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Essex 01810
4 Ivy Lane
$408,000
● House - Off Market

4 Ivy Lane

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,273 Ft²
$993,398
RealtyHop Estimate
125.82%
Since Jul 1, 2002
MA-Boston
Primary Model

About This Property

THIS BEAUTIFUL HOME IS SUNNY & BRIGHT, LOCATED IN AN EXCELNT NGHBRHD CLOSE TO TOWN & CMTR RTES.FRESHLY PAINTED WITH MANY UPDATES, INCL: NEW SIDING, GARAGE DOORS, FRONT DOOR, & CARPET. HW FLRS UPSTAIRS, NEW KIT APPL. 3FP. SCRND PORCH.
Unit Size
2,273 Ft²
Days on Market
-
Land Size
0.77 acres
Price per sqft
$194
Property Type
House
Property Taxes
$350
HOA Dues
-
Year Built
1966

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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: 6 months ago (MLSPIN #30598416)

Price History

Date / Event Date Event Price
Jun 20, 2002 Sold
Premium
Sold
Apr 17, 2002 Listed by Prudential Howe & Doherty $439,900
Listed by Prudential Howe & Doherty
Jun 30, 1988 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 19
  • 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: 2,056
  • Garage Type: 17
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,724
  • Total Building Area: 3,343
  • Gross Building Area: 4,515
  • Building Area: 3,343
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,343
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000774
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254302

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00044 B:00006 L:00000
  • Block: 6
  • Municipality: ANDOVER
  • Latitude: 42.6281
  • Longitude: -71.1181

    Address

  • Full Address: 4 Ivy Ln
  • Address - House Number: 4
  • Address - Street Name: Ivy
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Andover
  • Carrier Code: C024
  • 4-Digit Zip Code: 5018
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,127,600

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 967,430
  • High Value: 1,131,918
  • Low Value: 802,942

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $825,500
  • Assessed Land Value: $493,000
  • Assessed Improvements Value: $332,500

    Sales

  • Current Sale Recording Date: Jun 20, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 30, 1988
  • Previous Sale Amount: $234,000
  • Previous Sale Document Type: 27
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

2501 ft²

Average Home Age

73.5 years

Currently For Sale

1398 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

Unit for rent at 23 Florence, Andover, 01810

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
23 Florence, Andover, 01810 Listing by Julie Ratte

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 30598416

Frequently Asked Questions

When was property at 4 Ivy Lane built and last sold?
The property at 4 Ivy Lane was built in 1966 and last sold on Jan 1, 1970 for $408,000.
How much is this home worth?
The estimated value of the home located at 4 Ivy Lane is $463,113.
What are some comparable homes to 4 Ivy Lane?
There are currently no comparable homes to 4 Ivy Lane.
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