$470,000
●
Condo -
Off Market
22 Michael Way #02
Andover, MA 01810
4 Beds
3 Baths
3,622 Ft²
$960,700
RealtyHop Estimate
92.18%
Since May 1, 2004
MA-Boston
Primary Model
About This Property
FANTASTIC 3622 SQ FT OF LIV SPACE END UNIT TWNHS FEATURING 2X6
CONSTRUCTION, SOLID CHRISTIAN DRS, CATHEDRAL CEIL, LOFT OVERLOOKING
L.R., WHIRLPOOL TUB, FULL BASE, 2 CAR ATT GAR, 21 MILES NORTH OF
BOSTON, UNBELIEVABLE!
Unit Size
3,622 Ft²
Days on Market
-
Land Size
-
Price per sqft
$138
Property Type
Condo
Property Taxes
$501
HOA Dues
$412
Year Built
1989
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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: 4 years ago (MLSPIN #30812989)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 28, 2004 | Sold | ||
| Sold | |||
| Feb 13, 2004 | Listed by Coldwell Banker Realty - Andover | $499,900 | |
| Listed by Coldwell Banker Realty - Andover | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Fireplace
Interior Details
Level: First
Width: 11
Length: 12
Features: Flooring - Stone/Ceramic Tile, Pantry
Area: 132
Level: First
Features: Flooring - Wall to Wall Carpet
Width: 14
Length: 10
Area: 140
Area: 299
Length: 13
Level: Second
Features: Flooring - Wall to Wall Carpet
Width: 23
Width: 12
Features: Flooring - Hardwood
Length: 10
Level: First
Area: 120
Features: Flooring - Wall to Wall Carpet
Width: 19
Length: 13
Area: 247
Level: Second
Length: 12
Level: First
Area: 132
Features: Skylight, Cathedral Ceiling(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box
Width: 11
Length: 25
Level: Second
Features: Flooring - Wall to Wall Carpet
Width: 16
Area: 400
Features: Cathedral Ceiling(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
Level: First
Length: 16
Width: 13
Area: 208
Length: 10
Level: Second
Area: 130
Features: Ceiling - Cathedral
Width: 13
Features: Yes
Full Bathrooms: 3
Interior Features: Ceiling - Cathedral, Sun Room, Office, Central Vacuum
Appliances: Range, Dishwasher, Microwave, Refrigerator, Electric Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Carpet, Flooring - Hardwood
Laundry Features: Flooring - Stone/Ceramic Tile, First Floor
Rooms: 11
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Off Street, Deeded
Garage Spaces: 2
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Abbot's Pond
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: None
Lot Size Units: Acres
Zoning: CONDO
Parcel Number: 1841559
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $523,700
Tax Annual Amount: $6,007
Utilities Details
Utilities: for Gas Range, for Electric Dryer
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Clubroom
HOA Fee: $412
Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility
Complex is Completed
Management: Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/29/2022
|
4 Bed
|
3 Bath
|
3453 ft²
|
$649,900
4 Bed
3 Bath
3453 ft²
|
$622,000
-4.29%
11/07/2022
|
Nghi Chiem
StartPoint Realty
| |
|
02/13/2004
|
4 Bed
|
3 Bath
|
3622 ft²
|
$499,900
4 Bed
3 Bath
3622 ft²
|
$470,000
-5.98%
04/28/2004
|
Johanna Webster
Coldwell Banker Realty - Andover
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017