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Essex 01810
205 Lowell Street
$339,400
● House - Off Market

205 Lowell Street

Andover, MA 01810
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,027 Ft²
$804,726
RealtyHop Estimate
117.55%
Since Apr 1, 2012
MA-Boston
Primary Model

About This Property

Absolutely Best Value In Town!!!One owner custom built Colonial/Gambrel, close to schools and town. Features include 3/4 bedrooms with hardwood floors, large kitchen with updated cabinets, formal dining room with built-in china cabinet, entertainment size living room with fireplace overlooking private backyard, den with built-ins could be 4th bedroom,large front to back master -bedroom with cedar closet and heated 1+ car garage. New roof 07' Great location!
Unit Size
2,027 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$182
Property Type
House
Property Taxes
$456
HOA Dues
-
Year Built
1961

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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 months ago (MLSPIN #71291671)

Price History

Date / Event Date Event Price
Mar 27, 2012 Sold
Premium
Sold
Sep 23, 2011 Listed by RE/MAX Partners $369,900
Listed by RE/MAX Partners

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,120
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,128
  • Total Building Area: 2,027
  • Gross Building Area: 3,472
  • Building Area: 2,027
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,027
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEST ANDOVER
  • Land Acres: 0000000393
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254401

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00108 B:00032 L:00000
  • Block: 32
  • Municipality: ANDOVER
  • Latitude: 42.6584
  • Longitude: -71.1693

    Address

  • Full Address: 205 Lowell St
  • Address - House Number: 205
  • Address - Street Name: Lowell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C023
  • 4-Digit Zip Code: 3425
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $866,000

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 772,413
  • High Value: 904,314
  • Low Value: 640,512

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $634,000
  • Assessed Land Value: $342,400
  • Assessed Improvements Value: $291,600

    Sales

  • Current Sale Recording Date: Mar 27, 2012
  • Current Sale Price:
    Premium
  • Current 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2525 ft²

Average Home Age

72.6 years

Currently For Sale

1492 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: 5 months ago
Data Source: MLS PIN, MLS# 71291671

Frequently Asked Questions

When was property at 205 Lowell Street built and last sold?
The property at 205 Lowell Street was built in 1961 and last sold on Jan 1, 1970 for $339,400.
How much is this home worth?
The estimated value of the home located at 205 Lowell Street is $394,455.
What are some comparable homes to 205 Lowell Street?
There are currently no comparable homes to 205 Lowell Street.
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