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Essex 01810
33 Fleming Avenue (Lot 10)
$859,900
● House - Off Market

33 Fleming Avenue (Lot 10)

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,390 Ft²
$1,139,795
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

RARE FIND TO FIND BRAND NEW CONSTRUCTION IN ANDOVER FOR UNDER 1 MILLION.  APPROXIMATELY 3390 SQ FT.  This BRAND NEW 2x6 construction, energy-efficient Colonial, THE BANCROFT 2, features a beautiful over-sized family room with fireplace, spacious eat-in kitchen, formal living, and dining rooms, as well as a fabulous Master suite and two bedrooms on the second level, and a fourth bedroom on the third level.  This home has an interior fire suppression sprinkler system. Located in a cul de sac but convenient to shopping and major highways.  Still, time to make some choices.  Make this brand new home your own.  This new construction is on Town Water & Town Sewer!
Unit Size
3,390 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$254
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2020

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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 #72658951)

Price History

Date / Event Date Event Price
Nov 3, 2020 Sold
Premium
Sold
May 20, 2020 Listed by William Raveis R.E. & Home Services $859,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • 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: 300
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,570
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,276
  • Total Building Area: 3,598
  • Gross Building Area: 5,544
  • Building Area: 3,598
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,598
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000351
  • 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:00018 B:00123 L:00000
  • Block: 123
  • Municipality: ANDOVER
  • Latitude: 42.6761
  • Longitude: -71.1443

    Address

  • Full Address: 33 Fleming Ave
  • Address - House Number: 33
  • Address - Street Name: Fleming
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Andover
  • Carrier Code: C006
  • 4-Digit Zip Code: 1424
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,329,400

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,132,432
  • High Value: 1,311,304
  • Low Value: 953,559

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $973,200
  • Assessed Land Value: $326,900
  • Assessed Improvements Value: $646,300

    Sales

  • Current Sale Contract Date: Oct 23, 2020
  • Current Sale Recording Date: Nov 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 30606
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72658951

Frequently Asked Questions

When was property at 33 Fleming Avenue built and last sold?
The property at 33 Fleming Avenue was built in 2020 and last sold on Oct 23, 2020 for $859,900.
How much is this home worth?
The estimated value of the home located at 33 Fleming Avenue is $891,844.
What are some comparable homes to 33 Fleming Avenue?
There are currently no comparable homes to 33 Fleming Avenue.
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