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Essex 01810
3 Larchmont Cir
$870,000
● House - Off Market

3 Larchmont Cir

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,900 Ft²
$4,960
Est. Monthly

About This Property

Classic Andover Colonial on sought after cul-de-sac close to High Plain and Wood Hill Schools. This well maintained home sits on a prime private lot and features 4 bedrooms all with hardwood flooring, 2.5 baths plus ample storage space. You'll find all hardwood flooring throughout, eat in kitchen with direct access to fireplace family room, renovated screen porch and deck. The living and dining rooms plus half bath and laundry completes the main level. Upstairs you'll find 4 nicely sized bedrooms with ample closet space and 2 full baths. Newer heating, hot water systems, vinyl siding, windows and roof. Easy access to commute routes, commuter rail and AVIS trails adds to this homes many features. Wonderful buying opportunity!
Unit Size
1,900 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$447
Property Type
House
Property Taxes
$786
HOA Dues
-
Year Built
1978

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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 #73170147)

Price History

Date / Event Date Event Price
Dec 29, 2023 Sold
Premium
Sold
Oct 17, 2023 In contract -
In contract
Oct 13, 2023 Listed by RE/MAX Partners $849,900
Listed by RE/MAX Partners
Dec 13, 2022 Sold
Premium
Sold
Nov 2, 2022 In contract -
In contract
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 912
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,597
  • Total Building Area: 1,900
  • Gross Building Area: 4,004
  • Building Area: 1,900
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,900
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000702
  • 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:00218 B:00001 L:0000K
  • Block: 1
  • Lot: K
  • Municipality: ANDOVER
  • Latitude: 42.6554
  • Longitude: -71.2251

    Address

  • Full Address: 3 Larchmont Cir
  • Address - House Number: 3
  • Address - Street Name: Larchmont
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Andover
  • Carrier Code: R002
  • 4-Digit Zip Code: 4228
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $943,400
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.0796
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 94
  • Final Value: 858,222
  • High Value: 926,616
  • Low Value: 789,829

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $690,600
  • Assessed Land Value: $369,700
  • Assessed Improvements Value: $320,900

    Sales

  • Current Sale Contract Date: Dec 29, 2023
  • Current Sale Recording Date: Dec 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21525
  • Previous Sale Recording Date: Dec 13, 2022
  • Previous Sale Contract Date: Dec 12, 2022
  • Previous Sale Amount: $810,000
  • Previous Sale Document Type: O
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

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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# 73170147

Frequently Asked Questions

When was property at 3 Larchmont Circle built and last sold?
The property at 3 Larchmont Circle was built in 1978 and last sold on Dec 29, 2023 for $870,000.
How much is this home worth?
The estimated value of the home located at 3 Larchmont Circle is $852,432.
What are some comparable homes to 3 Larchmont Circle?
There are currently no comparable homes to 3 Larchmont Circle.
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