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Essex 01810
37 Fleming Ave. (Lot 8)
$876,000
● House - Off Market

37 Fleming Ave. (Lot 8)

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,000 Ft²
$1,275,100
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

ONLY NEW SUB-DIVISION IN ANDOVER UNDER $1M! This brand new 2x6 construction, energy efficient colonial features a lovely open floor plan first level with a spacious eat-in kitchen that opens to the dining room and family room with fireplace. The formal living room/study and half bath complete the first floor. Head upstairs to your Master suite with walk-in closet and full bath, as well as 2 additional bedrooms and a full bath. The third level offers a bonus room and fourth bedroom. This amazing subdivision is near downtown Andover & has several floor plans to choose from with prices starting at $799,900! This new construction is on Town Water & Town Sewer!
Unit Size
3,000 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$290
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2019

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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 #72454843)

Price History

Date / Event Date Event Price
Sep 8, 2021 Sold
Premium
Sold
Jul 12, 2021 Listed by Lillian Montalto Signature Properties $1,100,000
Listed by Lillian Montalto Signature Properties
Sep 6, 2019 Sold
Premium
Sold
Feb 19, 2019 Listed by Lillian Montalto Signature Properties $870,000
Listed by Lillian Montalto Signature Properties

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 864
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,688
  • Total Building Area: 3,846
  • Gross Building Area: 5,100
  • Building Area: 3,846
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,846
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000383
  • 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:00035 B:00004 L:0000F
  • Block: 4
  • Lot: F
  • Municipality: ANDOVER
  • Latitude: 42.6746
  • Longitude: -71.144

    Address

  • Full Address: 37 Fleming Ave
  • Address - House Number: 37
  • 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: $1,258,400

    Appraisal Valuation

  • Standard Deviation: 0.2081
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 1,311,006
  • High Value: 1,583,855
  • Low Value: 1,038,156

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $921,200
  • Assessed Land Value: $330,800
  • Assessed Improvements Value: $590,400

    Sales

  • Current Sale Contract Date: Sep 07, 2021
  • Current Sale Recording Date: Sep 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 29983
  • Previous Sale Recording Date: Sep 06, 2019
  • Previous Sale Contract Date: Aug 28, 2019
  • Previous Sale Amount: $876,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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# 72454843

Frequently Asked Questions

When was property at 37 Fleming Avenue built and last sold?
The property at 37 Fleming Avenue was built in 2019 and last sold on Sep 7, 2021 for $1,150,000.
How much is this home worth?
The estimated value of the home located at 37 Fleming Avenue is $1,114,649.
What are some comparable homes to 37 Fleming Avenue?
There are currently no comparable homes to 37 Fleming Avenue.
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