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Essex 01810
42 Boston Rd
$305,000
● House - Off Market

42 Boston Rd

Andover, MA 01810
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,040 Ft²
$554,331
RealtyHop Estimate
81.75%
Since Mar 1, 2015
MA-Boston
Primary Model

About This Property

Andover charm, move in ready, updates throughout. Great commuter location 20 miles north of Boston. Corner lot home offers cozy comfort in a quiet, friendly neighborhood. Parquet hardwood floor in spacious living room. Brick corner hearth with wood stove hook-up. Updated kitchen with dishwasher, all new appliances. Ample storage cabinets throughout. Laundry and additional storage in basement. Inviting backyard perfect for relaxing or entertaining. Attached garage. Insulation upgrade and new hot water tank in 2013. A quick stroll away from hiking trails and Harold Parker State Forest. MUST BE PRE-APPROVED FOR A MORTGAGE.
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$293
Property Type
House
Property Taxes
$328
HOA Dues
-
Year Built
1907

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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: 6 months ago (MLSPIN #71783316)

Price History

Date / Event Date Event Price
Feb 27, 2015 Sold
Premium
Sold
Jan 13, 2015 Listed by The Greene Realty Group $304,999
Listed by The Greene Realty Group
Oct 2, 2009 Sold
Premium
Sold
Aug 11, 2009 Listed by The Greene Realty Group $269,000
Listed by The Greene Realty Group

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 1907
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 556
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,202
  • Total Building Area: 1,038
  • Gross Building Area: 2,150
  • Building Area: 1,038
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,038
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000188
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254301

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00083 B:00018 L:00000
  • Block: 18
  • Municipality: ANDOVER
  • Latitude: 42.6127
  • Longitude: -71.1268

    Address

  • Full Address: 42 Boston Rd
  • Address - House Number: 42
  • Address - Street Name: Boston
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: C021
  • 4-Digit Zip Code: 6152
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $579,200

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 522,224
  • High Value: 614,150
  • Low Value: 430,298

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $424,000
  • Assessed Land Value: $260,700
  • Assessed Improvements Value: $163,300

    Sales

  • Current Sale Recording Date: Feb 27, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4194
  • Previous Sale Recording Date: Oct 02, 2009
  • Previous Sale Amount: $267,500
  • 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

$383

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2478 ft²

Average Home Age

73.4 years

Currently For Sale

1430 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: 6 months ago
Data Source: MLS PIN, MLS# 71783316

Frequently Asked Questions

When was property at 42 Boston Road built and last sold?
The property at 42 Boston Road was built in 1907 and last sold on Jan 1, 1970 for $305,000.
How much is this home worth?
The estimated value of the home located at 42 Boston Road is $312,907.
What are some comparable homes to 42 Boston Road?
There are currently no comparable homes to 42 Boston Road.
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