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Essex 01810
23 William Street
$475,000
● House - Off Market

23 William Street

Andover, MA 01810
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,500 Ft²
$1,727,384
RealtyHop Estimate
259.95%
Since Sep 1, 1997
National-US
Primary Model

About This Property

REVISIT DAYS GONE BY - ONE OF ANDOVERS LANDMARK BRICKS SITU- ATED ON OVER ACRE OF SPECTACULAR GROUNDS - ELEGANT FOYER W CIRCULAR STAIRS & LEADED WINDOW, SLATE ROOF, COPPER GUTTERS, SOLARIUM. LOADED W CHARM & QUALITY.FRESHLY PAINTED EXTERIOR.
Unit Size
2,500 Ft²
Days on Market
-
Land Size
1.05 acres
Price per sqft
$192
Property Type
House
Property Taxes
$425
HOA Dues
-
Year Built
1921

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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 #30170356)

Price History

Date / Event Date Event Price
Sep 28, 2021 Sold
Premium
Sold
Jun 16, 2021 Listed $1,100,000
Listed
Aug 13, 1997 Sold
Premium
Sold
Jun 19, 1997 Listed $479,900
Listed
Jul 30, 1993 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,311
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 46,130
  • Total Building Area: 3,845
  • Gross Building Area: 5,687
  • Building Area: 3,845
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 3,845
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001059
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254100

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00052 B:00117 L:00000
  • Block: 117
  • Municipality: ANDOVER
  • Latitude: 42.6748
  • Longitude: -71.1562

    Address

  • Full Address: 23 William St
  • Address - House Number: 23
  • Address - Street Name: William
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C010
  • 4-Digit Zip Code: 2547
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,525,000

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,250,604
  • High Value: 1,463,987
  • Low Value: 1,037,221

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,116,400
  • Assessed Land Value: $558,000
  • Assessed Improvements Value: $558,400

    Sales

  • Current Sale Contract Date: Sep 22, 2021
  • Current Sale Recording Date: Sep 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32289
  • Previous Sale Recording Date: Aug 13, 1997
  • Previous Sale Amount: $475,000
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2473 ft²

Average Home Age

73.2 years

Currently For Sale

1400 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# 30170356

Frequently Asked Questions

When was property at 23 William Street built and last sold?
The property at 23 William Street was built in 1921 and last sold on Sep 22, 2021 for $1,125,000.
How much is this home worth?
The estimated value of the home located at 23 William Street is $0.
What are some comparable homes to 23 William Street?
There are currently no comparable homes to 23 William Street.
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