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Essex 01810
22 Forest Hill Dr
$530,000
● House - Off Market

22 Forest Hill Dr

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,176 Ft²
$979,011
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

Turn-Key Andover Colonial in desirable High Plain/Wood Hill School District! This home features an updated eat in kitchen with granite counter-tops, living/dining room combination and front to back family room with brick fireplace/wood stove and access to a gorgeous sun room which overlooks private backyard. Upstairs you'll find 4 spacious bedrooms with ample closet space and 2 full baths. Outside you'll find a fabulous Gunite Pool with patio, rear deck and privacy. Excellent opportunity to own a well maintained single owner home in a convenient location
Unit Size
2,176 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$253
Property Type
House
Property Taxes
$689
HOA Dues
-
Year Built
1977

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71810757)

Price History

Date / Event Date Event Price
Jun 16, 2015 Sold
Premium
Sold
Apr 3, 2015 Listed by RE/MAX Partners $549,900
Listed by RE/MAX Partners

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • 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: 5
  • 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: 960
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,673
  • Total Building Area: 2,000
  • Gross Building Area: 4,432
  • Building Area: 2,000
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,000
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001003
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254402

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00190 B:00032 L:00000
  • Block: 32
  • Municipality: ANDOVER
  • Latitude: 42.6724
  • Longitude: -71.2169

    Address

  • Full Address: 22 Forest Hill Dr
  • Address - House Number: 22
  • Address - Street Name: Forest Hill
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Andover
  • Carrier Code: R003
  • 4-Digit Zip Code: 3245
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,103,600

    Appraisal Valuation

  • Standard Deviation: 0.2067
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 852,827
  • High Value: 1,029,184
  • Low Value: 676,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $807,900
  • Assessed Land Value: $458,200
  • Assessed Improvements Value: $349,700

    Sales

  • Current Sale Recording Date: Jun 16, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 112070
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

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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# 71810757

Frequently Asked Questions

When was property at 22 Forest Hill Drive built and last sold?
The property at 22 Forest Hill Drive was built in 1977 and last sold on Jan 1, 1970 for $530,000.
How much is this home worth?
The estimated value of the home located at 22 Forest Hill Drive is $567,814.
What are some comparable homes to 22 Forest Hill Drive?
There are currently no comparable homes to 22 Forest Hill Drive.
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