$622,000
●
Condo -
Off Market
22 Michael Way #16
Andover, MA 01810
4 Beds
3 Baths
3,453 Ft²
$696,920
RealtyHop Estimate
7.23%
Since Dec 1, 2022
MA-Boston
Primary Model
About This Property
EXCEPTIONAL- End Unit, 4 BRM,3 Full Bath Townhouse in Abbot's Pond!
New carpet on stairway & 1st fl. bedrooms. This sun-drenched
unit with over 3400 sq. ft. features a sunken living room with a
wood burning fireplace & oversized windows. Step into the
dining room with walls of glass overlooking the professional
landscaped grounds. Kitchen w/loads of cabinets and S/S
appliances opens to hallway leading to 1st Fl. Master BDM with
vaulted ceiling, skylights and slider to deck. Master Bath features
a tile shower & whirlpool tub. Across the hall is the second
1st.Fl. BRM. Upstairs there are two additional bedrooms, full bath
and office. Unfinished basement offers additional storage or
space for exercise. Home features Gas heat, Central Air & 2 -
car attached garage w/work bench. A Dream Home & Location -
near Phillips Academy, Town & Highways!
Unit Size
3,453 Ft²
Days on Market
-
Land Size
-
Price per sqft
$188
Property Type
Condo
Property Taxes
$613
HOA Dues
$632
Year Built
1989
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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 #73042738)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 7, 2022 | Sold | ||
| Sold | |||
| Oct 22, 2022 | In contract | - | |
| In contract | |||
| Sep 29, 2022 | Listed by StartPoint Realty | $649,900 | |
| Listed by StartPoint Realty | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Fireplace
Interior Details
Level: First
Width: 11
Length: 13
Features: Flooring - Stone/Ceramic Tile
Area: 143
Level: First
Features: Flooring - Wall to Wall Carpet
Width: 14
Length: 10
Area: 140
Area: 304
Length: 16
Level: Second
Features: Flooring - Wall to Wall Carpet
Width: 19
Width: 10
Features: Flooring - Hardwood
Length: 23
Level: First
Area: 230
Features: Flooring - Hardwood
Width: 22
Length: 19
Area: 418
Level: Second
Length: 20
Level: First
Area: 300
Features: Skylight, Cathedral Ceiling(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box
Width: 15
Length: 20
Level: Second
Features: Flooring - Hardwood
Width: 15
Area: 300
Features: Cathedral Ceiling(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
Level: First
Length: 15
Width: 14
Area: 210
Length: 10
Level: Second
Area: 170
Features: Flooring - Hardwood
Width: 17
Features: Yes
Full Bathrooms: 3
Interior Features: Home Office
Appliances: Range, Dishwasher
Flooring Type: Tile, Carpet, Hardwood, Flooring - Hardwood
Laundry Features: Flooring - Stone/Ceramic Tile, First Floor, In Unit
Rooms: 9
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
Patio and Porch Features: Deck
Lead Paint: None
Lot Size Units: Acres
Zoning: SRB
Parcel Number: 1841559
Water Source: Public
Financial Details
Tax Assessed Value: $503,800
Tax Annual Amount: $7,355
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
Association Fee Frequency: Monthly
HOA Fee: $632
Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility
Pets Allowed: Yes w/ Restrictions
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
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017