - The Masiello Group
| |
|
11/10/2020
|
3 Bed
|
3 Bath
|
2423 ft²
|
$625,000
3 Bed
3 Bath
2423 ft²
|
$600,000
-4.00%
01/14/2021
|
Patricia Nunez
Compass
| |
|
12/06/2017
|
3 Bed
|
3 Bath
|
2421 ft²
|
$535,000
3 Bed
3 Bath
2421 ft²
|
$535,000
12/29/2017
|
Dennis Page
LAER Realty Partners
| |
|
04/05/2017
|
3 Bed
|
3 Bath
|
2423 ft²
|
$499,900
3 Bed
3 Bath
2423 ft²
|
$499,900
05/18/2017
|
Michael Sibulesky
William Raveis R.E. & Home Services
| |
|
07/07/2015
|
3 Bed
|
3 Bath
|
2400 ft²
|
$490,000
3 Bed
3 Bath
2400 ft²
|
$480,000
-2.04%
10/30/2015
|
Neil Fredette
EXIT Realty Beatrice Associates
| |
|
05/14/2015
|
3 Bed
|
2 Bath
|
2423 ft²
|
$495,000
3 Bed
2 Bath
2423 ft²
|
$485,000
-2.02%
08/25/2015
|
Ellen Munick
Compass
| |
|
04/17/2014
|
3 Bed
|
2 Bath
|
2422 ft²
|
$474,500
3 Bed
2 Bath
2422 ft²
|
$470,000
-0.95%
01/30/2015
|
Cathy Johnson
Coldwell Banker Realty - Andover
| |
|
01/02/2013
|
3 Bed
|
3 Bath
|
2419 ft²
|
$500,000
3 Bed
3 Bath
2419 ft²
|
$498,000
-0.40%
04/02/2013
|
Tom McCarron
William Raveis R.E. & Home Services
| |
|
01/04/2011
|
3 Bed
|
3 Bath
|
2424 ft²
|
$469,900
3 Bed
3 Bath
2424 ft²
|
$435,000
-7.43%
03/02/2012
|
Christopher Doherty
William Raveis R.E. & Home Services
| |
|
11/06/2010
|
3 Bed
|
2 Bath
|
2500 ft²
|
$699,000
3 Bed
2 Bath
2500 ft²
|
-
-
|
Barbara Grasso
William Raveis R.E. & Home Services
| |
|
01/27/2010
|
3 Bed
|
2 Bath
|
2607 ft²
|
$499,900
3 Bed
2 Bath
2607 ft²
|
$428,000
-14.38%
08/02/2010
|
Christopher Doherty
William Raveis R.E. & Home Services
| |
|
07/07/2009
|
3 Bed
|
3 Bath
|
2423 ft²
|
$509,900
3 Bed
3 Bath
2423 ft²
|
$450,000
-11.75%
11/13/2009
|
Silvija Aprans
Home Sellers Edge
| |
|
01/14/2009
|
3 Bed
|
3 Bath
|
2422 ft²
|
$539,900
3 Bed
3 Bath
2422 ft²
|
$450,000
-16.65%
07/15/2009
|
Katherine Rielly
Leading Edge Real Estate
| |
|
05/12/2005
|
3 Bed
|
2 Bath
|
2500 ft²
|
$599,000
3 Bed
2 Bath
2500 ft²
|
$585,000
-2.34%
05/01/2007
|
Silvija Aprans
Home Sellers Edge
| |
|
05/12/2005
|
3 Bed
|
2 Bath
|
2500 ft²
|
$599,000
3 Bed
2 Bath
2500 ft²
|
$575,000
-4.01%
01/31/2007
|
Silvija Aprans
Home Sellers Edge
| |
|
10/04/2004
|
3 Bed
|
2 Bath
|
2500 ft²
|
$631,850
3 Bed
2 Bath
2500 ft²
|
$649,900
+2.86%
02/03/2006
|
Silvija Aprans
Home Sellers Edge
| |
|
10/04/2004
|
3 Bed
|
2 Bath
|
2500 ft²
|
$639,250
3 Bed
2 Bath
2500 ft²
|
$639,250
12/20/2005
|
Silvija Aprans
Home Sellers Edge
| |
|
10/04/2004
|
3 Bed
|
2 Bath
|
2500 ft²
|
$609,250
3 Bed
2 Bath
2500 ft²
|
$622,550
+2.18%
12/02/2005
|
Silvija Aprans
Home Sellers Edge
|
Building Info
2 Powder Mill Square
2 Powder Mill Square, Andover, MA 01810
- 1 Unit for Sale
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017