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Andover 01810
32 Theodore Avenue
$470,000
● House - Off Market

32 Theodore Avenue

Andover, MA 01810
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,331 Ft²
$894,083
RealtyHop Estimate
90.27%
Since Aug 1, 2013
MA-Boston
Primary Model

About This Property

CHARMING RANCH ON CORNER LOT, IN GREAT LOCATION! Sparkling granite and stainless kitchen, features bright, airy dining area with lovely bay window. French doors lead to gracious fireplaced living room, open to formal dining room. This beautifully maintained home features quality Pella windows, gleaming hardwood floors, loads of storage, cozy den off kitchen, spacious and nicely finished lower level. Attached garage, large yard, lovely perennials, sprinkler system, prof. landscaping.
Unit Size
2,331 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$202
Property Type
House
Property Taxes
$463
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: 5 months ago (MLSPIN #71537216)

Price History

Date / Event Date Event Price
Jul 19, 2013 Sold
Premium
Sold
Jun 6, 2013 Listed by Coldwell Banker Residential Brokerage - Andover $469,900
Listed by Coldwell Banker Residential Brokerage - Andover
Aug 5, 1988 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 1,332
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,314
  • Total Building Area: 2,331
  • Gross Building Area: 3,470
  • Building Area: 2,331
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,331
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHAWSHEEN HYLANDS
  • Land Acres: 0000000329
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254100

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00071 B:00053 L:00000
  • Block: 53
  • Municipality: ANDOVER
  • Latitude: 42.6644
  • Longitude: -71.1555

    Address

  • Full Address: 32 Theodore Ave
  • Address - House Number: 32
  • Address - Street Name: Theodore
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Andover
  • Carrier Code: C009
  • 4-Digit Zip Code: 2966
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $839,700

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 779,550
  • High Value: 912,540
  • Low Value: 646,561

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $614,700
  • Assessed Land Value: $365,600
  • Assessed Improvements Value: $249,100

    Sales

  • Current Sale Recording Date: Jul 19, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000002
  • Previous Sale Recording Date: Aug 05, 1988
  • Previous Sale Amount: $187,500
  • 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 Andover

Stats & Trends

Median Asking:

$899,900

Sale Price/ft²

$422

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2854 ft²

Average Home Age

80.4 years

Currently For Sale

21 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: 5 months ago
Data Source: MLS PIN, MLS# 71537216

Frequently Asked Questions

When was property at 32 Theodore Avenue built and last sold?
The property at 32 Theodore Avenue was built in 1954 and last sold on Jan 1, 1970 for $470,000.
How much is this home worth?
The estimated value of the home located at 32 Theodore Avenue is $502,684.
What are some comparable homes to 32 Theodore Avenue?
There are currently no comparable homes to 32 Theodore Avenue.
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