Essex
4 Robert Drive #22
$1,350,000
●
Condo -
Off Market
4 Robert Drive #22
Andover, MA 01833
3 Beds
5 Baths,
1
Half Bath
4,040 Ft²
$1,461,241
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model
About This Property
Relax and work from home in the tranquil setting overlooking the
majestic trees and natural greenery. Gourmet kitchen, laundry
room, bright living/dining area and main bedroom are all on the
first floor. Mid-level family room with fireplace leads to
second floor with two spacious en-suite bedrooms perfect for
guests. Open and bright walk-out provides space for many
options...home theater, gym, game room, additional bedroom or home
workshop. Inviting paver patio extends lower level living to
the fresh outdoors. This unit is ready to close!
Unit Size
4,040 Ft²
Days on Market
-
Land Size
-
Price per sqft
$359
Property Type
Condo
Property Taxes
-
HOA Dues
$643
Year Built
1962
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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 #73060715)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 25, 2023 | Sold | ||
| Sold | |||
| Apr 5, 2023 | In contract | - | |
| In contract | |||
| Nov 25, 2022 | Listed by Cormier Properties | $1,450,000 | |
| Listed by Cormier Properties | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Interior Details
Level: First
Features: Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Cable Hookup, Recessed Lighting, Stainless Steel Appliances, Wine Chiller, Crown Molding
Level: Second
Features: Bathroom - 3/4, Walk-In Closet(s), Flooring - Hardwood, Attic Access, Cable Hookup, Lighting - Overhead
Features: Bathroom - Full, Flooring - Hardwood, Cable Hookup, Lighting - Overhead
Level: Second
Features: Flooring - Hardwood, Open Floorplan, Lighting - Overhead
Level: First
Features: Bathroom - 3/4, Walk-In Closet(s), Flooring - Hardwood, Cable Hookup, Double Vanity, Lighting - Overhead, Crown Molding
Level: First
Level: Main, First
Features: Flooring - Hardwood, Cable Hookup, Open Floorplan, Recessed Lighting
Level: Second
Features: Ceiling Fan(s), Flooring - Hardwood, Cable Hookup, Recessed Lighting
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: Bathroom - 3/4, Cable Hookup, Recessed Lighting, Bonus Room
Appliances: Oven, Dishwasher, Disposal, Microwave, Countertop Range, Refrigerator, Wine Refrigerator, Vacuum System, Range Hood, Tank Water Heaterless
Flooring Type: Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet
Laundry Features: Flooring - Stone/Ceramic Tile, First Floor, In Unit
Rooms: 7
Has Fireplace
Fireplace Features: Family Room, Living Room
Fireplaces: 2
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached
Garage Spaces: 2
Exterior Details
Entry Level: 1
Year Built Source: Builder
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Frenchman's Reserve
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Lead Paint: None
Lot Size Units: Acres
Parcel Number: 5003487
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Association Fee Frequency: Monthly
HOA Fee: $643
Pets Allowed: Yes w/ Restrictions
Management: Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/25/2022
|
3 Bed
|
5 Bath
|
4040 ft²
|
$1,450,000
3 Bed
5 Bath
4040 ft²
|
$1,350,000
-6.90%
05/25/2023
|
Diane Caissie
Cormier Properties
| |
|
09/29/2003
| |
4 Bed
|
2 Bath
|
1688 ft²
|
$359,900
4 Bed
2 Bath
1688 ft²
|
$355,000
-1.36%
12/30/2003
|
Diane Manning
Coco, Early & Associates, The Alperin Division
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017