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Essex 01810
3 Random Ln
Photo of 3 Random Ln
Sold on Oct 6, 2010

1

Map

$487,500
● House - Off Market

3 Random Ln

Andover, MA 01810
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,968 Ft²
$1,047,676
RealtyHop Estimate
109.58%
Since Nov 1, 2010
MA-Boston
Primary Model

About This Property

Solid, quality built Colonial in a quiet cul-de-sac neighborhood located in the Bancroft/Doherty School District. This home has been well maintained both inside and out! Features include four spacious bedrooms with ample closet space, 1.5 baths, hardwood floors throughout plus fireplace living room and formal dining room. Outside you'll find an attached garage and a well manicured yard with wonderful curb appeal. Great commuter location at an affordable price! Enjoy all Andover has to offer.
Unit Size
1,968 Ft²
Days on Market
-
Land Size
0.80 acres
Price per sqft
$254
Property Type
House
Property Taxes
$511
HOA Dues
-
Year Built
1963

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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: 2 years ago (MLSPIN #71110253)

Price History

Date / Event Date Event Price
Oct 6, 2010 Sold
Premium
Sold
Jul 15, 2010 Listed by RE/MAX Partners $499,900
Listed by RE/MAX Partners

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 3
  • Basement Area: 1,296
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,687
  • Total Building Area: 2,300
  • Gross Building Area: 3,394
  • Building Area: 2,300
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,300
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000796
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254302

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00061 B:00037 L:00000
  • Block: 37
  • Municipality: ANDOVER
  • Latitude: 42.6252
  • Longitude: -71.1185

    Address

  • Full Address: 3 Random Ln
  • Address - House Number: 3
  • Address - Street Name: Random
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Andover
  • Carrier Code: C024
  • 4-Digit Zip Code: 5714
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $963,600

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 871,023
  • High Value: 1,019,641
  • Low Value: 722,406

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $705,400
  • Assessed Land Value: $429,800
  • Assessed Improvements Value: $275,600

    Sales

  • Current Sale Recording Date: Oct 06, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 26479
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

2550 ft²

Average Home Age

72.4 years

Currently For Sale

1469 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: 2 years ago
Data Source: MLS PIN, MLS# 71110253

Frequently Asked Questions

When was property at 3 Random Lane built and last sold?
The property at 3 Random Lane was built in 1963 and last sold on Jan 1, 1970 for $487,500.
How much is this home worth?
The estimated value of the home located at 3 Random Lane is $0.
What are some comparable homes to 3 Random Lane?
There are currently no comparable homes to 3 Random Lane.
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