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Essex 01810
4 Island Way
$669,900
● House - Off Market

4 Island Way

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,371 Ft²
$1,363,870
RealtyHop Estimate
103.59%
Since Sep 1, 2012
MA-Boston
Primary Model

About This Property

Classic Colonial on cul-de-sac in prime location w/professionally landscaped level lot for summer enjoyment. Welcoming center foyer, formal LR & DR w/gleaming HW floors and picture windows. Updated kitchen w/granite, cherry cabinets, SS, bow window and work desk. Family room w/oversized brick FP and access to attached garage. HW floors throughout & ample size bedrooms w/lots of closet space. Heated game room w/full size windows. Near rail, schools & highway make this HOME TO BE PROUD OF!
Unit Size
3,371 Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$199
Property Type
House
Property Taxes
$635
HOA Dues
-
Year Built
1981

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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 #71396934)

Price History

Date / Event Date Event Price
Aug 31, 2012 Sold
Premium
Sold
Jun 14, 2012 Listed by Coldwell Banker Residential Brokerage - Andover $669,900
Listed by Coldwell Banker Residential Brokerage - Andover

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • 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: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,416
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,569
  • Total Building Area: 3,573
  • Gross Building Area: 4,842
  • Building Area: 3,573
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,573
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: UPSONS LNDG
  • Land Acres: 0000000679
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00140 B:00001 L:0000E
  • Block: 1
  • Lot: E
  • Municipality: ANDOVER
  • Latitude: 42.6201
  • Longitude: -71.1475

    Address

  • Full Address: 4 Island Way
  • Address - House Number: 4
  • Address - Street Name: Island
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Andover
  • Carrier Code: R005
  • 4-Digit Zip Code: 6043
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,128,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,068,522
  • High Value: 1,250,838
  • Low Value: 886,207

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $825,800
  • Assessed Land Value: $413,700
  • Assessed Improvements Value: $412,100

    Sales

  • Current Sale Recording Date: Aug 31, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000002
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

2533 ft²

Average Home Age

72.6 years

Currently For Sale

1471 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: 5 months ago
Data Source: MLS PIN, MLS# 71396934

Frequently Asked Questions

When was property at 4 Island Way built and last sold?
The property at 4 Island Way was built in 1981 and last sold on Jan 1, 1970 for $669,900.
How much is this home worth?
The estimated value of the home located at 4 Island Way is $706,664.
What are some comparable homes to 4 Island Way?
There are currently no comparable homes to 4 Island Way.
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