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Essex 01810
5 Patricia Circle
$577,500
● House - Off Market

5 Patricia Circle

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,767 Ft²
$1,211,023
RealtyHop Estimate
105.61%
Since Mar 1, 2013
MA-Boston
Primary Model

About This Property

Expansive Cape On A Beautifully Maintained Acre Plus Lot! Gorgeous Designer Kitchen w/Sky Lit Cathedral Ceiling, White on White Appliances, White Cabinets & Granite Counter Tops Opens To a Spectacular 3 Season Porch Overlooking The Property! Formal Living & Dining Rooms w/Gleaming Hardwood Floors! Large Master Bedroom & 3 More Good Sized Bedrooms! Finished Basement, 2 Fireplaces, Wrap Around Deck All On A Private Cul-de-Sac! 30 Seconds to Rt. 93 & 25 Min To Boston!
Unit Size
2,767 Ft²
Days on Market
-
Land Size
1.08 acres
Price per sqft
$213
Property Type
House
Property Taxes
$598
HOA Dues
-
Year Built
1963

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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: 5 months ago (MLSPIN #71428759)

Price History

Date / Event Date Event Price
Feb 11, 2013 Sold
Premium
Sold
Aug 31, 2012 Listed by Sold On Sunday, Inc. $589,000
Listed by Sold On Sunday, Inc.
Nov 16, 1992 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • 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: 4
  • 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: 1,216
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,001
  • Total Building Area: 2,467
  • Gross Building Area: 4,529
  • Building Area: 2,467
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,467
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PATRICIA ACRES
  • Land Acres: 0000001079
  • 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:00198 B:00001 L:0000G
  • Block: 1
  • Lot: G
  • Municipality: ANDOVER
  • Latitude: 42.6411
  • Longitude: -71.1951

    Address

  • Full Address: 5 Patricia Cir
  • Address - House Number: 5
  • Address - Street Name: Patricia
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Andover
  • Carrier Code: R004
  • 4-Digit Zip Code: 4406
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,030,600

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,026,450
  • High Value: 1,201,586
  • Low Value: 851,313

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $754,500
  • Assessed Land Value: $459,000
  • Assessed Improvements Value: $295,500

    Sales

  • Current Sale Recording Date: Feb 11, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Nov 16, 1992
  • Previous Sale Amount: $227,000
  • 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

2549 ft²

Average Home Age

72.6 years

Currently For Sale

1470 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: 5 months ago
Data Source: MLS PIN, MLS# 71428759

Frequently Asked Questions

When was property at 5 Patricia Circle built and last sold?
The property at 5 Patricia Circle was built in 1963 and last sold on Jan 1, 1970 for $577,500.
How much is this home worth?
The estimated value of the home located at 5 Patricia Circle is $617,470.
What are some comparable homes to 5 Patricia Circle?
There are currently no comparable homes to 5 Patricia Circle.
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