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Essex 01810
5 Wagon Wheel Rd.
Photo of 5 Wagon Wheel Rd.
Sold on Oct 20, 2011

1

Map

$462,000
● House - Off Market

5 Wagon Wheel Rd.

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,902 Ft²
$1,000,722
RealtyHop Estimate
112.96%
Since Nov 1, 2011
MA-Boston
Primary Model

About This Property

IF YOU LOVE PRIVACY AND A GORGEOUS BACKYARD, THIS IS THE HOME FOR YOU. Ranch w/ in ground pool and almost a two acre lot backing up to Avis land is the perfect setting for this updated home. Brand new kitchen w/granite counter tops and HW floors. Updated full baths. Large suite with BR, bath and office. LR with FP off of the DR. Hardwood floors thruout. Screened in porch and deck to enjoy your new stunning backyard. Dry finished LL includes office, playroom, workshop and storage.  Newer driveway
Unit Size
1,902 Ft²
Days on Market
-
Land Size
1.94 acres
Price per sqft
$247
Property Type
House
Property Taxes
$549
HOA Dues
-
Year Built
1965

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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 #71279130)

Price History

Date / Event Date Event Price
Oct 2, 2023 Sold
Premium
Sold
Sep 2, 2023 In contract -
In contract
Aug 16, 2023 Listed by Prudential Howe & Doherty $899,000
Listed by Prudential Howe & Doherty
Oct 20, 2011 Sold
Premium
Sold
Aug 24, 2011 Listed by Prudential Howe & Doherty $469,900
Listed by Prudential Howe & Doherty
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 23
  • 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: 1,902
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 84,506
  • Total Building Area: 2,853
  • Gross Building Area: 4,142
  • Building Area: 2,853
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,853
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARTHUR A COLLINS
  • Land Acres: 0000001940
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00030 B:00006 L:0000J
  • Block: 6
  • Lot: J
  • Municipality: ANDOVER
  • Latitude: 42.623
  • Longitude: -71.0992

    Address

  • Full Address: 5 Wagon Wheel Rd
  • Address - House Number: 5
  • Address - Street Name: Wagon Wheel
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: C016
  • 4-Digit Zip Code: 2308
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,004,300
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 896,539
  • High Value: 1,048,973
  • Low Value: 744,104

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $735,200
  • Assessed Land Value: $464,700
  • Assessed Improvements Value: $270,500

    Sales

  • Current Sale Contract Date: Sep 25, 2023
  • Current Sale Recording Date: Oct 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16275
  • Previous Sale Recording Date: Oct 20, 2011
  • Previous Sale Amount: $462,000
  • 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

2466 ft²

Average Home Age

72.4 years

Currently For Sale

1380 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: 2 months ago
Data Source: MLS PIN, MLS# 71279130

Frequently Asked Questions

When was property at 5 Wagon Wheel Road built and last sold?
The property at 5 Wagon Wheel Road was built in 1965 and last sold on Sep 25, 2023 for $870,000.
How much is this home worth?
The estimated value of the home located at 5 Wagon Wheel Road is $907,370.
What are some comparable homes to 5 Wagon Wheel Road?
There are currently no comparable homes to 5 Wagon Wheel Road.
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