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Andover 01810
2 Upland Road
$395,000
● House - Off Market

2 Upland Road

Andover, MA 01810
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,288 Ft²
$685,815
RealtyHop Estimate
71.50%
Since Apr 1, 2016
MA-Boston
Primary Model

About This Property

This is a lovely, "In Town" home, that has been well cared for  by owners who have lived here for almost 40 years . Among the many improvements are replacement windows, vinyl siding, newer roof, water heater, and interior renovations. This is more than a 2 bedroom home- the bedrooms and closets are roomy and there is a second floor office in addition to the bedrooms and updated bath. The first floor plan includes living and dining areas, a large eat in kitchen, shower bath, and an enclosed front porch as well as kitchen access to a rear deck with composite floor boards and vinyl rails. Gas stove with vented hood, dishwasher, disposal, refrigerator.
Unit Size
1,288 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$310
Property Type
House
Property Taxes
$548
HOA Dues
-
Year Built
1920

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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 months ago (MLSPIN #71939434)

Price History

Date / Event Date Event Price
Mar 18, 2016 Sold
Premium
Sold
Dec 7, 2015 Listed by William Raveis R.E. & Home Services $399,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 736
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,170
  • Total Building Area: 1,288
  • Gross Building Area: 2,790
  • Building Area: 1,288
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,288
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254200

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00022 B:00074 L:00000
  • Block: 74
  • Municipality: ANDOVER
  • Latitude: 42.659
  • Longitude: -71.1298

    Address

  • Full Address: 2 Upland Rd
  • Address - House Number: 2
  • Address - Street Name: Upland
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: C004
  • 4-Digit Zip Code: 1810
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $828,300

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 724,878
  • High Value: 837,447
  • Low Value: 612,309

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $606,400
  • Assessed Land Value: $375,800
  • Assessed Improvements Value: $230,600

    Sales

  • Current Sale Recording Date: Mar 18, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6128
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 Andover

Stats & Trends

Median Asking:

$875,000

Sale Price/ft²

$416

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2778 ft²

Average Home Age

90.8 years

Currently For Sale

23 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 months ago
Data Source: MLS PIN, MLS# 71939434

Frequently Asked Questions

When was property at 2 Upland Road built and last sold?
The property at 2 Upland Road was built in 1920 and last sold on Jan 1, 1970 for $395,000.
How much is this home worth?
The estimated value of the home located at 2 Upland Road is $409,551.
What are some comparable homes to 2 Upland Road?
There are currently no comparable homes to 2 Upland Road.
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