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Essex 01810
21 Exeter Way
Photo of 21 Exeter Way
Sold on Dec 16, 2005

1

Map

$510,000
● House - Off Market

21 Exeter Way

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,841 Ft²
$934,198
RealtyHop Estimate
79.69%
Since Jan 1, 2006
MA-Boston
Primary Model

About This Property

Custom built for the present owner.  Well cared for charming Cape has neutral decor and is situated at the end of a cul-de-sac on a treed lot in sought after subdivision and just minutes from Rtes. 93 & 495.  Hardwood floors in living room & dining room and 4 bedrooms. Large eat-in kitchen has additional space for washer & dryer.  Family room located directly off kitchen has floor-to-ceiling fireplace, quarry tile floor and sliders to deck. Title V approved - new septic in 7/05.
Unit Size
1,841 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$282
Property Type
House
Property Taxes
$456
HOA Dues
-
Year Built
1974

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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 #70244709)

Price History

Date / Event Date Event Price
Dec 16, 2005 Sold
Premium
Sold
Aug 18, 2005 Listed $519,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: 24,320
  • Total Building Area: 2,393
  • Gross Building Area: 5,174
  • Building Area: 2,393
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 2,393
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHERWOOD FOREST
  • Land Acres: 0000000558
  • 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:00133 B:00032 L:00000
  • Block: 32
  • Municipality: ANDOVER
  • Latitude: 42.6563
  • Longitude: -71.1768

    Address

  • Full Address: 21 Exeter Way
  • Address - House Number: 21
  • Address - Street Name: Exeter
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Andover
  • Carrier Code: R003
  • 4-Digit Zip Code: 3305
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,081,700

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 920,512
  • High Value: 1,077,022
  • Low Value: 764,001

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $791,900
  • Assessed Land Value: $458,700
  • Assessed Improvements Value: $333,200

    Sales

  • Current Sale Recording Date: Dec 16, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 48425
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

2501 ft²

Average Home Age

73.5 years

Currently For Sale

1398 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# 70244709

Frequently Asked Questions

When was property at 21 Exeter Way built and last sold?
The property at 21 Exeter Way was built in 1974 and last sold on Jan 1, 1970 for $510,000.
How much is this home worth?
The estimated value of the home located at 21 Exeter Way is $534,137.
What are some comparable homes to 21 Exeter Way?
There are currently no comparable homes to 21 Exeter Way.
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