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Essex 01810
3 Harwich Lane
$943,500
● House - Off Market

3 Harwich Lane

Andover, MA 01810
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,700 Ft²
$2,123,281
RealtyHop Estimate
112.54%
Since May 1, 2012
MA-Boston
Primary Model

About This Property

Under construction.  Last home to be built in private six lot cul-de-sac.  Still time to make your own selections.  Home features open foyer with gracious circular staircase, open concept floor plan, family style kitchen with wood cabinets and granite countertops.  Attached triple stall garage, flat wooded lot.  Easy access to Route 125.
Unit Size
3,700 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$270
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2011

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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: 5 months ago (MLSPIN #71311521)

Price History

Date / Event Date Event Price
Apr 20, 2012 Sold
Premium
Sold
Nov 15, 2011 Listed by Cormier Properties $999,000
Listed by Cormier Properties

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,656
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,000
  • Total Building Area: 3,708
  • Gross Building Area: 7,490
  • Building Area: 3,708
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,708
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANDOVER
  • Land Acres: 0000000689
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254302

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00044 B:00033 L:0000A
  • Block: 33
  • Lot: A
  • Municipality: ANDOVER
  • Latitude: 42.6306
  • Longitude: -71.1176

    Address

  • Full Address: 3 Harwich Ln
  • Address - House Number: 3
  • Address - Street Name: Harwich
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Andover
  • Carrier Code: C015
  • 4-Digit Zip Code: 5043
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,827,700

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,489,363
  • High Value: 1,743,483
  • Low Value: 1,235,242

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,338,000
  • Assessed Land Value: $491,200
  • Assessed Improvements Value: $846,800

    Sales

  • Current Sale Recording Date: Apr 20, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000001
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

2506 ft²

Average Home Age

73.2 years

Currently For Sale

1507 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# 71311521

Frequently Asked Questions

When was property at 3 Harwich Lane built and last sold?
The property at 3 Harwich Lane was built in 2011 and last sold on Jan 1, 1970 for $943,500.
How much is this home worth?
The estimated value of the home located at 3 Harwich Lane is $1,025,689.
What are some comparable homes to 3 Harwich Lane?
There are currently no comparable homes to 3 Harwich Lane.
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