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Essex 01810
5 Joseph St
$484,500
● House - Off Market

5 Joseph St

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,680 Ft²
$971,439
RealtyHop Estimate
94.33%
Since Feb 1, 2014
National-US
Primary Model

About This Property

Attractive Colonial on quiet cul-de-sac in High Plain/Wood Hill School District!  This home features a newer eat in kitchen with dining area, granite counter tops and upscale appliances plus slider access to rear deck, sun filled living room with hardwood floors and fireplace plus a family room with slider access to rear deck. Upstairs you'll find four spacious bedrooms with ample closet space and 2 full baths. The lower level is recently finished into a playroom or additional family room and includes 2 separate office spaces and laundry area. Superb lot with an oversized deck, storage shed and privacy completes this well landscaped home.
Unit Size
2,680 Ft²
Days on Market
-
Land Size
1.35 acres
Price per sqft
$187
Property Type
House
Property Taxes
$567
HOA Dues
-
Year Built
1971

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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: 4 months ago (MLSPIN #71595274)

Price History

Date / Event Date Event Price
Jan 31, 2014 Sold
Premium
Sold
Oct 10, 2013 Listed by RE/MAX Partners $499,900
Listed by RE/MAX Partners
Jun 30, 1992 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 7
  • 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: 18
  • 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: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 58,806
  • Total Building Area: 2,504
  • Gross Building Area: 4,380
  • Building Area: 2,504
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,504
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001350
  • 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:00129 B:00034 L:00000
  • Block: 34
  • Municipality: ANDOVER
  • Latitude: 42.6781
  • Longitude: -71.1899

    Address

  • Full Address: 5 Joseph St
  • Address - House Number: 5
  • Address - Street Name: Joseph
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C013
  • 4-Digit Zip Code: 1101
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $997,900

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 884,105
  • High Value: 1,034,426
  • Low Value: 733,785

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $730,500
  • Assessed Land Value: $405,400
  • Assessed Improvements Value: $325,100

    Sales

  • Current Sale Recording Date: Jan 31, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2070
  • Previous Sale Recording Date: Jun 30, 1992
  • Previous Sale Amount: $201,000
  • 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71595274

Frequently Asked Questions

When was property at 5 Joseph Street built and last sold?
The property at 5 Joseph Street was built in 1971 and last sold on Jan 1, 1970 for $484,500.
How much is this home worth?
The estimated value of the home located at 5 Joseph Street is $530,121.
What are some comparable homes to 5 Joseph Street?
There are currently no comparable homes to 5 Joseph Street.
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