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Essex 01810
5 Orchard Street
Photo of 5 Orchard Street
Sold on Jul 31, 2007

1

Map

$671,000
● House - Off Market

5 Orchard Street

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,894 Ft²
$1,311,596
RealtyHop Estimate
87.40%
Since Aug 1, 2007
MA-Boston
Primary Model

About This Property

Well built & meticulously maintained Colonial located in desirable nghbrhd close to Phillips Academy & town. Features include hrdwd flrs throughout, updated kit w/ granite counters, 4 spacious bdrms & 2.5 tiled baths. The lg yard w/ expansive screened porch overlooks a level lot & abuts a cul-de-sac. Add'l updates include a newer roof, replacement windows & heating sys. Fabulous opportunity to own a quality home in convenient location.
Unit Size
2,894 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$242
Property Type
House
Property Taxes
$592
HOA Dues
-
Year Built
1977

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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: 6 months ago (MLSPIN #70549572)

Price History

Date / Event Date Event Price
Aug 5, 2021 Sold
Premium
Sold
Jun 1, 2021 Listed $925,000
Listed
Jul 31, 2007 Sold
Premium
Sold
Mar 29, 2007 Listed $699,900
Listed

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 8
  • 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: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,438
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,300
  • Total Building Area: 2,936
  • Gross Building Area: 5,015
  • Building Area: 2,936
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,936
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORCHARD ESTATES
  • Land Acres: 0000000696
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00061 B:00002 L:0000H
  • Block: 2
  • Lot: H
  • Municipality: ANDOVER
  • Latitude: 42.6298
  • Longitude: -71.1257

    Address

  • Full Address: 5 Orchard St
  • Address - House Number: 5
  • Address - Street Name: Orchard
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C015
  • 4-Digit Zip Code: 5009
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,248,700

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,090,721
  • High Value: 1,276,172
  • Low Value: 905,271

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $914,100
  • Assessed Land Value: $480,500
  • Assessed Improvements Value: $433,600

    Sales

  • Current Sale Contract Date: Aug 05, 2021
  • Current Sale Recording Date: Aug 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 26245
  • Previous Sale Recording Date: Jun 04, 2013
  • 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

2499 ft²

Average Home Age

73.4 years

Currently For Sale

1386 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

Unit for rent at 23 Florence, Andover, 01810

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
23 Florence, Andover, 01810 Listing by Julie Ratte

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 70549572

Frequently Asked Questions

When was property at 5 Orchard Street built and last sold?
The property at 5 Orchard Street was built in 1977 and last sold on Aug 5, 2021 for $1,000,000.
How much is this home worth?
The estimated value of the home located at 5 Orchard Street is $936,968.
What are some comparable homes to 5 Orchard Street?
There are currently no comparable homes to 5 Orchard Street.
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