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Essex 01810
2 Preston Circle
Photo of 2 Preston Circle
Sold on Jun 30, 2011

1

Map

$816,000
● House - Off Market

2 Preston Circle

Andover, MA 01810
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,490 Ft²
$1,726,446
RealtyHop Estimate
105.55%
Since Jul 1, 2011
MA-Boston
Primary Model

About This Property

Impressive CE colonial  with 3490 sf, eat-in kitchen, outstanding family room, formal living room & dining room, office & 4-season room addition w/wrap around deck.   Cathedral ceiling master suite, three more bedrooms & laundry on the second floor.  Additional finished ll space w/game rm, family rm and fl bath. Professionally landscaped yard with private patio!  Fresh, inviting and well maintained home!  Home warranty!  Convenient location, Sanborn school!
Unit Size
3,490 Ft²
Days on Market
-
Land Size
0.67 acres
Price per sqft
$241
Property Type
House
Property Taxes
$850
HOA Dues
-
Year Built
1995

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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 #71152075)

Price History

Date / Event Date Event Price
Jun 30, 2011 Sold
Premium
Sold
Oct 18, 2010 Listed by Coldwell Banker Residential Brokerage - Andover $839,900
Listed by Coldwell Banker Residential Brokerage - Andover
Jan 4, 1996 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,860
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,041
  • Total Building Area: 4,612
  • Gross Building Area: 6,016
  • Building Area: 4,612
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,612
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 12444
  • Land Acres: 0000000667
  • 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:00198 B:00017 L:0000L
  • Block: 17
  • Lot: L
  • Municipality: ANDOVER
  • Latitude: 42.6415
  • Longitude: -71.198

    Address

  • Full Address: 2 Preston Cir
  • Address - House Number: 2
  • Address - Street Name: Preston
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Andover
  • Carrier Code: R004
  • 4-Digit Zip Code: 4410
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,497,700

    Appraisal Valuation

  • Standard Deviation: 0.2081
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 1,589,280
  • High Value: 1,920,044
  • Low Value: 1,258,516

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,096,400
  • Assessed Land Value: $408,900
  • Assessed Improvements Value: $687,500

    Sales

  • Current Sale Recording Date: Jun 30, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000001
  • Previous Sale Recording Date: Jan 04, 1996
  • Previous Sale Amount: $415,000
  • 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

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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: 4 months ago
Data Source: MLS PIN, MLS# 71152075

Frequently Asked Questions

When was property at 2 Preston Circle built and last sold?
The property at 2 Preston Circle was built in 1995 and last sold on Jan 1, 1970 for $816,000.
How much is this home worth?
The estimated value of the home located at 2 Preston Circle is $871,056.
What are some comparable homes to 2 Preston Circle?
There are currently no comparable homes to 2 Preston Circle.
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