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Essex 01810
41 Bancroft Rd
$857,500
● House - Off Market

41 Bancroft Rd

Andover, MA 01810
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,594 Ft²
$1,608,137
RealtyHop Estimate
89.42%
Since Sep 1, 2013
MA-Boston
Primary Model

About This Property

A truly move-in ready home in esteemed Philips Academy/Bancroft school neighborhood! Oversized colonial w/spacious au pair suite – ideal for those w/extended live-in family. 5bed, 3.5bath, 2car garage. Interior HW & travertine floors, granite, stainless, tumbled-marble backsplash, surround sound; rain shower in master bath, his&her closets, laundry in basement & 2nd floor, 3 fireplaces. Tankless H2O heater, central vac & AC, radiant heat. Meticulously manicured lawn, stone walls, brick patio.
Unit Size
3,594 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$236
Property Type
House
Property Taxes
$767
HOA Dues
-
Year Built
2000

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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 #71526520)

Price History

Date / Event Date Event Price
Aug 14, 2013 Sold
Premium
Sold
May 16, 2013 Listed by Brownstone Realty Group $849,000
Listed by Brownstone Realty Group
Apr 2, 1999 Sold
Premium
Sold
Jan 7, 1999 Listed $209,900
Listed
LOCATION, LOCATION, LOCATION! IN PHILLIPS ACADEMY AREA. HOUSE NEEDS WORK, BUT WELL WORTH IT! AN ADDITIONAL ROOM WITH ACCESS THROUGH BACK STAIRS AND EXTERIOR DOOR.
Jan 3, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • 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: 1,217
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,792
  • Total Building Area: 3,616
  • Gross Building Area: 6,735
  • Building Area: 3,616
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,616
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE AT BRICKETT HILL
  • Land Acres: 0000000431
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254302

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00059 B:00023 L:00000
  • Block: 23
  • Municipality: ANDOVER
  • Latitude: 42.6396
  • Longitude: -71.1237

    Address

  • Full Address: 41 Bancroft Rd
  • Address - House Number: 41
  • Address - Street Name: Bancroft
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: C001
  • 4-Digit Zip Code: 4118
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,492,500

    Appraisal Valuation

  • Standard Deviation: 0.1551
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,298,461
  • High Value: 1,499,875
  • Low Value: 1,097,047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,092,600
  • Assessed Land Value: $462,100
  • Assessed Improvements Value: $630,500

    Sales

  • Current Sale Recording Date: Aug 14, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000002
  • Previous Sale Recording Date: Aug 06, 2007
  • 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

2546 ft²

Average Home Age

73.2 years

Currently For Sale

1483 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# 71526520

Frequently Asked Questions

When was property at 41 Bancroft Road built and last sold?
The property at 41 Bancroft Road was built in 2000 and last sold on Jan 1, 1970 for $857,500.
How much is this home worth?
The estimated value of the home located at 41 Bancroft Road is $858,350.
What are some comparable homes to 41 Bancroft Road?
There are currently no comparable homes to 41 Bancroft Road.
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