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Essex 01810
3 Crestwood Drive
Photo of 3 Crestwood Drive
Sold on Mar 16, 2007

1

Map

$525,000
● House - Off Market

3 Crestwood Drive

Andover, MA 01810
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,250 Ft²
$1,037,972
RealtyHop Estimate
88.76%
Since Apr 1, 2007
MA-Boston
Primary Model

About This Property

Loaded with surprises! Expanded and beautifully updated split-level home on fine lot in ideal neighborhood...minutes to town and highways. 18' formal dining room with oak hardwood flooring, new custom granite counter kitchen with breakfast area, maple flooring and access to large deck. 4 bedrooms on main level including 19'x 16' master with walk-in fitted closet and elegant new bath. Fireplaced family room, 3 full baths, great storage space, wired for high speed internet...a unique find!
Unit Size
2,250 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$244
Property Type
House
Property Taxes
$474
HOA Dues
-
Year Built
1972

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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 #70469768)

Price History

Date / Event Date Event Price
Mar 16, 2007 Sold
Premium
Sold
Oct 4, 2006 Listed $549,900
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,808
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,158
  • Total Building Area: 2,592
  • Gross Building Area: 4,526
  • Building Area: 2,592
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,592
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRESTWOOD ESTATES
  • Land Acres: 0000000715
  • 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:00136 B:00066 L:00000
  • Block: 66
  • Municipality: ANDOVER
  • Latitude: 42.6346
  • Longitude: -71.1677

    Address

  • Full Address: 3 Crestwood Dr
  • Address - House Number: 3
  • Address - Street Name: Crestwood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Andover
  • Carrier Code: C012
  • 4-Digit Zip Code: 5534
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $952,400

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 937,126
  • High Value: 1,096,773
  • Low Value: 777,478

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $697,200
  • Assessed Land Value: $418,700
  • Assessed Improvements Value: $278,500

    Sales

  • Current Sale Recording Date: Mar 16, 2007
  • Current Sale Price:
    Premium
  • Current 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

2523 ft²

Average Home Age

72.6 years

Currently For Sale

1457 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# 70469768

Frequently Asked Questions

When was property at 3 Crestwood Drive built and last sold?
The property at 3 Crestwood Drive was built in 1972 and last sold on Jan 1, 1970 for $525,000.
How much is this home worth?
The estimated value of the home located at 3 Crestwood Drive is $569,204.
What are some comparable homes to 3 Crestwood Drive?
There are currently no comparable homes to 3 Crestwood Drive.
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