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Essex 01810
4 Cottonwood Circle
$625,000
● House - Off Market

4 Cottonwood Circle

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,068 Ft²
$835,942
RealtyHop Estimate
34.85%
Since Aug 1, 2020
MA-Boston
Primary Model

About This Property

Welcome home to this 4 bedroom/2.5 bathroom home on a cul-de-sac. With the nice weather upon us you can enjoy the oversized PATIOS during the day and the FIREPIT at night! Features of the home include: Mitsubuishi mini splits which provide cost effective HEATING AND COOLING, refinished hardwood flooring, fresh interior/exterior paint, sunroom, new hot water heater, deck, an oversized shed, 2 car attached garage, insulation from Mass Save, large private lot and a a recently lined fireplace in the lower level family room! Close proximity to route 93. Great commuter location!
Unit Size
2,068 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$300
Property Type
House
Property Taxes
$624
HOA Dues
-
Year Built
1975

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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: 5 months ago (MLSPIN #72665005)

Price History

Date / Event Date Event Price
Jul 27, 2020 Sold
Premium
Sold
Jun 1, 2020 Listed by William Raveis R.E. & Home Services $619,900
Listed by William Raveis R.E. & Home Services
Nov 29, 2016 Sold
Premium
Sold
Oct 6, 2016 Listed by William Raveis R.E. & Home Services $439,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 1,200
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,285
  • Total Building Area: 2,068
  • Gross Building Area: 2,788
  • Building Area: 2,068
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 2,068
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000558
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254401

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00133 B:00102 L:00000
  • Block: 102
  • Municipality: ANDOVER
  • Latitude: 42.6554
  • Longitude: -71.1828

    Address

  • Full Address: 4 Cottonwood Cir
  • Address - House Number: 4
  • Address - Street Name: Cottonwood
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Andover
  • Carrier Code: R003
  • 4-Digit Zip Code: 3363
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $883,000

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 814,221
  • High Value: 953,126
  • Low Value: 675,317

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $646,400
  • Assessed Land Value: $397,000
  • Assessed Improvements Value: $249,400

    Sales

  • Current Sale Contract Date: Jul 22, 2020
  • Current Sale Recording Date: Jul 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18929
  • Previous Sale Recording Date: Nov 29, 2016
  • Previous Sale Amount: $474,500
  • 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

2549 ft²

Average Home Age

72.4 years

Currently For Sale

1448 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72665005

Frequently Asked Questions

When was property at 4 Cottonwood Circle built and last sold?
The property at 4 Cottonwood Circle was built in 1975 and last sold on Jul 22, 2020 for $625,000.
How much is this home worth?
The estimated value of the home located at 4 Cottonwood Circle is $629,178.
What are some comparable homes to 4 Cottonwood Circle?
There are currently no comparable homes to 4 Cottonwood Circle.
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