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Essex 01810
2 Shepley Street
$357,000
● House - Off Market

2 Shepley Street

Andover, MA 01810
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,657 Ft²
$687,548
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

You'll love coming home to this quaint home conveniently located in Andover near Route 495. This updated Cape on a cul-de-sac boasts 3 bedrooms with 2 full baths. The newer kitchen has plenty of cabinet storage and a center island. Family room leading out to a sizable sunporch. Hardwood floors on the main level dining room and living room. First floor bedroom. The second level has been completely updated with wall-to-wall carpets and recessed lighting in the 2 bedrooms and a newly renovated full bath. Attached 2-car garage and fenced in yard. A commuter's dream!
Unit Size
1,657 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$223
Property Type
House
Property Taxes
$330
HOA Dues
-
Year Built
1947

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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 #71667418)

Price History

Date / Event Date Event Price
Jun 30, 2014 Sold
Premium
Sold
Apr 23, 2014 Listed by William Raveis R.E. & Home Services $369,900
Listed by William Raveis R.E. & Home Services
Jun 25, 2012 Sold
Premium
Sold
Mar 20, 2012 Listed by William Raveis R.E. & Home Services $312,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 884
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,125
  • Total Building Area: 1,657
  • Gross Building Area: 3,450
  • Building Area: 1,657
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,657
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000255
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254100

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00034 B:00020 L:00000
  • Block: 20
  • Municipality: ANDOVER
  • Latitude: 42.6813
  • Longitude: -71.1519

    Address

  • Full Address: 2 Shepley St
  • Address - House Number: 2
  • Address - Street Name: Shepley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C010
  • 4-Digit Zip Code: 1309
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $558,300

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 569,566
  • High Value: 669,600
  • Low Value: 469,532

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $408,700
  • Assessed Land Value: $200,700
  • Assessed Improvements Value: $208,000

    Sales

  • Current Sale Recording Date: Jun 30, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13665
  • Previous Sale Recording Date: Jun 25, 2012
  • Previous Sale Amount: $305,000
  • Previous 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71667418

Frequently Asked Questions

When was property at 2 Shepley Street built and last sold?
The property at 2 Shepley Street was built in 1947 and last sold on Jan 1, 1970 for $357,000.
How much is this home worth?
The estimated value of the home located at 2 Shepley Street is $385,805.
What are some comparable homes to 2 Shepley Street?
There are currently no comparable homes to 2 Shepley Street.
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