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Essex 01810
4 Ridge Hill Way
$660,000
● House - Off Market

4 Ridge Hill Way

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,810 Ft²
$1,247,241
RealtyHop Estimate
94.91%
Since Aug 1, 2013
National-US
Primary Model

About This Property

Absolutely Stunning! Beautiful floor plan. LVG RM w/built-ins & fireplace. KITCH w/center island, ss appliances, granite counter tops & large eat-in area overlooking a step down FAM RM w/cathedral ceilings, skylights beautiful built-ins and large windows overlooking flat private backyard.  DNG RM w/columns & moldings. Private office. HW floors on the 1st floor. Screened porch. Beautiful neutral decor. Master BR w/double closets & bath w/Jacuzzi style tub & walk-in open shower. Walk to schools.
Unit Size
2,810 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$228
Property Type
House
Property Taxes
$688
HOA Dues
-
Year Built
1983

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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 #71511029)

Price History

Date / Event Date Event Price
Jul 2, 2013 Sold
Premium
Sold
Apr 17, 2013 Listed by Prudential Howe & Doherty $639,900
Listed by Prudential Howe & Doherty
Aug 15, 1997 Sold
Premium
Sold
Jun 9, 1997 Listed by Prudential Howe & Doherty $459,900
Listed by Prudential Howe & Doherty

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,008
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,117
  • Total Building Area: 3,314
  • Gross Building Area: 4,143
  • Building Area: 3,314
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,314
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000691
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254402

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00217 B:00001 L:0000E
  • Block: 1
  • Lot: E
  • Municipality: ANDOVER
  • Latitude: 42.6625
  • Longitude: -71.2175

    Address

  • Full Address: 4 Ridge Hill Way
  • Address - House Number: 4
  • Address - Street Name: Ridge Hill
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Andover
  • Carrier Code: R003
  • 4-Digit Zip Code: 3272
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,105,900

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,120,153
  • High Value: 1,311,278
  • Low Value: 929,028

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $809,600
  • Assessed Land Value: $368,400
  • Assessed Improvements Value: $441,200

    Sales

  • Current Sale Recording Date: Jul 02, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19250
  • Previous Sale Recording Date: Aug 15, 1997
  • Previous Sale Amount: $442,000
  • 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

$383

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2510 ft²

Average Home Age

73.3 years

Currently For Sale

1405 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# 71511029

Frequently Asked Questions

When was property at 4 Ridge Hill Way built and last sold?
The property at 4 Ridge Hill Way was built in 1983 and last sold on Jan 1, 1970 for $660,000.
How much is this home worth?
The estimated value of the home located at 4 Ridge Hill Way is $659,378.
What are some comparable homes to 4 Ridge Hill Way?
There are currently no comparable homes to 4 Ridge Hill Way.
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