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Essex 01810
29 Algonquin Avenue
$685,000
● House - Off Market

29 Algonquin Avenue

Andover, MA 01810
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,950 Ft²
$1,455,208
RealtyHop Estimate
107.92%
Since Nov 1, 2009
MA-Boston
Primary Model

About This Property

Location, Location, Location!!  Indian Ridge C.C. Beautiful updated 4 bedroom, 3 1/2 bath comtemporary colonial.  Huge granite kitchen, gas fireplace in familyroom with built-ins, solarium, porcelain tile in foyer, finished lower level playroom with full bath.  All hardwood and tile throughout.  Professionaly landscaped, sprinkler system, and two tier deck.  Great family neighborhood.  This beautiful home is priced to sell!!
Unit Size
3,950 Ft²
Days on Market
-
Land Size
0.75 acres
Price per sqft
$177
Property Type
House
Property Taxes
$748
HOA Dues
-
Year Built
1978

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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 #70779425)

Price History

Date / Event Date Event Price
Oct 21, 2009 Sold
Premium
Sold
Jun 18, 2008 Listed by Boardwalk Real Estate $699,900
Listed by Boardwalk Real Estate

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • 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: 1,692
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,513
  • Total Building Area: 3,402
  • Gross Building Area: 5,295
  • Building Area: 3,402
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,402
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIAN RDG ESTATES
  • Land Acres: 0000000746
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254403

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00135 B:00027 L:00000
  • Block: 27
  • Municipality: ANDOVER
  • Latitude: 42.6392
  • Longitude: -71.1716

    Address

  • Full Address: 29 Algonquin Ave
  • Address - House Number: 29
  • Address - Street Name: Algonquin
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Andover
  • Carrier Code: C012
  • 4-Digit Zip Code: 5527
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,454,000

    Appraisal Valuation

  • Standard Deviation: 0.1551
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,339,146
  • High Value: 1,546,872
  • Low Value: 1,131,421

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,064,400
  • Assessed Land Value: $558,600
  • Assessed Improvements Value: $505,800

    Sales

  • Current Sale Recording Date: Oct 21, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 30310
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

2546 ft²

Average Home Age

73.2 years

Currently For Sale

1483 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 years ago
Data Source: MLS PIN, MLS# 70779425

Frequently Asked Questions

When was property at 29 Algonquin Avenue built and last sold?
The property at 29 Algonquin Avenue was built in 1978 and last sold on Jan 1, 1970 for $685,000.
How much is this home worth?
The estimated value of the home located at 29 Algonquin Avenue is $0.
What are some comparable homes to 29 Algonquin Avenue?
There are currently no comparable homes to 29 Algonquin Avenue.
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