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Essex 01810
LOT 4 Scotland Drive
$575,000
● House - Off Market

LOT 4 Scotland Drive

Andover, MA 01810
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,500 Ft²
$2,223,313
RealtyHop Estimate
271.17%
Since Sep 1, 1996
National-US
Primary Model

About This Property

LOVELY CONT COL ON THE GROUNDS OF ACC. WALK TO GOLF OR TOWN. GORGEOUS CROWN MOLDINGS, HW FLRS & SOARING CEILS ADD SO MUCH LUXURY TO THIS FINE HOME. EAT-IN KIT W/FP & SITTING AREA. FORMAL LR & DR, GAME ROOM, MASTER SUITE & MORE
Unit Size
3,500 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$171
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1994

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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 #30075283)

Price History

Date / Event Date Event Price
Jun 23, 2000 Sold
Premium
Sold
Apr 13, 2000 Listed $965,000
Listed
Aug 26, 1996 Sold
Premium
Sold
Oct 27, 1995 Listed $599,000
Listed
May 10, 1995 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • 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: 3
  • Basement Area: 3,064
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,998
  • Total Building Area: 4,836
  • Gross Building Area: 6,525
  • Building Area: 4,836
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,836
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: C A INVESTMENT TRUST
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254100

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00069 B:00018 L:0000H
  • Block: 18
  • Lot: H
  • Municipality: ANDOVER
  • Latitude: 42.6726
  • Longitude: -71.1633

    Address

  • Full Address: 4 Scotland Dr
  • Address - House Number: 4
  • Address - Street Name: Scotland
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Andover
  • Carrier Code: C007
  • 4-Digit Zip Code: 2500
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,765,700

    Appraisal Valuation

  • Standard Deviation: 0.1551
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,758,517
  • High Value: 2,031,294
  • Low Value: 1,485,740

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,292,600
  • Assessed Land Value: $504,300
  • Assessed Improvements Value: $788,300

    Sales

  • Current Sale Recording Date: Jun 23, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 10, 1995
  • Previous Sale Amount: $540,000
  • 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

2523 ft²

Average Home Age

72.6 years

Currently For Sale

1457 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# 30075283

Frequently Asked Questions

When was property at 4 Scotland Drive built and last sold?
The property at 4 Scotland Drive was built in 1994 and last sold on Jan 1, 1970 for $950,000.
How much is this home worth?
The estimated value of the home located at 4 Scotland Drive is $998,093.
What are some comparable homes to 4 Scotland Drive?
There are currently no comparable homes to 4 Scotland Drive.
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