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Andover 01810
31 Morton Street Vrm #52
$1,000,000
● House - Off Market

31 Morton Street Vrm #52

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,045 Ft²
$2,079,401
RealtyHop Estimate
89.92%
Since Jun 1, 2004
MA-Boston
Primary Model

About This Property

VRM #52. Seller to entertain offers from $949,000-$1,094,876. Walk into yesteryear! One of Andover's most wonderful and charming homes located in the Phillips Academy area. Be the third owner of this 93 year old stucco Colonial. Much of this home is original, right down to the ice box in the kitchen & pull chain toilet. Many beautiful built-ins.
Unit Size
3,045 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$360
Property Type
House
Property Taxes
$668
HOA Dues
-
Year Built
-

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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: 6 months ago (MLSPIN #70012369)

Price History

Date / Event Date Event Price
May 21, 2004 Sold
Premium
Sold
Mar 26, 2004 Listed by Prudential Howe & Doherty $1,094,876
Listed by Prudential Howe & Doherty
May 6, 1994 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 18,221
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000418
  • Standard Land Use Code: 1001
  • County Land Use Code: 109

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254301

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00040 B:00089 L:00000
  • Block: 89
  • Municipality: ANDOVER
  • Latitude: 42.6522
  • Longitude: -71.1341

    Address

  • Full Address: 31 Morton St
  • Address - House Number: 31
  • Address - Street Name: Morton
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C015
  • 4-Digit Zip Code: 2037
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,988,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1551
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,632,783
  • High Value: 1,886,056
  • Low Value: 1,379,510

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,455,800
  • Assessed Land Value: $659,100
  • Assessed Improvements Value: $796,700

    Sales

  • Current Sale Recording Date: May 21, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 22320
  • Previous Sale Recording Date: May 06, 1994
  • Previous Sale Amount: $25,000
  • 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 Andover

Stats & Trends

Median Asking:

$899,900

Sale Price/ft²

$423

Below Asking

0.01%

Average Days on Market

50

Average Home Size

3224 ft²

Average Home Age

76.8 years

Currently For Sale

16 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: 6 months ago
Data Source: MLS PIN, MLS# 70012369

Frequently Asked Questions

When was property at 31 Morton Street built and last sold?
The property at 31 Morton Street was built in and last sold on Jan 1, 1970 for $1,000,000.
How much is this home worth?
The estimated value of the home located at 31 Morton Street is $1,109,430.
What are some comparable homes to 31 Morton Street?
There are currently no comparable homes to 31 Morton Street.
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