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Essex 01810
3 Avery Lane
$480,000
● House - Off Market

3 Avery Lane

Andover, MA 01810
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,318 Ft²
$1,801,960
RealtyHop Estimate
271.61%
Since Feb 1, 1997
National-US
Primary Model

About This Property

WONDERFUL 10 RM COL W/MANY SPECIAL DETAILS.  TILED FOYER, MARBLE FP LR, SPACIOUS TILED KIT W/CNTR ISL. 2ND FP IN LRG FR & 3RD FP IN MSTR. MSTR ALSO INC WALK-INS, CATH CEIL, SKYLT, 3 OTHER SPACIOUS BR UP. DEN & SUNRM 1ST. BEAUT LOT.
Unit Size
4,318 Ft²
Days on Market
-
Land Size
0.78 acres
Price per sqft
$112
Property Type
House
Property Taxes
$571
HOA Dues
-
Year Built
1992

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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 #30136747)

Price History

Date / Event Date Event Price
Jan 21, 1997 Sold
Premium
Sold
Nov 16, 1996 Listed $484,900
Listed
Oct 23, 1992 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 2,492
  • Garage Type: 17
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,029
  • Total Building Area: 5,953
  • Gross Building Area: 10,874
  • Building Area: 5,953
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,953
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000781
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00228 B:00035 L:00000
  • Block: 35
  • Municipality: ANDOVER
  • Latitude: 42.6607
  • Longitude: -71.2378

    Address

  • Full Address: 3 Avery Ln
  • Address - House Number: 3
  • Address - Street Name: Avery
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Andover
  • Carrier Code: R002
  • 4-Digit Zip Code: 6402
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,717,700

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,601,819
  • High Value: 1,872,713
  • Low Value: 1,330,925

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,257,500
  • Assessed Land Value: $297,500
  • Assessed Improvements Value: $960,000

    Sales

  • Current Sale Recording Date: Jan 21, 1997
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 23, 1992
  • Previous Sale Amount: $422,500
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2525 ft²

Average Home Age

72.6 years

Currently For Sale

1492 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# 30136747

Frequently Asked Questions

When was property at 3 Avery Lane built and last sold?
The property at 3 Avery Lane was built in 1992 and last sold on Jan 1, 1970 for $480,000.
How much is this home worth?
The estimated value of the home located at 3 Avery Lane is $0.
What are some comparable homes to 3 Avery Lane?
There are currently no comparable homes to 3 Avery Lane.
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