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Essex 01810
5 Marigold Lane
Photo of 5 Marigold Lane
Sold on Jan 31, 2008

1

Map

$467,500
● House - Off Market

5 Marigold Lane

Andover, MA 01810
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,227 Ft²
$978,364
RealtyHop Estimate
99.71%
Since Feb 1, 2008
MA-Boston
Primary Model

About This Property

Lovingly maintained and updated with attention to detail, this comfy 3-4 bedroom home is accented with gleaming hardwood floors in the fireplaced living room and all 3 bedrooms.  Spacious kitchen and formal dining room with sliders to a fabulous deck overlooking the picturesque 1.4 acre lot, a gardener's paradise, and private inground pool area.  Convenient location and easy access to commuter routes and the privacy of a cul-de-sac neighborhood complete this well-priced home!
Unit Size
2,227 Ft²
Days on Market
-
Land Size
1.36 acres
Price per sqft
$220
Property Type
House
Property Taxes
$489
HOA Dues
-
Year Built
1967

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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 #70672932)

Price History

Date / Event Date Event Price
Jan 31, 2008 Sold
Premium
Sold
Nov 2, 2007 Listed $489,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 3
  • Basement Area: 1,471
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 59,677
  • Total Building Area: 2,584
  • Gross Building Area: 3,987
  • Building Area: 2,584
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,584
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001370
  • 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:00176 B:00003 L:0000K
  • Block: 3
  • Lot: K
  • Municipality: ANDOVER
  • Latitude: 42.6411
  • Longitude: -71.1928

    Address

  • Full Address: 5 Marigold Ln
  • Address - House Number: 5
  • Address - Street Name: Marigold
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Andover
  • Carrier Code: R004
  • 4-Digit Zip Code: 4405
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $965,900

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 916,013
  • High Value: 1,072,306
  • Low Value: 759,719

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $707,100
  • Assessed Land Value: $463,200
  • Assessed Improvements Value: $243,900

    Sales

  • Current Sale Recording Date: Jan 31, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2417
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

2534 ft²

Average Home Age

73 years

Currently For Sale

1483 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# 70672932

Frequently Asked Questions

When was property at 5 Marigold Lane built and last sold?
The property at 5 Marigold Lane was built in 1967 and last sold on Jan 1, 1970 for $467,500.
How much is this home worth?
The estimated value of the home located at 5 Marigold Lane is $514,348.
What are some comparable homes to 5 Marigold Lane?
There are currently no comparable homes to 5 Marigold Lane.
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