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Essex 01810
43 Lowell Street
$440,000
● House - Off Market

43 Lowell Street

Andover, MA 01810
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,569 Ft²
$632,077
RealtyHop Estimate
40.81%
Since Mar 1, 2020
MA-Boston
Primary Model

About This Property

Enjoy the charm of an ANTIQUE COLONIAL with many updates including: bathrooms, kitchen, tile, windows, lighting and more. This sunny home has been freshly painted inside. The main level floor plan is surprisingly open with columns between the living room and family room. The dining room flows beautifully to the large modern kitchen. There's even an adjacent full bath and closets. Upstairs is a full updated bath, 3 bedrooms. Please note there is no closet in this room. Close to the commuter rail and bus + shopping. A detached 1-car garage and yard with mature trees makes this a great alternative to a condo!
Unit Size
1,569 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$286
Property Type
House
Property Taxes
$566
HOA Dues
-
Year Built
1830

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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: 5 months ago (MLSPIN #72600483)

Price History

Date / Event Date Event Price
Feb 14, 2020 Sold
Premium
Sold
Dec 13, 2019 Listed by William Raveis R.E. & Home Services $448,900
Listed by William Raveis R.E. & Home Services
Jan 10, 2018 Sold
Premium
Sold
Sep 16, 2017 Listed by William Raveis R.E. & Home Services $399,900
Listed by William Raveis R.E. & Home Services
Mar 27, 2002 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1830
  • Effective Year Built: 1830
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 876
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Total Building Area: 1,569
  • Gross Building Area: 3,012
  • Building Area: 1,569
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,569
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254100

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00052 B:00079 L:00000
  • Block: 79
  • Municipality: ANDOVER
  • Latitude: 42.6699
  • Longitude: -71.1547

    Address

  • Full Address: 43 Lowell St
  • Address - House Number: 43
  • Address - Street Name: Lowell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C007
  • 4-Digit Zip Code: 2929
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $777,800

    Appraisal Valuation

  • Standard Deviation: 0.2331
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 604,391
  • High Value: 745,312
  • Low Value: 463,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $569,400
  • Assessed Land Value: $314,700
  • Assessed Improvements Value: $254,700

    Sales

  • Current Sale Contract Date: Nov 17, 2019
  • Current Sale Recording Date: Feb 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 3729
  • Previous Sale Recording Date: Jan 10, 2018
  • Previous Sale Amount: $407,000
  • 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 Essex

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2520 ft²

Average Home Age

73.2 years

Currently For Sale

1449 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

Unit for rent at 23 Florence, Andover, 01810

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
23 Florence, Andover, 01810 Listing by Julie Ratte

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72600483

Frequently Asked Questions

When was property at 43 Lowell Street built and last sold?
The property at 43 Lowell Street was built in 1830 and last sold on Nov 17, 2019 for $440,000.
How much is this home worth?
The estimated value of the home located at 43 Lowell Street is $461,610.
What are some comparable homes to 43 Lowell Street?
There are currently no comparable homes to 43 Lowell Street.
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