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Essex 01810
22 Topping Road
$290,000
● House - Off Market

22 Topping Road

Andover, MA 01810
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,279 Ft²
$584,614
RealtyHop Estimate
94.94%
Since Jan 1, 2014
National-US
Primary Model

About This Property

WELCOME TO 22 TOPPING ROAD... THIS IS THE ONE! From the minute you walk in you will fall in love with the OPEN CONCEPT! The SPACIOUS LIVING-ROOM with TONS OF NATURAL LIGHT leads to the EAT-IN KITCHEN with ISLAND SEATING! 2 NEWLY RENOVATED BATHROOMS & FRESHLY PAINTED THROUGHOUT! Completely FINISHED BASEMENT with GAME ROOM / 3RD BEDROOM, FULL BATHROOM & LAUNDRY! ALL THE BELLS AND WHISTLES INCLUDING CENTRAL-AIR CONDITIONING, ENERGY EFFICIENT HEATING SYSTEM & 100AMP ELECTRICAL SERVICE! This amazing home features PROFESSIONAL LANDSCAPE, IRRIGATION SYSTEM & OUTDOOR DECK! Take advantage of top ranked Andover School System and the prime accessibility to 495 and 93! ULTRA QUIET SIDE STREET LOCATION! Do not miss out on this one of a kind opportunity.
Unit Size
1,279 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$234
Property Type
House
Property Taxes
$296
HOA Dues
-
Year Built
1945

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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 months ago (MLSPIN #71590734)

Price History

Date / Event Date Event Price
Dec 16, 2013 Sold
Premium
Sold
Oct 1, 2013 Listed by Mayflower Realty Group $299,900
Listed by Mayflower Realty Group
Aug 29, 2006 Sold
Premium
Sold
Jun 28, 2006 Listed by Mayflower Realty Group $314,900
Listed by Mayflower Realty Group

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 816
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,201
  • Total Building Area: 1,565
  • Gross Building Area: 1,743
  • Building Area: 1,565
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,565
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOPPING TERRACE
  • Land Acres: 0000000119
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254100

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00051 B:00152 L:00000
  • Block: 152
  • Municipality: ANDOVER
  • Latitude: 42.6786
  • Longitude: -71.1587

    Address

  • Full Address: 22 Topping Rd
  • Address - House Number: 22
  • Address - Street Name: Topping
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: C010
  • 4-Digit Zip Code: 1311
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $551,700

    Appraisal Valuation

  • Standard Deviation: 0.1812
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 522,138
  • High Value: 616,783
  • Low Value: 427,494

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $403,900
  • Assessed Land Value: $208,300
  • Assessed Improvements Value: $195,600

    Sales

  • Current Sale Recording Date: Dec 16, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 35269
  • Previous Sale Recording Date: Aug 29, 2006
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: 27
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

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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# 71590734

Frequently Asked Questions

When was property at 22 Topping Road built and last sold?
The property at 22 Topping Road was built in 1945 and last sold on Jan 1, 1970 for $290,000.
How much is this home worth?
The estimated value of the home located at 22 Topping Road is $319,799.
What are some comparable homes to 22 Topping Road?
There are currently no comparable homes to 22 Topping Road.
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