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Essex 01810
3 Orchard Street
$365,000
● House - Off Market

3 Orchard Street

Andover, MA 01810
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,910 Ft²
$1,560,783
RealtyHop Estimate
316.32%
Since Jun 1, 1997
MA-Boston
Primary Model

About This Property

CHARMING,TRADITIONAL,CNTR ENTR. COL. FEAT. A 2-STRY FOYER,LRGE BR'S,SITT. AREA OFF MSTR,HW FLRS THRUOUT 2 FRPLCS,3-SEAS PRCH,CLOSE TO TOWN LOC. &IG POOL; IMPECCABLY MAINT.-THIS HSE IS IN MVE-IN CNDITION!
Unit Size
2,910 Ft²
Days on Market
-
Land Size
0.73 acres
Price per sqft
$129
Property Type
House
Property Taxes
$399
HOA Dues
-
Year Built
1977

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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 #30136111)

Price History

Date / Event Date Event Price
May 28, 1997 Sold
Premium
Sold
Nov 11, 1996 Listed $374,900
Listed

Property Highlights

Air Conditioning
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: 3
  • 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: 1,456
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,947
  • Total Building Area: 3,858
  • Gross Building Area: 5,479
  • Building Area: 3,858
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,858
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORCHARD ESTATES
  • Land Acres: 0000000733
  • 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:00061 B:00002 L:0000J
  • Block: 2
  • Lot: J
  • Municipality: ANDOVER
  • Latitude: 42.6298
  • Longitude: -71.1264

    Address

  • Full Address: 3 Orchard St
  • Address - House Number: 3
  • Address - Street Name: Orchard
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C015
  • 4-Digit Zip Code: 5009
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,298,900

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,129,669
  • High Value: 1,302,796
  • Low Value: 956,541

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $950,900
  • Assessed Land Value: $486,500
  • Assessed Improvements Value: $464,400

    Sales

  • Current Sale Recording Date: May 28, 1997
  • Current Sale Price:
    Premium
  • Current 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:

$699,900

Sale Price/ft²

$383

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

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: 4 years ago
Data Source: MLS PIN, MLS# 30136111

Frequently Asked Questions

When was property at 3 Orchard Street built and last sold?
The property at 3 Orchard Street was built in 1977 and last sold on Jan 1, 1970 for $365,000.
How much is this home worth?
The estimated value of the home located at 3 Orchard Street is $414,861.
What are some comparable homes to 3 Orchard Street?
There are currently no comparable homes to 3 Orchard Street.
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