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Essex 01810
5 Mitton Circle
$550,000
● House - Off Market

5 Mitton Circle

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,711 Ft²
$829,076
RealtyHop Estimate
42.97%
Since Jan 1, 2020
MA-Boston
Primary Model

About This Property

Rarely does a house like this come onto the market.  Lovingly cared for by the same family for almost 50 years,  updated kitchen and  ready for its' new owner. Set on a cul de sac with only one other home. This beauty features  a spacious Master Bedroom with private bath, and three additional ample size bedrooms. Sun drenched  Kitchen with granite counters and tons of cabinets ,Open and airy Dining Room, front to back Living Room, and attached three season room opening up to a deck with retractable awning.  Laundry room is located off the attached two car garage.  Full basement for storage, or perhaps to finish for additional living space.  Set on an acre of land, this private and inviting home is minutes from major highway, commuter rail, and shopping.
Unit Size
1,711 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$339
Property Type
House
Property Taxes
$688
HOA Dues
-
Year Built
1969

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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 #72574746)

Price History

Date / Event Date Event Price
Dec 31, 2019 Sold
Premium
Sold
Oct 3, 2019 Listed by Berkshire Hathaway HomeServices Verani Realty $579,900
Listed by Berkshire Hathaway HomeServices Verani Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1,704
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,213
  • Total Building Area: 1,711
  • Gross Building Area: 4,293
  • Building Area: 1,711
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 1,711
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANDOVER
  • Land Acres: 0000001015
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254403

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00157 B:00004 L:0000D
  • Block: 4
  • Lot: D
  • Municipality: ANDOVER
  • Latitude: 42.627
  • Longitude: -71.1656

    Address

  • Full Address: 5 Mitton Cir
  • Address - House Number: 5
  • Address - Street Name: Mitton
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Andover
  • Carrier Code: C027
  • 4-Digit Zip Code: 5823
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $977,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 78
  • Final Value: 829,157
  • High Value: 969,560
  • Low Value: 688,753

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $715,600
  • Assessed Land Value: $458,000
  • Assessed Improvements Value: $257,600

    Sales

  • Current Sale Contract Date: Dec 31, 2019
  • Current Sale Recording Date: Dec 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 33735
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

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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# 72574746

Frequently Asked Questions

When was property at 5 Mitton Circle built and last sold?
The property at 5 Mitton Circle was built in 1969 and last sold on Dec 31, 2019 for $550,000.
How much is this home worth?
The estimated value of the home located at 5 Mitton Circle is $587,616.
What are some comparable homes to 5 Mitton Circle?
There are currently no comparable homes to 5 Mitton Circle.
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