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Essex 01810
5 Tessier Dr
Photo of 5 Tessier Dr

1

Map

$467,900
● House - Off Market

5 Tessier Dr

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,300 Ft²
$2,733
Est. Monthly

About This Property

1) Upgraded full bath includes deep tub and separate 4x4 shower, wood cabinets & granite counter tops.  2) Kitchen/Dining room combo-recently upgraded w/hardwood floors and includes wood cabinets, double dishwasher, two ovens inlcuding a convection oven, double door refrigerator/freezer, granite tops and also granite center island.  3) Dining room has french doors leading to 3 season porch. 4) All windows replaced approx 5 yrs ago. 5) Pre approval buyers
Unit Size
2,300 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$203
Property Type
House
Property Taxes
$435
HOA Dues
-
Year Built
1954

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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: 2 months ago (MLSPIN #71227118)

Price History

Date / Event Date Event Price
Jun 29, 2012 Sold
Premium
Sold
Apr 12, 2012 Listed by Sterling Lion, LLC $439,900
Listed by Sterling Lion, LLC
May 4, 2011 Listed by Sterling Lion, LLC $467,900
Listed by Sterling Lion, LLC
Dec 29, 1992 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,584
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,238
  • Total Building Area: 3,089
  • Gross Building Area: 3,800
  • Building Area: 3,089
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,089
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000258
  • 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:00008 L:00000
  • Block: 8
  • Municipality: ANDOVER
  • Latitude: 42.6428
  • Longitude: -71.1947

    Address

  • Full Address: 5 Tessier Dr
  • Address - House Number: 5
  • Address - Street Name: Tessier
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Andover
  • Carrier Code: R004
  • 4-Digit Zip Code: 4408
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $841,300

    Appraisal Valuation

  • Standard Deviation: 0.1522
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 809,846
  • High Value: 933,180
  • Low Value: 686,513

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $615,900
  • Assessed Land Value: $355,900
  • Assessed Improvements Value: $260,000

    Sales

  • Current Sale Recording Date: Jun 29, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000010
  • Previous Sale Recording Date: Dec 29, 1992
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: 43
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

2501 ft²

Average Home Age

73.5 years

Currently For Sale

1398 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: 2 months ago
Data Source: MLS PIN, MLS# 71227118

Frequently Asked Questions

When was property at 5 Tessier Drive built and last sold?
The property at 5 Tessier Drive was built in 1954 and last sold on Jan 1, 1970 for $425,000.
How much is this home worth?
The estimated value of the home located at 5 Tessier Drive is $454,071.
What are some comparable homes to 5 Tessier Drive?
There are currently no comparable homes to 5 Tessier Drive.
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