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Andover 01810
3 Elysian Dr
$750,000
● House - Off Market

3 Elysian Dr

Andover, MA 01810
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,519 Ft²
$4,473
Est. Monthly

About This Property

This home is a must-see, featuring 8 rooms, including 4 bedrooms and 1.5 baths. With stunning hardwood flooring throughout, a warm and inviting fireplace family room, and an enclosed 3-season porch, this home offers both style and comfort. Situated on a large private lot with spacious backyard, it also boasts a 2-car garage, a full basement with washer/dryer included, and plenty of storage space. Located in the highly regarded Bancroft/Doherty School District, this property is just minutes away from downtown Andover, with its charming restaurants, shops, and amenities, and close to the commuter rail and commuter routes. This is a fantastic buying opportunity in one of the most desirable and convenient locations!
Unit Size
1,519 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$494
Property Type
House
Property Taxes
$791
HOA Dues
-
Year Built
1967

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #73289824)

Price History

Date / Event Date Event Price
Oct 31, 2024 Sold
Premium
Sold
Sep 30, 2024 In contract -
In contract
Sep 13, 2024 Listed by RE/MAX Partners $749,900
Listed by RE/MAX Partners

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 744
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,801
  • Total Building Area: 1,519
  • Gross Building Area: 2,915
  • Building Area: 1,519
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,519
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000707
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254100

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00002 B:00174 L:00000
  • Block: 174
  • Municipality: ANDOVER
  • Latitude: 42.6684
  • Longitude: -71.1298

    Address

  • Full Address: 3 Elysian Dr
  • Address - House Number: 3
  • Address - Street Name: Elysian
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Andover
  • Carrier Code: C004
  • 4-Digit Zip Code: 1607
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $906,600
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 744,597
  • High Value: 869,938
  • Low Value: 619,256

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $663,700
  • Assessed Land Value: $417,600
  • Assessed Improvements Value: $246,100
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:

$875,000

Sale Price/ft²

$416

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2778 ft²

Average Home Age

90.8 years

Currently For Sale

23 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: 4 months ago
Data Source: MLS PIN, MLS# 73289824

Frequently Asked Questions

When was property at 3 Elysian Drive built and last sold?
The property at 3 Elysian Drive was built in 1967 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3 Elysian Drive is $750,873.
What are some comparable homes to 3 Elysian Drive?
There are currently no comparable homes to 3 Elysian Drive.
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