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Essex 01810
418 River Road
Photo of 418 River Road
Sold on Aug 31, 2006

1

Map

$438,000
● House - Off Market

418 River Road

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,900 Ft²
$775,663
RealtyHop Estimate
68.66%
Since Sep 1, 2006
National-US
Primary Model

About This Property

Classic Colonial on gorgeous treed lot with privacy and room for family gatherings. This home features 4 lg bedrooms, including master suite, all with ample closet space. The living & dining rooms offer hrdwd floors & the fam rm offers W/W carpeting & fireplace. Add'l features include 2 car garage with room for extra storage, walk-up attic, newer roof, windows, heating system & driveway. Wonderful opportunity in new High Plain School district.
Unit Size
1,900 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$242
Property Type
House
Property Taxes
$460
HOA Dues
-
Year Built
1980

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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: 5 months ago (MLSPIN #70423407)

Price History

Date / Event Date Event Price
Aug 31, 2006 Sold
Premium
Sold
Jul 14, 2006 Listed $459,900
Listed
Aug 25, 2000 Sold
Premium
Sold
Apr 5, 2000 Listed $324,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 912
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,900
  • Gross Building Area: 3,640
  • Building Area: 1,900
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,900
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CASABLANCAA TWNHS
  • Land Acres: 0000001000
  • 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:00228 B:00002 L:0000A
  • Block: 2
  • Lot: A
  • Municipality: ANDOVER
  • Latitude: 42.6596
  • Longitude: -71.2399

    Address

  • Full Address: 418 River Rd
  • Address - House Number: 418
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: R002
  • 4-Digit Zip Code: 4298
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $899,400
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1543
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 873,639
  • High Value: 1,008,509
  • Low Value: 738,770

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $658,400
  • Assessed Land Value: $360,300
  • Assessed Improvements Value: $298,100

    Sales

  • Current Sale Recording Date: Aug 31, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 29763
  • Previous Sale Recording Date: Aug 25, 2000
  • Previous Sale Amount: $320,000
  • 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

2558 ft²

Average Home Age

72.5 years

Currently For Sale

1466 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70423407

Frequently Asked Questions

When was property at 418 River Road built and last sold?
The property at 418 River Road was built in 1980 and last sold on Jan 1, 1970 for $438,000.
How much is this home worth?
The estimated value of the home located at 418 River Road is $470,792.
What are some comparable homes to 418 River Road?
There are currently no comparable homes to 418 River Road.
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