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Andover 01810
3 Downing St
$460,000
● House - Off Market

3 Downing St

Andover, MA 01810
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,464 Ft²
$919,890
RealtyHop Estimate
91.68%
Since Jul 1, 2013
MA-Boston
Primary Model

About This Property

CHARMING RANCH WITH ATTACHED 2 CAR GARAGE, EASY COMMUTE TO HIGHWAYS &  IN-TOWN LOCATION. Heated SunRm w/cathedral ceiling & sliders going out to oversized deck overlooking level fenced-in yard. Light & bright kitchen w/neutral colors & newer backsplash. HW floors in all BR's, LR & DR. Open LR w/bay window & FP. Newer master & common baths w/neutral tile. Finished walk-out LL w/wet bar, 2nd FP, bath & laundry. C/A, newer windows, sprinkler system & vinyl siding make this home low maintenance.
Unit Size
1,464 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$328
Property Type
House
Property Taxes
$471
HOA Dues
-
Year Built
1964

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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 months ago (MLSPIN #71511093)

Price History

Date / Event Date Event Price
Jun 5, 2013 Sold
Premium
Sold
Apr 17, 2013 Listed by Prudential Howe & Doherty $479,900
Listed by Prudential Howe & Doherty
Sep 7, 2005 Sold
Premium
Sold
Jun 17, 2005 Listed by Prudential Howe & Doherty $524,900
Listed by Prudential Howe & Doherty
Apr 18, 1997 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,248
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,759
  • Total Building Area: 2,650
  • Gross Building Area: 3,926
  • Building Area: 2,650
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,650
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000408
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254200

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00004 B:00085 L:00000
  • Block: 85
  • Municipality: ANDOVER
  • Latitude: 42.6613
  • Longitude: -71.1195

    Address

  • Full Address: 3 Downing St
  • Address - House Number: 3
  • Address - Street Name: Downing
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C008
  • 4-Digit Zip Code: 1816
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $887,800

    Appraisal Valuation

  • Standard Deviation: 0.155
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 793,677
  • High Value: 916,764
  • Low Value: 670,589

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $649,900
  • Assessed Land Value: $376,500
  • Assessed Improvements Value: $273,400

    Sales

  • Current Sale Recording Date: Jun 05, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16005
  • Previous Sale Recording Date: Sep 07, 2005
  • Previous Sale Amount: $524,400
  • 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 Andover

Stats & Trends

Median Asking:

$872,500

Sale Price/ft²

$417

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2753 ft²

Average Home Age

84.5 years

Currently For Sale

21 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71511093

Frequently Asked Questions

When was property at 3 Downing Street built and last sold?
The property at 3 Downing Street was built in 1964 and last sold on Jan 1, 1970 for $460,000.
How much is this home worth?
The estimated value of the home located at 3 Downing Street is $495,066.
What are some comparable homes to 3 Downing Street?
There are currently no comparable homes to 3 Downing Street.
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