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Andover 01810
42 Central St
$935,000
● House - Off Market

42 Central St

Andover, MA 01810
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
4,484 Ft²
$1,629,408
RealtyHop Estimate
63.76%
Since Feb 1, 2017
MA-Boston
Primary Model

About This Property

Beautiful victorian home with an amazing location that has been loved for many years and has infinite potential for the next homeowner.  Home boasts two kitchens, three staircases, five fireplaces, two full and one half bath.  Enormous bedrooms, passage doors connecting rooms, wood flooring throughout most of home, french doors, solid working pocket doors to close off rooms.  All living areas are spacious with high ceilings.  Beautiful coffered ceiling in den, built-ins throughout home.  Walk up attic for future finished space or storage.  Carriage house with second floor.  Walk to train, downtown Andover center, schools.  Pretty corner lot. BRING YOUR OWN SPARKLE! And you will have made a smart investment.
Unit Size
4,484 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$222
Property Type
House
Property Taxes
$1,246
HOA Dues
-
Year Built
1840

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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: 4 months ago (MLSPIN #72038580)

Price History

Date / Event Date Event Price
Jun 15, 2020 Sold
Premium
Sold
Jan 20, 2017 Sold
Premium
Sold
Jul 15, 2016 Listed by Coldwell Banker Residential Brokerage - Andover $995,000
Listed by Coldwell Banker Residential Brokerage - Andover

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1840
  • Effective Year Built: 1840
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,150
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,162
  • Total Building Area: 4,841
  • Gross Building Area: 9,444
  • Building Area: 4,841
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,841
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000601
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254200

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00055 B:00134 L:00000
  • Block: 134
  • Municipality: ANDOVER
  • Latitude: 42.6529
  • Longitude: -71.1424

    Address

  • Full Address: 42 Central St
  • Address - House Number: 42
  • Address - Street Name: Central
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C022
  • 4-Digit Zip Code: 3911
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,205,500

    Appraisal Valuation

  • Standard Deviation: 0.2032
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 2,364,521
  • High Value: 2,845,051
  • Low Value: 1,883,991

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,614,600
  • Assessed Land Value: $702,800
  • Assessed Improvements Value: $911,800

    Sales

  • Current Sale Contract Date: Jun 15, 2020
  • Current Sale Recording Date: Jun 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14340
  • Previous Sale Recording Date: Jan 20, 2017
  • Previous Sale Amount: $935,000
  • Previous Sale Document Type: O
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 Andover

Stats & Trends

Median Asking:

$899,900

Sale Price/ft²

$416

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2602 ft²

Average Home Age

86.7 years

Currently For Sale

20 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: 4 months ago
Data Source: MLS PIN, MLS# 72038580

Frequently Asked Questions

When was property at 42 Central Street built and last sold?
The property at 42 Central Street was built in 1840 and last sold on Jun 15, 2020 for $1,775,000.
How much is this home worth?
The estimated value of the home located at 42 Central Street is $1,001,626.
What are some comparable homes to 42 Central Street?
There are currently no comparable homes to 42 Central Street.
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