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Essex 01810
3 Granada Way
$599,900
● House - Off Market

3 Granada Way

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,415 Ft²
$1,191,401
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model

About This Property

Beautifully renovated 4BR, 2.5BA Colonial, on a cul-de-sac in desirable High Plain/Wood Hill district. New gourmet kitchen with granite, stainless, glass tiles and great counter/storage space. Spacious living, family and dining rooms. New sunroom with deck access. Master suite with spa bath-glass tile shower and rain fall shower head. 3 Additional bedrooms and full bath on 2nd floor. Finished LL with new carpeting, 2 car garage with new doors/openers. New septic system, irrigation & more!
Unit Size
2,415 Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$248
Property Type
House
Property Taxes
$636
HOA Dues
-
Year Built
1977

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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 #71487803)

Price History

Date / Event Date Event Price
May 15, 2013 Sold
Premium
Sold
Mar 1, 2013 Listed by Coldwell Banker Residential Brokerage - Andover $599,900
Listed by Coldwell Banker Residential Brokerage - Andover
Mar 31, 2011 Sold
Premium
Sold
Dec 9, 2010 Listed by Coldwell Banker Residential Brokerage - Andover $399,900
Listed by Coldwell Banker Residential Brokerage - Andover

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 1,300
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,569
  • Total Building Area: 3,030
  • Gross Building Area: 3,960
  • Building Area: 3,030
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 3,030
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANDOVER
  • Land Acres: 0000000679
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254402

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00224 B:00014 L:00000
  • Block: 14
  • Municipality: ANDOVER
  • Latitude: 42.6602
  • Longitude: -71.2294

    Address

  • Full Address: 3 Granada Way
  • Address - House Number: 3
  • Address - Street Name: Granada
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Andover
  • Carrier Code: R002
  • 4-Digit Zip Code: 4201
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,113,000

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,076,199
  • High Value: 1,259,824
  • Low Value: 892,573

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $814,800
  • Assessed Land Value: $477,900
  • Assessed Improvements Value: $336,900

    Sales

  • Current Sale Recording Date: May 15, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Mar 31, 2011
  • Previous Sale Amount: $406,300
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71487803

Frequently Asked Questions

When was property at 3 Granada Way built and last sold?
The property at 3 Granada Way was built in 1977 and last sold on Jan 1, 1970 for $599,900.
How much is this home worth?
The estimated value of the home located at 3 Granada Way is $619,306.
What are some comparable homes to 3 Granada Way?
There are currently no comparable homes to 3 Granada Way.
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