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Essex 01810
3 Pinecone
$585,000
● House - Off Market

3 Pinecone

Andover, MA 01810
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,552 Ft²
$1,054,684
RealtyHop Estimate
75.81%
Since Jan 1, 2016
MA-Boston
Primary Model

About This Property

Much sought after & rarely offered, PINE CONE ESTATES. Six Room, 3 Bedroom colonial featuring open floor plan, formal Dining room & eat-in SS & Cherry Kitchen, private fenced yard with E-Z commute location sitting at the end of the Cul-de-sac in popular South school district.Seller & Seller agent make no warranties/representation regarding property and info on MLS. Buyer to sign corporate addendum with no changes. All offers must be presented with proof of funds and or pre-approval letter.
Unit Size
2,552 Ft²
Days on Market
-
Land Size
1.09 acres
Price per sqft
$235
Property Type
House
Property Taxes
$769
HOA Dues
-
Year Built
1999

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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 #71911886)

Price History

Date / Event Date Event Price
Dec 10, 2015 Sold
Premium
Sold
Oct 1, 2015 Sold
Premium
Sold
Sep 28, 2015 Listed by Berkshire Hathaway HomeServices Verani Realty $599,900
Listed by Berkshire Hathaway HomeServices Verani Realty

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,484
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,698
  • Total Building Area: 2,584
  • Gross Building Area: 5,156
  • Building Area: 2,584
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • 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: 0000001095
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254403

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00182 B:00005 L:0000B
  • Block: 5
  • Lot: B
  • Municipality: ANDOVER
  • Latitude: 42.6187
  • Longitude: -71.1694

    Address

  • Full Address: 3 Pinecone Ln
  • Address - House Number: 3
  • Address - Street Name: Pinecone
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Andover
  • Carrier Code: C018
  • 4-Digit Zip Code: 5882
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,163,600
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1531
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 81
  • Final Value: 1,035,608
  • High Value: 1,194,194
  • Low Value: 877,022

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $851,800
  • Assessed Land Value: $366,800
  • Assessed Improvements Value: $485,000

    Sales

  • Current Sale Recording Date: Dec 10, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32125
  • Previous Sale Recording Date: Oct 01, 2015
  • Previous Sale Amount: $600,000
  • 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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# 71911886

Frequently Asked Questions

When was property at 3 Pinecone Lane built and last sold?
The property at 3 Pinecone Lane was built in 1999 and last sold on Jan 1, 1970 for $585,000.
How much is this home worth?
The estimated value of the home located at 3 Pinecone Lane is $627,712.
What are some comparable homes to 3 Pinecone Lane?
There are currently no comparable homes to 3 Pinecone Lane.
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