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Essex 01810
3 Ferndale Avenue
$309,000
● House - Off Market

3 Ferndale Avenue

Andover, MA 01810
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,608 Ft²
$674,109
RealtyHop Estimate
114.68%
Since Aug 1, 2012
National-US
Primary Model

About This Property

New to the market. A charming 3 bedroom, 2 bath Shawsheen bungalow. This charming home features period details throughout including stained glass windows, pocket doors, fireplace and original oak woodwork to name just a few. The updated kitchen has custom cabinets, granite countertops and beautiful stainless steel appliances. 3 well proportioned br's upstairs and a newer master bath makes this the ideal layout. Convenient commuter location & only 200 yards to Shawsheen Elementary school!
Unit Size
1,608 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$195
Property Type
House
Property Taxes
$329
HOA Dues
-
Year Built
1914

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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: 5 months ago (MLSPIN #71355375)

Price History

Date / Event Date Event Price
Jul 26, 2012 Sold
Premium
Sold
Mar 22, 2012 Listed by Prudential Howe & Doherty $314,000
Listed by Prudential Howe & Doherty

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • 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: 1,072
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,879
  • Total Building Area: 1,608
  • Gross Building Area: 3,809
  • Building Area: 1,608
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,608
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAKHURST KNOLLS
  • Land Acres: 0000000112
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00051 B:00034 L:00000
  • Block: 34
  • Municipality: ANDOVER
  • Latitude: 42.6776
  • Longitude: -71.153

    Address

  • Full Address: 3 Ferndale Ave
  • Address - House Number: 3
  • Address - Street Name: Ferndale
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Andover
  • Carrier Code: C010
  • 4-Digit Zip Code: 2606
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $647,600

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 583,884
  • High Value: 686,433
  • Low Value: 481,336

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $474,100
  • Assessed Land Value: $268,300
  • Assessed Improvements Value: $205,800

    Sales

  • Current Sale Recording Date: Jul 26, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000002
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

2541 ft²

Average Home Age

72.9 years

Currently For Sale

1497 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# 71355375

Frequently Asked Questions

When was property at 3 Ferndale Avenue built and last sold?
The property at 3 Ferndale Avenue was built in 1914 and last sold on Jan 1, 1970 for $309,000.
How much is this home worth?
The estimated value of the home located at 3 Ferndale Avenue is $334,122.
What are some comparable homes to 3 Ferndale Avenue?
There are currently no comparable homes to 3 Ferndale Avenue.
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