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Essex 01810
224 High Plain Road
$410,000
● House - Off Market

224 High Plain Road

Andover, MA 01810
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
3,262 Ft²
$770,325
RealtyHop Estimate
81.30%
Since Aug 1, 2014
MA-Boston
Primary Model

About This Property

It's hard to believe you can get this big beautiful home for this price in Andover. If living near the highway is fine with you, you have a home which features a very large family room, a grand finished room on the third floor, a marble kitchen floor, expansive back yard, and three bedrooms on the second floor. This home also has newly finished shining floors, 2 x 6 construction for extra quietness and heat retention, and a large two car garage. The home is filled with sunlight. The sale includes an acre of land at 220 High Plain Road.
Unit Size
3,262 Ft²
Days on Market
-
Land Size
2.15 acres
Price per sqft
$130
Property Type
House
Property Taxes
$643
HOA Dues
-
Year Built
1991

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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 #71655264)

Price History

Date / Event Date Event Price
Jul 22, 2014 Sold
Premium
Sold
Apr 4, 2014 Listed by Keller Williams Realty-Merrimack $424,900
Listed by Keller Williams Realty-Merrimack
Sep 19, 1991 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,212
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 49,658
  • Total Building Area: 2,159
  • Gross Building Area: 4,304
  • Building Area: 2,159
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,159
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001140
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254401

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00150 B:00010 L:0000B
  • Block: 10
  • Lot: B
  • Municipality: ANDOVER
  • Latitude: 42.659
  • Longitude: -71.1912

    Address

  • Full Address: 224 High Plain Rd
  • Address - House Number: 224
  • Address - Street Name: High Plain
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: C023
  • 4-Digit Zip Code: 3292
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $877,500

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 820,284
  • High Value: 959,754
  • Low Value: 680,815

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $642,400
  • Assessed Land Value: $330,200
  • Assessed Improvements Value: $312,200

    Sales

  • Current Sale Recording Date: Jul 22, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15586
  • Previous Sale Recording Date: Sep 19, 1991
  • Previous Sale Amount: $158,000
  • 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

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# 71655264

Frequently Asked Questions

When was property at 224 High Plain Road built and last sold?
The property at 224 High Plain Road was built in 1991 and last sold on Jan 1, 1970 for $410,000.
How much is this home worth?
The estimated value of the home located at 224 High Plain Road is $473,808.
What are some comparable homes to 224 High Plain Road?
There are currently no comparable homes to 224 High Plain Road.
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