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Essex 01810
3 Durham Dr
Photo of 3 Durham Dr
Sold on Mar 29, 2007

1

Map

$905,000
● House - Off Market

3 Durham Dr

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,600 Ft²
$1,791,111
RealtyHop Estimate
88.76%
Since Apr 1, 2007
MA-Boston
Primary Model

About This Property

Newly painted interior in this custom built 3,654 sq. ft. colonial at Watson Farm Estates.  Features 4 spacious brs, inc master w/ 2 walk in closets, tray ceiling, and huge bath w/2 person jacuzzi.  Also features step down livng rm, recently remodelled kitchen w/ cherry cabinets, marble and granite. Home office features loads of built ins and large work area.  Fabulous great room features a granite fireplace, skylites and wetbar. Also, deck, circ driveway, town water and sewer and gas.
Unit Size
3,600 Ft²
Days on Market
-
Land Size
0.76 acres
Price per sqft
$264
Property Type
House
Property Taxes
$876
HOA Dues
-
Year Built
1993

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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 #70519964)

Price History

Date / Event Date Event Price
Jul 31, 2013 Sold
Premium
Sold
Mar 29, 2007 Sold
Premium
Sold
Feb 2, 2007 Listed $948,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 2,115
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,641
  • Total Building Area: 4,394
  • Gross Building Area: 6,119
  • Building Area: 4,394
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,394
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000772
  • 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:00114 B:00001 L:0000M
  • Block: 1
  • Lot: M
  • Municipality: ANDOVER
  • Latitude: 42.6353
  • Longitude: -71.1663

    Address

  • Full Address: 3 Durham Dr
  • Address - House Number: 3
  • Address - Street Name: Durham
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Andover
  • Carrier Code: C012
  • 4-Digit Zip Code: 5500
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,618,700

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,487,159
  • High Value: 1,722,062
  • Low Value: 1,252,256

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,185,000
  • Assessed Land Value: $544,000
  • Assessed Improvements Value: $641,000

    Sales

  • Current Sale Recording Date: Jul 31, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22431
  • Previous Sale Recording Date: Mar 29, 2007
  • Previous Sale Amount: $905,000
  • 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2546 ft²

Average Home Age

73.2 years

Currently For Sale

1483 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 months ago
Data Source: MLS PIN, MLS# 70519964

Frequently Asked Questions

When was property at 3 Durham Drive built and last sold?
The property at 3 Durham Drive was built in 1993 and last sold on Jan 1, 1970 for $885,000.
How much is this home worth?
The estimated value of the home located at 3 Durham Drive is $976,133.
What are some comparable homes to 3 Durham Drive?
There are currently no comparable homes to 3 Durham Drive.
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