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Essex 01810
3 Old Schoolhouse Rd
$799,900
● House - Off Market

3 Old Schoolhouse Rd

Andover, MA 01810
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,462 Ft²
$1,060,265
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Well maintained classic Andover Colonial on a quiet cul-de-sac in the High Plain/Wood Hill School district. This home features a new eat in kitchen with white cabinetry, granite counters, tile backsplash and update appliances. A family room with fireplace is adjacent and offers access to a rear porch overlooking a private lot with an in-ground pool. Upstairs you'll find 4 spacious bedrooms with ample closet space, 2 updated full baths and hardwood flooring. The lower level features an exercise room or play room , new utilities and extra storage. Excellent opportunity to own a quality home in a sought after neighborhood!
Unit Size
2,462 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$325
Property Type
House
Property Taxes
$803
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: 5 years ago (MLSPIN #72732965)

Price History

Date / Event Date Event Price
Nov 25, 2020 Sold
Premium
Sold
Sep 25, 2020 Listed by William Raveis R.E. & Home Services $799,900
Listed by William Raveis R.E. & Home Services
Aug 8, 2003 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • 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: 1,272
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,462
  • Total Building Area: 2,462
  • Gross Building Area: 3,696
  • Building Area: 2,462
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,462
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000699
  • 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:00225 B:00006 L:0000F
  • Block: 6
  • Lot: F
  • Municipality: ANDOVER
  • Latitude: 42.6566
  • Longitude: -71.2332

    Address

  • Full Address: 3 Old Schoolhouse Rd
  • Address - House Number: 3
  • Address - Street Name: Old Schoolhouse
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: R002
  • 4-Digit Zip Code: 4226
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,109,200

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,027,441
  • High Value: 1,202,747
  • Low Value: 852,135

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $812,000
  • Assessed Land Value: $481,100
  • Assessed Improvements Value: $330,900

    Sales

  • Current Sale Contract Date: Nov 13, 2020
  • Current Sale Recording Date: Nov 25, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 33647
  • Previous Sale Recording Date: Aug 08, 2003
  • Previous Sale Amount: $570,000
  • 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:

$699,500

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2546 ft²

Average Home Age

72.5 years

Currently For Sale

1487 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72732965

Frequently Asked Questions

When was property at 3 Old School House Road built and last sold?
The property at 3 Old School House Road was built in 1977 and last sold on Nov 13, 2020 for $799,900.
How much is this home worth?
The estimated value of the home located at 3 Old School House Road is $0.
What are some comparable homes to 3 Old School House Road?
There are currently no comparable homes to 3 Old School House Road.
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