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Essex 01810
25 Boardwalk Drive
$584,900
● House - Off Market

25 Boardwalk Drive

Andover, MA 01810
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,017 Ft²
$984,083
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

NEW CONSTRUCTION JUST RELEASED! Phase II of Northfield Commons at Andover. Charming single family homes with first floor open concept living. Vaulted entryway leads to designer kitchen with SS appliances, and flows to dining/living areas that extends to the exterior deck. Master suite, two additional bedrooms and office located on second floor. Phase II will include 24 free-standing townhomes and single family homes in a beautiful setting located minutes to Rt. 93 and an exit away from Rt. 495. Widely regarded for its high quality schools and community spirit, Andover has evolved into a highly desirable community ... if you already live here, you know that ... if you don't ... welcome to Andover and welcome to your new home - just waiting for your selections! SALES OFFICE OPEN Friday-Sunday, 11-3 and by appointment.
Unit Size
2,017 Ft²
Days on Market
-
Land Size
14.60 acres
Price per sqft
$290
Property Type
House
Property Taxes
-
HOA Dues
$280
Year Built
2016

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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 #72025479)

Price History

Date / Event Date Event Price
Dec 8, 2016 Sold
Premium
Sold
Jun 18, 2016 Listed by StreamLine Communities - Andover $584,900
Listed by StreamLine Communities - Andover

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 848
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 2,540
  • Gross Building Area: 3,492
  • Building Area: 2,540
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,540
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Standard Land Use Code: 1004
  • County Land Use Code: 102

Neighborhood

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

Zoning

  • Zoning: SRC

Geography

  • Account Number: 27833
  • Parcel: ANDO M:00128 B:00031 L:00052
  • Block: 31
  • Lot: 52
  • Municipality: ANDOVER
  • Latitude: 42.681
  • Longitude: -71.1895

    Address

  • Full Address: 25 Boardwalk Dr
  • Address - House Number: 25
  • Address - Street Name: Boardwalk
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Andover
  • Carrier Code: C013
  • 4-Digit Zip Code: 4338
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $971,800

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 863,620
  • High Value: 1,000,032
  • Low Value: 727,207

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $711,400
  • Assessed Improvements Value: $711,400

    Sales

  • Current Sale Recording Date: Dec 08, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32731

    Financing

  • First Mortgage Financing Type: UNK
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

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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# 72025479

Frequently Asked Questions

When was property at 25 Boardwalk Drive built and last sold?
The property at 25 Boardwalk Drive was built in 2016 and last sold on Jan 1, 1970 for $584,900.
How much is this home worth?
The estimated value of the home located at 25 Boardwalk Drive is $602,390.
What are some comparable homes to 25 Boardwalk Drive?
There are currently no comparable homes to 25 Boardwalk Drive.
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