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Essex 01810
20 Olde Berry Road
$580,000
● House - Off Market

20 Olde Berry Road

Andover, MA 01810
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,290 Ft²
$748,134
RealtyHop Estimate
27.89%
Since Dec 1, 2020
MA-Boston
Primary Model

About This Property

Your new life in Andover! Convenience & Comfort = I LOVE IT! Traffic is rare on this newly paved street in this nice neighborhood of 20 homes just over 1 mile to town center at Elm & High Street. How sweet this is, sunny bright & cheerful with open floor plan, gleaming hardwood floors, spectacular sunroom, spacious family room with real wood burning fireplace, home office, oversized deck, maintenance free vinyl siding, roomy garage, flat driveway & town sewer. You'll love this too, it's easy to manage, it's easy to maintain, and it's a wonderful surprise for your budget!  YMCA, route 114 shopping, schools, & highway access, a cinch to get to! It doesn't get any better than this in this price range! The meaning of convenience: Life is easier & happier! STEP IN & FEEL AT HOME!
Unit Size
2,290 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$255
Property Type
House
Property Taxes
$547
HOA Dues
-
Year Built
1976

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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: 5 years ago (MLSPIN #72734568)

Price History

Date / Event Date Event Price
Nov 23, 2020 Sold
Premium
Sold
Sep 30, 2020 Listed by Coldwell Banker Realty - Arlington $585,000
Listed by Coldwell Banker Realty - Arlington
Aug 27, 1991 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,152
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,128
  • Total Building Area: 2,290
  • Gross Building Area: 3,050
  • Building Area: 2,290
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,290
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OLDE BERRY ESTATES
  • Land Acres: 0000000347
  • 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:00019 B:00128 L:0000Y
  • Block: 128
  • Lot: Y
  • Municipality: ANDOVER
  • Latitude: 42.6733
  • Longitude: -71.1369

    Address

  • Full Address: 20 Olde Berry Rd
  • Address - House Number: 20
  • Address - Street Name: Olde Berry
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: C019
  • 4-Digit Zip Code: 2738
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $778,900

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 721,281
  • High Value: 844,330
  • Low Value: 598,232

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $570,200
  • Assessed Land Value: $321,900
  • Assessed Improvements Value: $248,300

    Sales

  • Current Sale Contract Date: Nov 20, 2020
  • Current Sale Recording Date: Nov 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 33227
  • Previous Sale Recording Date: Aug 27, 1991
  • Previous Sale Amount: $185,000
  • 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

2533 ft²

Average Home Age

72.6 years

Currently For Sale

1471 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: 5 years ago
Data Source: MLS PIN, MLS# 72734568

Frequently Asked Questions

When was property at 20 Olde Berry Road built and last sold?
The property at 20 Olde Berry Road was built in 1976 and last sold on Nov 20, 2020 for $580,000.
How much is this home worth?
The estimated value of the home located at 20 Olde Berry Road is $0.
What are some comparable homes to 20 Olde Berry Road?
There are currently no comparable homes to 20 Olde Berry Road.
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