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Essex 01810
3 Waverly Drive
Photo of 3 Waverly Drive
Sold on Aug 31, 2004

1

Map

$552,500
● House - Off Market

3 Waverly Drive

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,438 Ft²
$1,078,261
RealtyHop Estimate
85.94%
Since Sep 1, 2004
MA-Boston
Primary Model

About This Property

On desirable circle abutting conservation land, NY Colonial with lots of space and an intriguing floor plan, large foyer, formal dining room, cathedral ceiling family room with sliders to deck, living room also with cathedral ceiling on its own level, attached 2 car garage, beautiful level yard! Easy access to train & major highways.
Unit Size
2,438 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$238
Property Type
House
Property Taxes
$472
HOA Dues
-
Year Built
1979

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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: 5 months ago (MLSPIN #70043450)

Price History

Date / Event Date Event Price
Aug 31, 2004 Sold
Premium
Sold
Jun 1, 2004 Listed $579,900
Listed

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • 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: 19
  • 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: 1,240
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,091
  • Total Building Area: 2,438
  • Gross Building Area: 4,452
  • Building Area: 2,438
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,438
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BELMONT PARK
  • Land Acres: 0000000691
  • 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:00181 B:00026 L:00000
  • Block: 26
  • Municipality: ANDOVER
  • Latitude: 42.6236
  • Longitude: -71.1724

    Address

  • Full Address: 3 Waverly Dr
  • Address - House Number: 3
  • Address - Street Name: Waverly
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Andover
  • Carrier Code: C018
  • 4-Digit Zip Code: 5849
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,008,900

    Appraisal Valuation

  • Standard Deviation: 0.1551
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 961,299
  • High Value: 1,110,414
  • Low Value: 812,185

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $738,600
  • Assessed Land Value: $349,900
  • Assessed Improvements Value: $388,700

    Sales

  • Current Sale Recording Date: Apr 05, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 7654
  • Previous Sale Recording Date: Aug 31, 2004
  • Previous Sale Amount: $552,500
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2523 ft²

Average Home Age

72.6 years

Currently For Sale

1457 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70043450

Frequently Asked Questions

When was property at 3 Waverly Drive built and last sold?
The property at 3 Waverly Drive was built in 1979 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3 Waverly Drive is $600,731.
What are some comparable homes to 3 Waverly Drive?
There are currently no comparable homes to 3 Waverly Drive.
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