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Essex 01810
20 Korinthian Way
$454,000
● House - Off Market

20 Korinthian Way

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,023 Ft²
$917,213
RealtyHop Estimate
94.32%
Since Jun 1, 2013
MA-Boston
Primary Model

About This Property

YOU MAY STILL HAVE A CHANCE TO BUY THIS HOUSE! Pretty cape in a welcoming neighborhood full of dog walkers & bike riders.The current family enjoyed a lifetime of happy memories and now it's your turn. Make it yours by picking paint colors & updates. Screen porch offers the perfect place for expansion or entertaining. Big kitchen , nice family room w/ stone fireplace and a lovely back yard. Hardwood floors in good condition, Unfinished basement, 1st floor laundry! Invest wisely & be rewareded.
Unit Size
2,023 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$233
Property Type
House
Property Taxes
$604
HOA Dues
-
Year Built
1973

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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 #71499794)

Price History

Date / Event Date Event Price
May 30, 2013 Sold
Premium
Sold
Mar 28, 2013 Listed by RE/MAX Partners $472,000
Listed by RE/MAX Partners

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 1,296
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,821
  • Total Building Area: 2,037
  • Gross Building Area: 4,420
  • Building Area: 2,037
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 2,037
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001006
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254302

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00012 B:00039 L:00000
  • Block: 39
  • Municipality: ANDOVER
  • Latitude: 42.6309
  • Longitude: -71.098

    Address

  • Full Address: 20 Korinthian Way
  • Address - House Number: 20
  • Address - Street Name: Korinthian
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Andover
  • Carrier Code: C016
  • 4-Digit Zip Code: 2206
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $992,000

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 821,980
  • High Value: 961,738
  • Low Value: 682,223

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $726,200
  • Assessed Land Value: $435,000
  • Assessed Improvements Value: $291,200

    Sales

  • Current Sale Recording Date: May 30, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15395
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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2466 ft²

Average Home Age

72.4 years

Currently For Sale

1380 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: 6 months ago
Data Source: MLS PIN, MLS# 71499794

Frequently Asked Questions

When was property at 20 Korinthian Way built and last sold?
The property at 20 Korinthian Way was built in 1973 and last sold on Jan 1, 1970 for $454,000.
How much is this home worth?
The estimated value of the home located at 20 Korinthian Way is $490,312.
What are some comparable homes to 20 Korinthian Way?
There are currently no comparable homes to 20 Korinthian Way.
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