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Andover 01810
27 Summer Street
Photo of 27 Summer Street
Sold on Nov 25, 2008

1

Map

$615,000
● House - Off Market

27 Summer Street

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,509 Ft²
$1,315,742
RealtyHop Estimate
109.18%
Since Dec 1, 2008
MA-Boston
Primary Model

About This Property

Walk to town & train. Charm & character await you in this c1740 Historic Colonial-a wonderful combination of historic detail & modern ammenities. Open concept 10 rm, 4 bdrm home is exceptionally light & bright w/lrge windows, skylights & cathedral ceilings. It sits on a private 1.4A picturesque lot featuring stone walls, meandering stream, playing field & in-ground pool & cabana. There is room for all:computer rm, great rm, formal LR, & "cook's" kitchen which opens to the FR w/vws of the pool.
Unit Size
2,509 Ft²
Days on Market
-
Land Size
1.40 acres
Price per sqft
$251
Property Type
House
Property Taxes
$701
HOA Dues
-
Year Built
1740

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70822922)

Price History

Date / Event Date Event Price
Nov 25, 2008 Sold
Premium
Sold
Sep 18, 2008 Listed $629,000
Listed
Nov 9, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1740
  • Effective Year Built: 1740
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,838
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 60,984
  • Total Building Area: 3,229
  • Gross Building Area: 5,805
  • Building Area: 3,229
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,229
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001400
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254200

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00039 B:00150 L:00000
  • Block: 150
  • Municipality: ANDOVER
  • Latitude: 42.6585
  • Longitude: -71.1349

    Address

  • Full Address: 27 Summer St
  • Address - House Number: 27
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C008
  • 4-Digit Zip Code: 3626
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,418,200

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,192,147
  • High Value: 1,393,759
  • Low Value: 990,535

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,038,200
  • Assessed Land Value: $563,000
  • Assessed Improvements Value: $475,200

    Sales

  • Current Sale Recording Date: Nov 25, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 30197
  • Previous Sale Recording Date: Nov 09, 1994
  • Previous Sale Amount: $339,000
  • 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 Andover

Stats & Trends

Median Asking:

$899,900

Sale Price/ft²

$416

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2602 ft²

Average Home Age

86.7 years

Currently For Sale

20 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70822922

Frequently Asked Questions

When was property at 27 Summer Street built and last sold?
The property at 27 Summer Street was built in 1740 and last sold on Jan 1, 1970 for $615,000.
How much is this home worth?
The estimated value of the home located at 27 Summer Street is $656,201.
What are some comparable homes to 27 Summer Street?
There are currently no comparable homes to 27 Summer Street.
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