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Essex 01810
26 River St
$800,000
● House - Off Market

26 River St

Andover, MA 01810
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,448 Ft²
$832,938
RealtyHop Estimate
-0.72%
Since Sep 1, 2023
MA-Boston
Primary Model

About This Property

Come see this beautiful Single Family located in a highly desirable area!  This spacious home is brimming with charm and delightful details. Prepare to be amazed as soon as you step into the center entrance foyer, flanked by a formal living room and 2 dining rooms.  This house consists of 5 generously sized bedrooms with 2.5 bathrooms.  There is an extra office/multipurpose room on the 1st level.  Bright and sunny kitchen with newer appliances and butcher block countertops.  The attached garage provides added convenience. The inviting backyard is perfect for entertaining guests and relaxing. Property line extends beyond the fence for future use. Conveniently located within a short distance to schools, playgrounds, commuter rail and easy access to highways. Don't miss out on this great opportunity!
Unit Size
2,448 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$343
Property Type
House
Property Taxes
$722
HOA Dues
-
Year Built
1807

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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 #73124865)

Price History

Date / Event Date Event Price
Aug 31, 2023 Sold
Premium
Sold
Jul 23, 2023 In contract -
In contract
Jun 14, 2023 Listed by MP Signature Realty LLC $839,000
Listed by MP Signature Realty LLC
Aug 25, 2020 Sold
Premium
Sold
Jun 2, 2020 Listed by MP Signature Realty LLC $549,999
Listed by MP Signature Realty LLC
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1807
  • Effective Year Built: 1807
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 1,296
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 2,448
  • Gross Building Area: 4,352
  • Building Area: 2,448
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,448
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: J PUTNAM BRADLEE
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254301

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00139 B:00064 L:00000
  • Block: 64
  • Municipality: ANDOVER
  • Latitude: 42.6242
  • Longitude: -71.1577

    Address

  • Full Address: 26 River St
  • Address - House Number: 26
  • Address - Street Name: River
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C018
  • 4-Digit Zip Code: 5908
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $865,800

    Appraisal Valuation

  • Standard Deviation: 0.208
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 813,062
  • High Value: 982,231
  • Low Value: 643,893

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $633,800
  • Assessed Land Value: $316,300
  • Assessed Improvements Value: $317,500

    Sales

  • Current Sale Contract Date: Aug 31, 2023
  • Current Sale Recording Date: Aug 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14372
  • Previous Sale Recording Date: Aug 25, 2020
  • Previous Sale Contract Date: Aug 20, 2020
  • Previous Sale Amount: $523,500
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73124865

Frequently Asked Questions

When was property at 26 River Street built and last sold?
The property at 26 River Street was built in 1807 and last sold on Aug 31, 2023 for $800,000.
How much is this home worth?
The estimated value of the home located at 26 River Street is $827,661.
What are some comparable homes to 26 River Street?
There are currently no comparable homes to 26 River Street.
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