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Andover 01810
35 Shipman Road
Photo of 35 Shipman Road
Sold on May 27, 2009

1

Map

$637,500
● House - Off Market

35 Shipman Road

Andover, MA 01810
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,399 Ft²
$1,362,697
RealtyHop Estimate
109.65%
Since Jun 1, 2009
MA-Boston
Primary Model

About This Property

Exquisite taste is evident in this one-of-a-kind Multi-level located on 1.3 beautiful acres w/ in-town convenience.The stunning white on white interior features a 27' tile flr gourmet kitchen w/solid surface counters & full solarium wall overlooking the private backyard,dramatic living & dining rms separate by architectural pillars,2.5 beautifully updated baths,20' FR w/solarium wall & stone FP,office plus 30' playrm & a delightful screened-in porch for relaxing.Spotless & in move-in condition!
Unit Size
3,399 Ft²
Days on Market
-
Land Size
1.31 acres
Price per sqft
$191
Property Type
House
Property Taxes
$649
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70864250)

Price History

Date / Event Date Event Price
May 27, 2009 Sold
Premium
Sold
Jan 15, 2009 Listed $650,000
Listed
Oct 15, 2004 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,768
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 57,151
  • Total Building Area: 2,980
  • Gross Building Area: 4,228
  • Building Area: 2,980
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,980
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANDOVER
  • Land Acres: 0000001312
  • 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:00020 B:00103 L:00000
  • Block: 103
  • Municipality: ANDOVER
  • Latitude: 42.6661
  • Longitude: -71.1351

    Address

  • Full Address: 35 Shipman Rd
  • Address - House Number: 35
  • Address - Street Name: Shipman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: C004
  • 4-Digit Zip Code: 1715
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,355,200

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,100,489
  • High Value: 1,286,599
  • Low Value: 914,378

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $992,100
  • Assessed Land Value: $681,100
  • Assessed Improvements Value: $311,000

    Sales

  • Current Sale Recording Date: May 27, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 14453
  • Previous Sale Recording Date: Oct 15, 2004
  • Previous Sale Amount: $690,000
  • 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:

$872,500

Sale Price/ft²

$417

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2753 ft²

Average Home Age

84.5 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70864250

Frequently Asked Questions

When was property at 35 Shipman Road built and last sold?
The property at 35 Shipman Road was built in 1955 and last sold on Jan 1, 1970 for $637,500.
How much is this home worth?
The estimated value of the home located at 35 Shipman Road is $700,885.
What are some comparable homes to 35 Shipman Road?
There are currently no comparable homes to 35 Shipman Road.
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