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Essex 01810
4 Penacook Place
$418,000
● House - Off Market

4 Penacook Place

Andover, MA 01810
bedrooms
5 Beds
bathrooms
3 Baths
square feet
4,000 Ft²
$1,945,714
RealtyHop Estimate
357.81%
Since Dec 1, 1995
MA-Boston
Primary Model

About This Property

BLT W/QUALITY FOR LUXURIOUS LIVING!5 BDRM,3 FLL BTH, BRCK FRNT CAPE W/HUGE RMS. 3 F/PS, VERY FLEXIBLE FLRPLN, 4 BDRMS UP, 1 BDRM & FLL BTH ON 1ST FLR.FAM RM PLS GAMERM. C/A & VAC NEW DECKS,NEW HOT WATER HEATER,BASKTBLL CRT & BRCK DRVWAY.
Unit Size
4,000 Ft²
Days on Market
-
Land Size
0.78 acres
Price per sqft
$106
Property Type
House
Property Taxes
$521
HOA Dues
-
Year Built
1980

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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 years ago (MLSPIN #30068694)

Price History

Date / Event Date Event Price
Nov 29, 1995 Sold
Premium
Sold
Sep 15, 1995 Listed by Re/max Preferred, Inc. $425,000
Listed by Re/max Preferred, Inc.

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 2,046
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,121
  • Total Building Area: 4,402
  • Gross Building Area: 8,063
  • Building Area: 4,402
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,402
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIAN RDG ESTATES
  • Land Acres: 0000000783
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254403

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00113 B:00025 L:00000
  • Block: 25
  • Municipality: ANDOVER
  • Latitude: 42.6434
  • Longitude: -71.1611

    Address

  • Full Address: 4 Penacook Pl
  • Address - House Number: 4
  • Address - Street Name: Penacook
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Andover
  • Carrier Code: C027
  • 4-Digit Zip Code: 4737
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,737,600

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,578,624
  • High Value: 1,827,974
  • Low Value: 1,329,273

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,272,000
  • Assessed Land Value: $565,300
  • Assessed Improvements Value: $706,700

    Sales

  • Current Sale Recording Date: Nov 29, 1995
  • Current Sale Price:
    Premium
  • Current 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2541 ft²

Average Home Age

72.9 years

Currently For Sale

1497 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: 4 years ago
Data Source: MLS PIN, MLS# 30068694

Frequently Asked Questions

When was property at 4 Penacook Place built and last sold?
The property at 4 Penacook Place was built in 1980 and last sold on Jan 1, 1970 for $418,000.
How much is this home worth?
The estimated value of the home located at 4 Penacook Place is $0.
What are some comparable homes to 4 Penacook Place?
There are currently no comparable homes to 4 Penacook Place.
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