$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
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #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 | |||
| | |||
|
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!
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Off Street, Deeded
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Home Office
Appliances: Range, Dishwasher
Flooring Type: Tile, Carpet, Hardwood, Flooring - Hardwood
Laundry Features: In Unit, Flooring - Stone/Ceramic Tile, First Floor
Rooms: 9
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 3453
Year Built Source: Public Records
Year Built: 1989
Building Name: Abbot's Pond
Building Area Total: 3453
Building Area Units: Square Feet
Patio and Porch Features: Deck
Lot Size Units: Acres
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, Maintenance Grounds, Snow Removal, Trash, Road Maintenance
HOA Fee: $632
HOA Fee Frequency: Monthly
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