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Andover 01810
31 Lucerne Drive
$612,500
● House - Off Market

31 Lucerne Drive

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,264 Ft²
$1,185,340
RealtyHop Estimate
89.68%
Since Nov 1, 2013
MA-Boston
Primary Model

About This Property

SO NEAR CENTER OF TOWN! THIS IS EVERYTHING YOU CAN NEVER FIND ALL TOGETHER! It's All About LOCATION . Walk To Town! Quiet Circle Family Friendly Street, Sprawling Ranch On A Wooded Lot. Looking For A GREAT Yard Here It Is. Private Back Yard Setting With Patio Fireplace & Pizza Oven. Above Ground Pool With Deck, Awesome Home For Entertaining, Family Room Addition Added In 2003.  Updated Kitchen and Baths, Hardwood Floors, Central A.C., Sprinkler System, Much Much More.....   Owner Has No Contingencies And Is  Ready To Close At Any Time
Unit Size
2,264 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$276
Property Type
House
Property Taxes
$505
HOA Dues
-
Year Built
1954

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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 #71543597)

Price History

Date / Event Date Event Price
Oct 4, 2013 Sold
Premium
Sold
Jun 18, 2013 Listed by Greater Metropolitan R. E. $624,900
Listed by Greater Metropolitan R. E.
Jul 30, 1996 Sold
Premium
Sold
May 20, 1996 Listed $249,900
Listed
WONDERFUL HOME ON QUIET IN TOWN STREET. 4 BEDROOMS, WOOD FLOORS, FIREPLACED LIVING ROOM, SOME NEWER WINDOWS, LEVEL LOT PLUS MUCH MORE. EASY TO SHOW.

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,708
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,559
  • Total Building Area: 2,264
  • Gross Building Area: 4,869
  • Building Area: 2,264
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,264
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINE ACRES SEC 03
  • Land Acres: 0000000564
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254200

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00021 B:00163 L:00000
  • Block: 163
  • Municipality: ANDOVER
  • Latitude: 42.6613
  • Longitude: -71.1279

    Address

  • Full Address: 31 Lucerne Dr
  • Address - House Number: 31
  • Address - Street Name: Lucerne
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Andover
  • Carrier Code: C004
  • 4-Digit Zip Code: 1719
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $925,200

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 867,550
  • High Value: 1,015,575
  • Low Value: 719,525

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $677,300
  • Assessed Land Value: $397,900
  • Assessed Improvements Value: $279,400

    Sales

  • Current Sale Recording Date: Aug 04, 2017
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20028
  • Previous Sale Recording Date: Oct 04, 2013
  • Previous Sale Amount: $612,500
  • 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:

$872,500

Sale Price/ft²

$417

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2796 ft²

Average Home Age

93.3 years

Currently For Sale

22 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: 4 months ago
Data Source: MLS PIN, MLS# 71543597

Frequently Asked Questions

When was property at 31 Lucerne Drive built and last sold?
The property at 31 Lucerne Drive was built in 1954 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 31 Lucerne Drive is $646,230.
What are some comparable homes to 31 Lucerne Drive?
There are currently no comparable homes to 31 Lucerne Drive.
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