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Essex 01810
225 Highland Road
$735,000
● House - Off Market

225 Highland Road

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,979 Ft²
$1,254,470
RealtyHop Estimate
67.28%
Since Jul 1, 2016
MA-Boston
Primary Model

About This Property

Custom-built (in 2000) expanded Cape with open floor plan in Bancroft school district, across the street from Phillips Academy bird sanctuary and campus. One mile from town, level fenced-in yard, and exacting attention to detail--cedar siding, high ceilings, built-ins in both living and family rooms, gas fireplace, French doors, and more. Large eat-in kitchen features country white cabinets, granite countertops, and a center island that opens to family room. Huge mudroom, 1st floor laundry room, loft area, attached 2-car garage. This is the house you've been waiting for!  Showings begin Saturday, February 20 at 10am
Unit Size
2,979 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$252
Property Type
House
Property Taxes
$791
HOA Dues
-
Year Built
2000

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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: 5 months ago (MLSPIN #71960214)

Price History

Date / Event Date Event Price
Jun 20, 2016 Sold
Premium
Sold
Feb 17, 2016 Listed by Coldwell Banker Residential Brokerage - Andover $749,900
Listed by Coldwell Banker Residential Brokerage - Andover
Jan 13, 2012 Sold
Premium
Sold
Oct 3, 2011 Listed by Coldwell Banker Residential Brokerage - Andover $699,500
Listed by Coldwell Banker Residential Brokerage - Andover
Feb 18, 2000 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,188
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,079
  • Total Building Area: 2,967
  • Gross Building Area: 5,492
  • Building Area: 2,967
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,967
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANDOVER
  • Land Acres: 0000000277
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254302

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00005 B:00057 L:00000
  • Block: 57
  • Municipality: ANDOVER
  • Latitude: 42.6563
  • Longitude: -71.1212

    Address

  • Full Address: 225 Highland Rd
  • Address - House Number: 225
  • Address - Street Name: Highland
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: C008
  • 4-Digit Zip Code: 1914
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,244,300

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,087,195
  • High Value: 1,272,697
  • Low Value: 901,694

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $910,900
  • Assessed Land Value: $436,300
  • Assessed Improvements Value: $474,600

    Sales

  • Current Sale Recording Date: Jun 20, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14592
  • Previous Sale Recording Date: Jan 13, 2012
  • Previous Sale Amount: $685,000
  • Previous Sale Document Type: O
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

2506 ft²

Average Home Age

73.2 years

Currently For Sale

1507 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

Unit for rent at 23 Florence, Andover, 01810

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
23 Florence, Andover, 01810 Listing by Julie Ratte

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71960214

Frequently Asked Questions

When was property at 225 Highland Road built and last sold?
The property at 225 Highland Road was built in 2000 and last sold on Jan 1, 1970 for $735,000.
How much is this home worth?
The estimated value of the home located at 225 Highland Road is $774,060.
What are some comparable homes to 225 Highland Road?
There are currently no comparable homes to 225 Highland Road.
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