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Essex
401 Andover Street
Photo of 401 Andover Street
Sold on May 27, 2010

1

Map

$240,000
● House - Off Market

401 Andover Street

Georgetown, MA 01833
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,312 Ft²
$544,740
RealtyHop Estimate
110.32%
Since Jun 1, 2010
National-US
Primary Model

About This Property

Solid 3 bedroom Ranch awaiting your finishing touches. Perfect for the First Time Home Buyer!  Sited on a spacious 0.75 Acre lot, with Conservation land behind that provides wooded privacy. Offering hardwood floors, spacious Living room with wood stove, 3 bedrooms plus Den, Master bedroom has 1/2 bath, full basement and ample parking. Title V Certification in hand!  Don't miss out on the opportunity for the $8,000 tax credit....you can be in this wonderful property well before the deadline.
Unit Size
1,312 Ft²
Days on Market
-
Land Size
0.75 acres
Price per sqft
$197
Property Type
House
Property Taxes
$266
HOA Dues
-
Year Built
1954

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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: 2 years ago (MLSPIN #71033118)

Price History

Date / Event Date Event Price
May 27, 2010 Sold
Premium
Sold
Feb 16, 2010 Listed $259,000
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,500
  • Total Building Area: 1,312
  • Gross Building Area: 3,000
  • Building Area: 1,312
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,312
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000746
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Georgetown School District
  • School Tax School District: GEORGETOWN SD
  • Census Tract: 265101

Geography

  • District: 105
  • Parcel: GEOR M:00002 B:00000 L:00021
  • Lot: 21
  • Municipality: GEORGETOWN
  • Latitude: 42.7123
  • Longitude: -71.0213

    Address

  • Full Address: 401 Andover St
  • Address - House Number: 401
  • Address - Street Name: Andover
  • Address - Suffix Type: St
  • State: MA
  • City Name: Georgetown
  • Carrier Code: R015
  • 4-Digit Zip Code: 1307
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $592,600

    Appraisal Valuation

  • Standard Deviation: 0.171
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 610,330
  • High Value: 714,726
  • Low Value: 505,933

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $472,200
  • Assessed Land Value: $189,900
  • Assessed Improvements Value: $282,300

    Sales

  • Current Sale Recording Date: May 27, 2010
  • 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

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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

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Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 71033118

Frequently Asked Questions

When was property at 401 Andover Street built and last sold?
The property at 401 Andover Street was built in 1954 and last sold on Jan 1, 1970 for $240,000.
How much is this home worth?
The estimated value of the home located at 401 Andover Street is $0.
What are some comparable homes to 401 Andover Street?
There are currently no comparable homes to 401 Andover Street.
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