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Andover 01810
4 Central Lane
$1,150,000
● House - Off Market

4 Central Lane

Andover, MA 01810
bedrooms
4 Beds
bathrooms
4 Baths
square feet
4,354 Ft²
$2,204,362
RealtyHop Estimate
91.68%
Since Jul 1, 2013
MA-Boston
Primary Model

About This Property

Once in a lifetime opportunity to own a home in Andover's finest location. A quality home dramatically expanded in 1998. Spectactular eat-in kitchen w/granite countertops & custom cabinets overlooking step down fireplaced FR. Formal DR, fireplaced LR w/open balcony. Access from the kitchen & FR to a fantastic patio running the length of the house where you can sit and enjoy the beautiful gardens. The Master is one of a kind featuring a wood barreled ceiling, huge closet/dressing area & FP .
Unit Size
4,354 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$264
Property Type
House
Property Taxes
$995
HOA Dues
-
Year Built
1958

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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 #71488045)

Price History

Date / Event Date Event Price
Jun 14, 2013 Sold
Premium
Sold
Mar 1, 2013 Listed by Prudential Howe & Doherty $1,150,000
Listed by Prudential Howe & Doherty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,396
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,635
  • Total Building Area: 4,354
  • Gross Building Area: 8,842
  • Building Area: 4,354
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,354
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000428
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254200

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00055 B:00137 L:00000
  • Block: 137
  • Municipality: ANDOVER
  • Latitude: 42.6522
  • Longitude: -71.142

    Address

  • Full Address: 4 Central Ln
  • Address - House Number: 4
  • Address - Street Name: Central
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Andover
  • Carrier Code: C022
  • 4-Digit Zip Code: 3928
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,720,200
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1538
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 81
  • Final Value: 1,644,931
  • High Value: 1,898,057
  • Low Value: 1,391,806

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,259,300
  • Assessed Land Value: $506,000
  • Assessed Improvements Value: $753,300

    Sales

  • Current Sale Recording Date: Jun 14, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000001
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

$416

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2602 ft²

Average Home Age

86.7 years

Currently For Sale

20 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# 71488045

Frequently Asked Questions

When was property at 4 Central Lane built and last sold?
The property at 4 Central Lane was built in 1958 and last sold on Jan 1, 1970 for $1,150,000.
How much is this home worth?
The estimated value of the home located at 4 Central Lane is $1,195,318.
What are some comparable homes to 4 Central Lane?
There are currently no comparable homes to 4 Central Lane.
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