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Essex 01810
29 Topping Rd
$415,000
● House - Off Market

29 Topping Rd

Andover, MA 01810
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
896 Ft²
$563,636
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Great opportunity to live in desirable sought after neighborhood. This newly renovated 2 to 3 bedroom home offers a large kitchen with new cabinets and granite countertops, 2 bathrooms, large living Room, potentially 3rd bedroom along with 3 season porch all on the 1st floor, 2nd level includes 2 Bedrooms with large closets and Built-in cabinets. Home also features vinyl, siding vinyl replacement windows, young architectural shingle roof, two-year-old furnace and hot water heater, large level lot features plenty of parking with double car garage and attached enclosed porch.
Unit Size
896 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$479
Property Type
House
Property Taxes
$396
HOA Dues
-
Year Built
1922

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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 years ago (MLSPIN #72741200)

Price History

Date / Event Date Event Price
Dec 11, 2020 Sold
Premium
Sold
Oct 10, 2020 Listed by Harbor View Real Estate Corp. $429,000
Listed by Harbor View Real Estate Corp.
Aug 13, 2020 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 646
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,070
  • Total Building Area: 896
  • Gross Building Area: 1,960
  • Building Area: 896
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 896
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000162
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254100

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00051 B:00119 L:00000
  • Block: 119
  • Municipality: ANDOVER
  • Latitude: 42.6784
  • Longitude: -71.158

    Address

  • Full Address: 29 Topping Rd
  • Address - House Number: 29
  • Address - Street Name: Topping
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: C010
  • 4-Digit Zip Code: 1318
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $573,300

    Appraisal Valuation

  • Standard Deviation: 0.1812
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 483,952
  • High Value: 571,674
  • Low Value: 396,229

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $419,700
  • Assessed Land Value: $212,000
  • Assessed Improvements Value: $207,700

    Sales

  • Current Sale Contract Date: Dec 04, 2020
  • Current Sale Recording Date: Dec 11, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 35456
  • Previous Sale Recording Date: Aug 13, 2020
  • Previous Sale Contract Date: Aug 13, 2020
  • Previous Sale Amount: $335,000
  • Previous Sale Document Type: O
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

2533 ft²

Average Home Age

72.6 years

Currently For Sale

1471 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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Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72741200

Frequently Asked Questions

When was property at 29 Topping Road built and last sold?
The property at 29 Topping Road was built in 1922 and last sold on Dec 4, 2020 for $415,000.
How much is this home worth?
The estimated value of the home located at 29 Topping Road is $0.
What are some comparable homes to 29 Topping Road?
There are currently no comparable homes to 29 Topping Road.
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