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Essex 01810
45 Vine St
$542,500
● House - Off Market

45 Vine St

Andover, MA 01810
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,508 Ft²
$783,247
RealtyHop Estimate
42.43%
Since Dec 1, 2019
MA-Boston
Primary Model

About This Property

Well-maintained expansive ranch set on private wooded lot. Lots of natural light in the kitchen dining area.  The kitchen includes an abundance of cabinets (maple), along with brand new appliances (refrigerator, wall oven, and dishwasher). Open floor plan with combination living room and dining room, centered by a working fireplace.  Living room opens to large private patio for great summer entertaining. Upgrades throughout the years include younger roof, cedar shakes, tilt-in thermopane windows.  Master Bedroom addition (1998) opens to small deck for morning coffee.  Partially finished lower level includes family room and study with closet.  Near Taft Reservation for hiking.
Unit Size
2,508 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$219
Property Type
House
Property Taxes
$634
HOA Dues
-
Year Built
1947

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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 #72571328)

Price History

Date / Event Date Event Price
Nov 21, 2019 Sold
Premium
Sold
Sep 26, 2019 Listed by RE/MAX Partners $549,900
Listed by RE/MAX Partners
Mar 31, 1997 Sold
Premium
Sold
Jan 27, 1997 Listed by RE/MAX Partners $209,900
Listed by RE/MAX Partners

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,672
  • 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: 2,508
  • Gross Building Area: 4,210
  • Building Area: 2,508
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,508
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00027 B:00011 L:0000A
  • Block: 11
  • Lot: A
  • Municipality: ANDOVER
  • Latitude: 42.6332
  • Longitude: -71.1129

    Address

  • Full Address: 45 Vine St
  • Address - House Number: 45
  • Address - Street Name: Vine
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C016
  • 4-Digit Zip Code: 5127
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $910,600

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 810,605
  • High Value: 949,028
  • Low Value: 672,182

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $666,600
  • Assessed Land Value: $406,400
  • Assessed Improvements Value: $260,200

    Sales

  • Current Sale Contract Date: Nov 14, 2019
  • Current Sale Recording Date: Nov 21, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 29383
  • Previous Sale Recording Date: Mar 31, 1997
  • Previous Sale Amount: $209,900
  • 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

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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: 4 months ago
Data Source: MLS PIN, MLS# 72571328

Frequently Asked Questions

When was property at 45 Vine Street built and last sold?
The property at 45 Vine Street was built in 1947 and last sold on Nov 14, 2019 for $542,500.
How much is this home worth?
The estimated value of the home located at 45 Vine Street is $571,739.
What are some comparable homes to 45 Vine Street?
There are currently no comparable homes to 45 Vine Street.
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