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Essex 01810
23 Vine Street
$482,500
● House - Off Market

23 Vine Street

Andover, MA 01810
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,544 Ft²
$779,521
RealtyHop Estimate
60.73%
Since Apr 1, 2017
MA-Boston
Primary Model

About This Property

OH 12-1:30 2/19 Located at the end of a cul de sac, this three bedroom ranch is convenient to downtown and highways.  The large living room has a cozy nook and fireplace. The dining room has a lovely bay window which brightens the entire room and a charming corner cabinet.  The three bedrooms are all well sized and one bedroom boasts a large picture window and built in bookshelves.  Take your cup of coffee or glass of wine out into the sunroom which overlooks one of the most beautiful, professionally landscaped yards you will ever see!
Unit Size
1,544 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$314
Property Type
House
Property Taxes
$485
HOA Dues
-
Year Built
1953

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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 #72113166)

Price History

Date / Event Date Event Price
Mar 24, 2017 Sold
Premium
Sold
Jan 27, 2017 Listed by William Raveis R.E. & Home Services $485,000
Listed by William Raveis R.E. & Home Services
Mar 2, 2004 Sold
Premium
Sold
Aug 13, 2003 Listed by William Raveis R.E. & Home Services $399,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,512
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,809
  • Total Building Area: 1,632
  • Gross Building Area: 3,797
  • Building Area: 1,632
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,632
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANDOVER
  • Land Acres: 0000000432
  • 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:00044 B:00030 L:00000
  • Block: 30
  • Municipality: ANDOVER
  • Latitude: 42.6314
  • Longitude: -71.1161

    Address

  • Full Address: 23 Vine St
  • Address - House Number: 23
  • Address - Street Name: Vine
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C015
  • 4-Digit Zip Code: 5025
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $768,000

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 724,664
  • High Value: 837,199
  • Low Value: 612,128

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $562,200
  • Assessed Land Value: $337,100
  • Assessed Improvements Value: $225,100

    Sales

  • Current Sale Recording Date: Mar 24, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7418
  • Previous Sale Recording Date: Mar 02, 2004
  • Previous Sale Amount: $365,000
  • 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

2534 ft²

Average Home Age

73 years

Currently For Sale

1483 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72113166

Frequently Asked Questions

When was property at 23 Vine Street built and last sold?
The property at 23 Vine Street was built in 1953 and last sold on Jan 1, 1970 for $482,500.
How much is this home worth?
The estimated value of the home located at 23 Vine Street is $492,356.
What are some comparable homes to 23 Vine Street?
There are currently no comparable homes to 23 Vine Street.
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