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Essex 01810
41 Bailey Road
Photo of 41 Bailey Road
Sold on Nov 4, 2009

1

Map

$600,000
● House - Off Market

41 Bailey Road

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,939 Ft²
$1,313,135
RealtyHop Estimate
111.83%
Since Dec 1, 2009
National-US
Primary Model

About This Property

Classic Colonial on acre+ of natural beauty. 9 RMs that has been lovingly updated & maintained! This lovely home features a Lrg updated granite E/I kitchen, picture window nicely placed to allow views of nature & yard. Family Rm w/FP, slider to expansive deck & vaulted ceiling, Gracious sized RMs, freshly painted, Hrdwd flrs, front-to-back LR,DR w/chair rail, huge Grt Rm w/vaulted ceiling. This sunny, spacious beauty offers 4 BRs, mstr BA, full house fan, security sys,2 stall garage, I/G pool
Unit Size
2,939 Ft²
Days on Market
-
Land Size
1.31 acres
Price per sqft
$211
Property Type
House
Property Taxes
$668
HOA Dues
-
Year Built
1986

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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: 4 months ago (MLSPIN #70922413)

Price History

Date / Event Date Event Price
Nov 4, 2009 Sold
Premium
Sold
May 21, 2009 Listed $619,900
Listed
Jul 10, 1987 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,358
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 57,499
  • Total Building Area: 3,600
  • Gross Building Area: 5,274
  • Building Area: 3,600
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,600
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANDOVER
  • Land Acres: 0000001320
  • 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:00225 B:00008 L:00000
  • Block: 8
  • Municipality: ANDOVER
  • Latitude: 42.6556
  • Longitude: -71.2315

    Address

  • Full Address: 41 Bailey Rd
  • Address - House Number: 41
  • Address - Street Name: Bailey
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: R002
  • 4-Digit Zip Code: 4200
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,260,400

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,222,283
  • High Value: 1,415,348
  • Low Value: 1,029,218

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $922,700
  • Assessed Land Value: $462,500
  • Assessed Improvements Value: $460,200

    Sales

  • Current Sale Recording Date: Nov 04, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 31948
  • Previous Sale Recording Date: Jul 10, 1987
  • Previous Sale Amount: $375,000
  • 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70922413

Frequently Asked Questions

When was property at 41 Bailey Road built and last sold?
The property at 41 Bailey Road was built in 1986 and last sold on Jan 1, 1970 for $600,000.
How much is this home worth?
The estimated value of the home located at 41 Bailey Road is $650,254.
What are some comparable homes to 41 Bailey Road?
There are currently no comparable homes to 41 Bailey Road.
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