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Andover 01810
23 Washington Street
$249,900
● House - Off Market

23 Washington Street

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,769 Ft²
$1,092,374
RealtyHop Estimate
337.12%
Since Jul 1, 1996
MA-Boston
Primary Model

About This Property

WONDERFULLY MAINTAINED IN-TOWN COLONIAL, NEW CUSTOM CHERRY KITCHEN & FAMILY ROOM ADDITION WITH 8' SLIDER TO DECK ARE ONLY A FEW OF THE SPECIAL FEATURES. OWNERS WOULD LIKE TO HAVE 30 DAYS TO FIND ALTERNATE HOUSING. MID-JUNE CLOSING.
Unit Size
1,769 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$141
Property Type
House
Property Taxes
$230
HOA Dues
-
Year Built
1930

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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 years ago (MLSPIN #30093533)

Price History

Date / Event Date Event Price
Jul 7, 2004 Sold
Premium
Sold
Jun 28, 1996 Sold
Premium
Sold
Mar 11, 1996 Listed $249,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 1
  • 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: 1,086
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,471
  • Total Building Area: 2,152
  • Gross Building Area: 3,534
  • Building Area: 2,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,152
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000332
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254200

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00021 B:00073 L:00000
  • Block: 73
  • Municipality: ANDOVER
  • Latitude: 42.6608
  • Longitude: -71.1338

    Address

  • Full Address: 23 Washington Ave
  • Address - House Number: 23
  • Address - Street Name: Washington
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Andover
  • Carrier Code: C011
  • 4-Digit Zip Code: 1723
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,015,800

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 860,951
  • High Value: 1,007,827
  • Low Value: 714,074

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $743,600
  • Assessed Land Value: $442,400
  • Assessed Improvements Value: $301,200

    Sales

  • Current Sale Recording Date: Jul 07, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 29874
  • Previous Sale Recording Date: Jun 28, 1996
  • Previous Sale Amount: $249,900
  • 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 Andover

Stats & Trends

Median Asking:

$899,900

Sale Price/ft²

$423

Below Asking

0.01%

Average Days on Market

50

Average Home Size

3092 ft²

Average Home Age

75.8 years

Currently For Sale

17 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: 4 years ago
Data Source: MLS PIN, MLS# 30093533

Frequently Asked Questions

When was property at 23 Washington Avenue built and last sold?
The property at 23 Washington Avenue was built in 1930 and last sold on Jan 1, 1970 for $440,000.
How much is this home worth?
The estimated value of the home located at 23 Washington Avenue is $277,991.
What are some comparable homes to 23 Washington Avenue?
There are currently no comparable homes to 23 Washington Avenue.
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