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Essex 01810
24 William Street
$1,200,000
● House - Off Market

24 William Street

Andover, MA 01810
bedrooms
6 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4,704 Ft²
$1,782,972
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

SUNDAY MARCH 7TH 12:00-1:30  Outstanding home in one of the most prestigious neighborhoods near The Andover Country Club. Magnificent estate setting on 2.29 acres consisting of an elegant 12 room Tudor on park like land, one of the area's premier constructed clay tennis court, in- ground pool and cabana. Originally built in 1927, this home has been lovingly maintained and updated throughout the years. Grand foyer meets graceful winding staircase, beautifully appointed living room with fine architectural detailing throughout. Updated kitchen, separate breakfast room, entertainment size dining room, glorious 4 season sun room overlooking the grounds. Six plus bedrooms on the 2nd and 3rd floors, excellent space! Experience the lifestyle this property offers.
Unit Size
4,704 Ft²
Days on Market
-
Land Size
2.29 acres
Price per sqft
$319
Property Type
House
Property Taxes
$1,298
HOA Dues
-
Year Built
1927

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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 #72624085)

Price History

Date / Event Date Event Price
Nov 18, 2021 Sold
Premium
Sold
May 5, 2021 Sold
Premium
Sold
Feb 26, 2020 Listed by Unlimited Sotheby's International Realty $1,499,000
Listed by Unlimited Sotheby's International Realty

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 3
  • Basement Area: 2,248
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,730
  • Total Building Area: 4,267
  • Gross Building Area: 8,107
  • Building Area: 4,267
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 4,267
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000476
  • 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:00109 L:00000
  • Block: 109
  • Municipality: ANDOVER
  • Latitude: 42.6744
  • Longitude: -71.156

    Address

  • Full Address: 24 William St
  • Address - House Number: 24
  • Address - Street Name: William
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C010
  • 4-Digit Zip Code: 2549
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,549,000

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,172,731
  • High Value: 1,372,125
  • Low Value: 973,337

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,134,000
  • Assessed Land Value: $469,500
  • Assessed Improvements Value: $664,500

    Sales

  • Current Sale Contract Date: Nov 17, 2021
  • Current Sale Recording Date: Nov 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 38019
  • Previous Sale Recording Date: May 05, 2021
  • Previous Sale Contract Date: May 04, 2021
  • Previous Sale Amount: $1,200,000
  • 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

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

Rentals Near You

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72624085

Frequently Asked Questions

When was property at 24 William Street built and last sold?
The property at 24 William Street was built in 1927 and last sold on Nov 17, 2021 for $825,000.
How much is this home worth?
The estimated value of the home located at 24 William Street is $0.
What are some comparable homes to 24 William Street?
There are currently no comparable homes to 24 William Street.
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