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Essex 01810
3 Blackberry Lane
$598,250
● House - Off Market

3 Blackberry Lane

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,166 Ft²
$1,125,194
RealtyHop Estimate
75.84%
Since Oct 1, 2005
MA-Boston
Primary Model

About This Property

Location, Location, Location! One of Andover's nicest family neighborhoods can be yours! This home enjoys a child friendly street near the highly desirable South Elementary School. Experience this roomy, comfortable four bedroom colonial that is waiting for your TLC and personal updates. Owner has recently connected to town sewer and will pay off the remaining town sewer betterment at closing. Owner is also prepared to provide a concession of $10,000 for siding replacement.
Unit Size
2,166 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$295
Property Type
House
Property Taxes
$497
HOA Dues
-
Year Built
1984

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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 #70216418)

Price History

Date / Event Date Event Price
Sep 28, 2005 Sold
Premium
Sold
Jun 15, 2005 Listed by AMC Properties $639,900
Listed by AMC Properties

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 6
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,064
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,351
  • Total Building Area: 2,166
  • Gross Building Area: 4,046
  • Building Area: 2,166
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,166
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TEA LT ESTATES
  • Land Acres: 0000000467
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254301

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00119 B:00139 L:00000
  • Block: 139
  • Municipality: ANDOVER
  • Latitude: 42.6265
  • Longitude: -71.145

    Address

  • Full Address: 3 Blackberry Ln
  • Address - House Number: 3
  • Address - Street Name: Blackberry
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Andover
  • Carrier Code: C014
  • 4-Digit Zip Code: 4862
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,053,700

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 840,480
  • High Value: 983,886
  • Low Value: 697,074

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $771,400
  • Assessed Land Value: $381,700
  • Assessed Improvements Value: $389,700

    Sales

  • Current Sale Recording Date: Sep 28, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 37019
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

Unit for rent at 23 Florence, Andover, 01810

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
23 Florence, Andover, 01810 Listing by Julie Ratte

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70216418

Frequently Asked Questions

When was property at 3 Blackberry Lane built and last sold?
The property at 3 Blackberry Lane was built in 1984 and last sold on Jan 1, 1970 for $598,250.
How much is this home worth?
The estimated value of the home located at 3 Blackberry Lane is $651,872.
What are some comparable homes to 3 Blackberry Lane?
There are currently no comparable homes to 3 Blackberry Lane.
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