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Essex 01810
384 Lowell St
$400,000
● House - Off Market

384 Lowell St

Andover, MA 01810
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,920 Ft²
$741,162
RealtyHop Estimate
90.09%
Since Oct 1, 2013
MA-Boston
Primary Model

About This Property

Attractive Ranch home lovingly cared for by owners of 52 years.  This 3 bedroom home with a well designed floor plan is situated on a corner lot in the High Plain/Wood Hill School District. Inside you'll find an oversize living room with fireplace, heated sun room with southern exposure, dining room plus an eat in kitchen! The bedrooms are nicely sized and have 2 adjacent full baths with updates. The 2 car garage, newer heating system, mostly new windows and new septic system add to the desirability of this home. Conveniently located property with easy access to Haggetts Pond trails and commute routes. Excellent opportunity to own a quality home in a desirable location!
Unit Size
1,920 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$203
Property Type
House
Property Taxes
$377
HOA Dues
-
Year Built
1953

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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: 5 months ago (MLSPIN #71570667)

Price History

Date / Event Date Event Price
Sep 26, 2013 Sold
Premium
Sold
Aug 16, 2013 Listed by RE/MAX Partners $389,900
Listed by RE/MAX Partners

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,819
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,408
  • Total Building Area: 2,505
  • Gross Building Area: 4,259
  • Building Area: 2,505
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,505
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000262
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254402

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00198 B:00010 L:00000
  • Block: 10
  • Municipality: ANDOVER
  • Latitude: 42.6433
  • Longitude: -71.1949

    Address

  • Full Address: 384 Lowell St
  • Address - House Number: 384
  • Address - Street Name: Lowell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: R004
  • 4-Digit Zip Code: 4417
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $784,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.154
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 81
  • Final Value: 776,156
  • High Value: 895,700
  • Low Value: 656,613

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $574,200
  • Assessed Land Value: $306,600
  • Assessed Improvements Value: $267,600

    Sales

  • Current Sale Recording Date: Feb 22, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 117448
  • Previous Sale Recording Date: Sep 26, 2013
  • Previous Sale Amount: $400,000
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2520 ft²

Average Home Age

73.7 years

Currently For Sale

1438 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: 5 months ago
Data Source: MLS PIN, MLS# 71570667

Frequently Asked Questions

When was property at 384 Lowell Street built and last sold?
The property at 384 Lowell Street was built in 1953 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 384 Lowell Street is $414,526.
What are some comparable homes to 384 Lowell Street?
There are currently no comparable homes to 384 Lowell Street.
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