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Essex 01810
23 Avery Ln
$730,000
● House - Off Market

23 Avery Ln

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,563 Ft²
$1,459,511
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model

About This Property

Serenity abounds! This stately Colonial sits on a knoll framed by spectacular Sugar and Japanese maples, in a friendly West Andover neighborhood. Enjoy outdoor living/dining from a screen porch or bi-level, expansive deck that overlooks tranquil backyard. Richly hued cherry cabinetry and central island in kitchen lead to front to back family room with  floor to ceiling brick facade fireplace. 2nd fireplace in LR, Master BR suite with sitting area and 3rd  Fireplace. 1st fl office, finished bsmt.
Unit Size
3,563 Ft²
Days on Market
-
Land Size
0.67 acres
Price per sqft
$206
Property Type
House
Property Taxes
$911
HOA Dues
-
Year Built
1990

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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 #71506540)

Price History

Date / Event Date Event Price
May 3, 2013 Sold
Premium
Sold
Apr 10, 2013 Listed by Bean Group $734,900
Listed by Bean Group

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,754
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,041
  • Total Building Area: 4,440
  • Gross Building Area: 5,678
  • Building Area: 4,440
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,440
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000667
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254402

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00228 B:00029 L:00000
  • Block: 29
  • Municipality: ANDOVER
  • Latitude: 42.659
  • Longitude: -71.2369

    Address

  • Full Address: 23 Avery Ln
  • Address - House Number: 23
  • Address - Street Name: Avery
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Andover
  • Carrier Code: R002
  • 4-Digit Zip Code: 6402
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,355,200

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,330,439
  • High Value: 1,536,376
  • Low Value: 1,124,502

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $992,100
  • Assessed Land Value: $286,600
  • Assessed Improvements Value: $705,500

    Sales

  • Current Sale Recording Date: May 03, 2013
  • Current Sale Price:
    Premium
  • Current 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

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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# 71506540

Frequently Asked Questions

When was property at 23 Avery Lane built and last sold?
The property at 23 Avery Lane was built in 1990 and last sold on Jan 1, 1970 for $730,000.
How much is this home worth?
The estimated value of the home located at 23 Avery Lane is $773,502.
What are some comparable homes to 23 Avery Lane?
There are currently no comparable homes to 23 Avery Lane.
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