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Essex 01810
260 Beacon Street
$499,900
● House - Off Market

260 Beacon Street

Andover, MA 01810
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,800 Ft²
$714,863
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

Always wanted to live in Andover? Check out this great value! What a location, just minutes to RT 93 and Rt 495. Move-in ready center entrance colonial; foyer leads to front-to-back living room. Formal dining room. Gleaming hardwood floors. Large eat-in Kitchen with plenty of counter space, leads to attached 2 car garage. First floor laundry and 1/2 bath with ceramic tile flooring. Updated baths! Three large bedrooms on second floor. Central Air. Walkout full basement. So many great features! Plenty of space for everyone. Quick closing available.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.87 acres
Price per sqft
$278
Property Type
House
Property Taxes
$630
HOA Dues
-
Year Built
1993

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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: 5 months ago (MLSPIN #72519850)

Price History

Date / Event Date Event Price
Mar 19, 2020 Sold
Premium
Sold
Jun 16, 2019 Listed by Berkshire Hathaway HomeServices Verani Realty $499,900
Listed by Berkshire Hathaway HomeServices Verani Realty
Dec 22, 2006 Sold
Premium
Sold
Apr 9, 2006 Listed by Berkshire Hathaway HomeServices Verani Realty $399,900
Listed by Berkshire Hathaway HomeServices Verani Realty
Mar 29, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 38,002
  • Total Building Area: 1,800
  • Gross Building Area: 3,220
  • Building Area: 1,800
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,800
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000872
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00086 B:00005 L:0000E
  • Block: 5
  • Lot: E
  • Municipality: ANDOVER
  • Latitude: 42.6773
  • Longitude: -71.1727

    Address

  • Full Address: 260 Beacon St
  • Address - House Number: 260
  • Address - Street Name: Beacon
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C007
  • 4-Digit Zip Code: 1327
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $879,700

    Appraisal Valuation

  • Standard Deviation: 0.2195
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 697,940
  • High Value: 851,192
  • Low Value: 544,689

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $644,000
  • Assessed Land Value: $335,100
  • Assessed Improvements Value: $308,900

    Sales

  • Current Sale Contract Date: Mar 18, 2020
  • Current Sale Recording Date: Mar 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6839
  • Previous Sale Recording Date: Dec 22, 2006
  • Previous Sale Amount: $385,000
  • 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2506 ft²

Average Home Age

73.2 years

Currently For Sale

1507 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: 5 months ago
Data Source: MLS PIN, MLS# 72519850

Frequently Asked Questions

When was property at 260 Beacon Street built and last sold?
The property at 260 Beacon Street was built in 1993 and last sold on Mar 18, 2020 for $499,900.
How much is this home worth?
The estimated value of the home located at 260 Beacon Street is $512,926.
What are some comparable homes to 260 Beacon Street?
There are currently no comparable homes to 260 Beacon Street.
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