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Essex 01810
32 Reservation Rd
$665,000
● House - Off Market

32 Reservation Rd

Andover, MA 01810
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,170 Ft²
$1,010,027
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model

About This Property

Beautiful, open, and modern cape style home in spotless clean, move in condition!!  Great floor plan with spacious, free flowing  family room, dining room, and living room, a private 1st floor master bedroom suite, cool kitchen, and charming back screened porch overlooking a fabulous, freshly landscaped back yard!  Fantastic location is surrounded by AVIS land, and is super convenient to downtown, the commuter rail, highways, and walk to middle/ high school!  Bonuses include extensive hardwood flooring, built-in book cases, a fireplace w/ woodstove, central air, lawn irrigation (front yard), and 2 big bedrooms and full bath on the 2nd floor.  If you are tired of the same ole same ole then you MUST see this beauty!  Meticulous owners have preserved a gem for you!
Unit Size
2,170 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$299
Property Type
House
Property Taxes
$698
HOA Dues
-
Year Built
1952

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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 #72170245)

Price History

Date / Event Date Event Price
Aug 25, 2017 Sold
Premium
Sold
May 24, 2017 Listed by Century 21 McLennan & Company $649,900
Listed by Century 21 McLennan & Company
Oct 15, 2012 Sold
Premium
Sold
Aug 3, 2012 Listed by Century 21 McLennan & Company $519,900
Listed by Century 21 McLennan & Company
Aug 15, 1996 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 7
  • Basement Area: 1,124
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,000
  • Total Building Area: 2,170
  • Gross Building Area: 4,221
  • Building Area: 2,170
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,170
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STANLEY I & INA E KRAVETZ
  • Land Acres: 0000000689
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254401

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00073 B:00010 L:00000
  • Block: 10
  • Municipality: ANDOVER
  • Latitude: 42.6503
  • Longitude: -71.1557

    Address

  • Full Address: 32 Reservation Rd
  • Address - House Number: 32
  • Address - Street Name: Reservation
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: C003
  • 4-Digit Zip Code: 3417
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,090,100

    Appraisal Valuation

  • Standard Deviation: 0.1543
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 991,928
  • High Value: 1,145,059
  • Low Value: 838,797

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $798,000
  • Assessed Land Value: $479,400
  • Assessed Improvements Value: $318,600

    Sales

  • Current Sale Recording Date: Aug 25, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21927
  • Previous Sale Recording Date: Oct 15, 2012
  • Previous Sale Amount: $525,000
  • 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 Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2595 ft²

Average Home Age

73.7 years

Currently For Sale

1390 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# 72170245

Frequently Asked Questions

When was property at 32 Reservation Road built and last sold?
The property at 32 Reservation Road was built in 1952 and last sold on Jan 1, 1970 for $665,000.
How much is this home worth?
The estimated value of the home located at 32 Reservation Road is $664,483.
What are some comparable homes to 32 Reservation Road?
There are currently no comparable homes to 32 Reservation Road.
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