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Essex 01810
3 Lavender Hill Lane
$277,750
● House - Off Market

3 Lavender Hill Lane

Andover, MA 01810
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,976 Ft²
$1,044,934
RealtyHop Estimate
270.54%
Since Aug 1, 1998
MA-Boston
Primary Model

About This Property

GREAT LOCATION & GREAT POTENTIAL: SPACIOUS 4 BR GARRISON W/ POOL & WALK-UP ATTIC ON CHILD-SAFE CUL-DE-SAC WALK TO AND MONTESSOR & BUS TO BOSTON. THIS "DIAMOND IN THE ROUGH" IS PRICED TO SELL!M-F AFTER 6PM.OWNER MUST BE HOME!
Unit Size
1,976 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$143
Property Type
House
Property Taxes
$349
HOA Dues
-
Year Built
1979

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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 years ago (MLSPIN #30213497)

Price History

Date / Event Date Event Price
Jul 1, 1998 Sold
Premium
Sold
Apr 3, 1998 Listed $282,000
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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: 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: 30,501
  • Total Building Area: 1,976
  • Gross Building Area: 3,821
  • Building Area: 1,976
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,976
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 38858C
  • Land Acres: 0000000700
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254301

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00082 B:00034 L:00000
  • Block: 34
  • Municipality: ANDOVER
  • Latitude: 42.6215
  • Longitude: -71.1286

    Address

  • Full Address: 3 Lavender Hill Ln
  • Address - House Number: 3
  • Address - Street Name: Lavender Hill
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Andover
  • Carrier Code: C024
  • 4-Digit Zip Code: 6103
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,049,500

    Appraisal Valuation

  • Standard Deviation: 0.1522
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 861,276
  • High Value: 992,441
  • Low Value: 730,110

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $768,300
  • Assessed Land Value: $416,600
  • Assessed Improvements Value: $351,700

    Sales

  • Current Sale Recording Date: Jun 11, 2009
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 8221
  • Previous Sale Recording Date: Jul 01, 1998
  • Previous Sale Amount: $277,750
  • Previous Sale Document Type: 48
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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2510 ft²

Average Home Age

73.3 years

Currently For Sale

1405 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30213497

Frequently Asked Questions

When was property at 3 Lavender Hill Lane built and last sold?
The property at 3 Lavender Hill Lane was built in 1979 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3 Lavender Hill Lane is $0.
What are some comparable homes to 3 Lavender Hill Lane?
There are currently no comparable homes to 3 Lavender Hill Lane.
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