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Essex 01810
4 Hillcrest Rd
$350,000
● House - Off Market

4 Hillcrest Rd

Andover, MA 01810
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,009 Ft²
$444,874
RealtyHop Estimate
34.85%
Since Aug 1, 2020
MA-Boston
Primary Model

About This Property

Cute cottage nestled on a quiet street with fabulous garden, deck with seasonal Shawsheen River views and privacy! This two bedroom home features an updated eat in kitchen with granite countertops, stainless steel appliances and Liebherr refrigerator. The bedroom wing includes the master bedroom with cathedral ceiling with beams and gorgeous hardwood floors, a second bedroom with vaulted ceiling and hardwood floors plus an updated full bath with tile flooring. The living room is oversize and includes cathedral ceiling with beams and provides access to the rear deck. The finished lower level walk out provides several options as a play room, home office or guest room. Newer septic, heating system, and easy access to commuter rail, highway, and AVIS property make this a great first time buyer home or downsize option.
Unit Size
1,009 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$327
Property Type
House
Property Taxes
$420
HOA Dues
-
Year Built
1938

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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 #72662952)

Price History

Date / Event Date Event Price
Jul 15, 2020 Sold
Premium
Sold
May 28, 2020 Listed by RE/MAX Partners $329,900
Listed by RE/MAX Partners
Oct 31, 2014 Sold
Premium
Sold
Nov 1, 2013 Listed by RE/MAX Partners $249,000
Listed by RE/MAX Partners

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 651
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,120
  • Total Building Area: 1,009
  • Gross Building Area: 1,724
  • Building Area: 1,009
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,009
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254301

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00140 B:00027 L:00000
  • Block: 27
  • Municipality: ANDOVER
  • Latitude: 42.6197
  • Longitude: -71.1549

    Address

  • Full Address: 4 Hillcrest Rd
  • Address - House Number: 4
  • Address - Street Name: Hillcrest
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: C018
  • 4-Digit Zip Code: 5914
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $587,000

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 497,354
  • High Value: 584,903
  • Low Value: 409,806

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $429,700
  • Assessed Land Value: $272,200
  • Assessed Improvements Value: $157,500

    Sales

  • Current Sale Contract Date: Jul 15, 2020
  • Current Sale Recording Date: Jul 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17819
  • Previous Sale Recording Date: Oct 31, 2014
  • Previous Sale Amount: $240,500
  • 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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# 72662952

Frequently Asked Questions

When was property at 4 Hillcrest Road built and last sold?
The property at 4 Hillcrest Road was built in 1938 and last sold on Jul 15, 2020 for $350,000.
How much is this home worth?
The estimated value of the home located at 4 Hillcrest Road is $335,053.
What are some comparable homes to 4 Hillcrest Road?
There are currently no comparable homes to 4 Hillcrest Road.
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