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Essex 01810
5 Nollet Dr
$786,000
● House - Off Market

5 Nollet Dr

Andover, MA 01810
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
5,037 Ft²
$1,752,256
RealtyHop Estimate
119.06%
Since Nov 1, 2010
National-US
Primary Model

About This Property

A circular drive leads to this elegant Colonial with over 5000SF of living space  on quiet cul-de-sac in NEW school district. Gracious formal LR & DR, Sunny KIT w/ custom cabinets, NEW: granite,glass tile, SS app, BIG eating area & adjacent LIBRARY. Sun-drenched  FAM RM w/ wet bar, fp, cath ceiling. Elegant newly-renovated Master BATH w/ private deck, whirlpool & tiled shower. Bright fin walk-out lower level with large PLAYRM & office perfect for au-pair or in-home office. Close to 495 & 93
Unit Size
5,037 Ft²
Days on Market
-
Land Size
0.67 acres
Price per sqft
$159
Property Type
House
Property Taxes
$815
HOA Dues
-
Year Built
1993

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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: 5 months ago (MLSPIN #71123244)

Price History

Date / Event Date Event Price
Oct 19, 2010 Sold
Premium
Sold
Aug 13, 2010 Listed by Prudential Howe & Doherty $799,900
Listed by Prudential Howe & Doherty
Jun 30, 2004 Sold
Premium
Sold
Mar 19, 2004 Listed by Prudential Howe & Doherty $839,900
Listed by Prudential Howe & Doherty
Feb 21, 2002 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,086
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,111
  • Total Building Area: 5,037
  • Gross Building Area: 7,900
  • Building Area: 5,037
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,037
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEDARS EDGE
  • Land Acres: 0000000668
  • 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:00215 B:00021 L:00000
  • Block: 21
  • Municipality: ANDOVER
  • Latitude: 42.6701
  • Longitude: -71.2329

    Address

  • Full Address: 5 Nollet Dr
  • Address - House Number: 5
  • Address - Street Name: Nollet
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Andover
  • Carrier Code: R003
  • 4-Digit Zip Code: 6313
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,491,400
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.207
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 1,479,473
  • High Value: 1,785,750
  • Low Value: 1,173,197

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,091,800
  • Assessed Land Value: $388,700
  • Assessed Improvements Value: $703,100

    Sales

  • Current Sale Recording Date: Oct 19, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 27822
  • Previous Sale Recording Date: Jun 30, 2004
  • Previous Sale Amount: $850,000
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2523 ft²

Average Home Age

72.6 years

Currently For Sale

1457 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71123244

Frequently Asked Questions

When was property at 5 Nollet Drive built and last sold?
The property at 5 Nollet Drive was built in 1993 and last sold on Jan 1, 1970 for $786,000.
How much is this home worth?
The estimated value of the home located at 5 Nollet Drive is $866,927.
What are some comparable homes to 5 Nollet Drive?
There are currently no comparable homes to 5 Nollet Drive.
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