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Andover 01810
3 Parnassus Pl
Photo of 3 Parnassus Pl
Sold on Mar 31, 2006

1

Map

$548,500
● House - Off Market

3 Parnassus Pl

Andover, MA 01810
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,600 Ft²
$1,009,188
RealtyHop Estimate
80.24%
Since Apr 1, 2006
MA-Boston
Primary Model

About This Property

Sprawling 8 rm ranch on acre lot w/3 rm in-law. Main kit has been remodeled w/white cabs, new apps & lighting. 2 baths updated w/ceramic tile flrs & walls, 80% of windows replaced w/Andersen, new Andersen sliders & patio drs in brs & fr, all carpeting replaced by owners. Extensive brick patio area, surround pool accessed from FR, br & kit. All this on small cul-de-sac close to the Hub of Andover & major commute routes.
Unit Size
2,600 Ft²
Days on Market
-
Land Size
1.03 acres
Price per sqft
$215
Property Type
House
Property Taxes
$470
HOA Dues
-
Year Built
1966

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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 months ago (MLSPIN #70291673)

Price History

Date / Event Date Event Price
May 31, 2018 Sold
Premium
Sold
Nov 8, 2012 Sold
Premium
Sold
Mar 31, 2006 Sold
Premium
Sold
Nov 9, 2005 Listed $559,900
Listed
May 31, 1996 Sold
Premium
Sold
Show More

Property Highlights

Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,736
  • Total Building Area: 2,584
  • Gross Building Area: 3,685
  • Building Area: 2,584
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,584
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001027
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254100

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00002 B:00149 L:00000
  • Block: 149
  • Municipality: ANDOVER
  • Latitude: 42.6659
  • Longitude: -71.1319

    Address

  • Full Address: 3 Parnassus Pl
  • Address - House Number: 3
  • Address - Street Name: Parnassus
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Andover
  • Carrier Code: C004
  • 4-Digit Zip Code: 1613
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,064,100

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 875,615
  • High Value: 1,024,492
  • Low Value: 726,738

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $779,000
  • Assessed Land Value: $502,800
  • Assessed Improvements Value: $276,200

    Sales

  • Current Sale Contract Date: May 26, 2018
  • Current Sale Recording Date: May 31, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 117999
  • Previous Sale Recording Date: Nov 08, 2012
  • Previous Sale Amount: $494,450
  • 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 Andover

Stats & Trends

Median Asking:

$899,900

Sale Price/ft²

$416

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2602 ft²

Average Home Age

86.7 years

Currently For Sale

20 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 months ago
Data Source: MLS PIN, MLS# 70291673

Frequently Asked Questions

When was property at 3 Parnassus Place built and last sold?
The property at 3 Parnassus Place was built in 1966 and last sold on May 26, 2018 for $645,000.
How much is this home worth?
The estimated value of the home located at 3 Parnassus Place is $565,499.
What are some comparable homes to 3 Parnassus Place?
There are currently no comparable homes to 3 Parnassus Place.
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