$245,000
●
Condo -
Off Market
500 Brookside Drive #E
Andover, MA 01810
3 Beds
2 Baths
1,163 Ft²
$467,098
RealtyHop Estimate
86.91%
Since Jun 1, 2014
National-US
Primary Model
About This Property
Brookside at Andover is a 168 unit condominium complex moments from
Rtes 93 and 495. This very well maintained garden style unit is a 3
bedroom 2 bath residence and is located on the top floor of a mid
rise building. Features include a living room with soaring
cathedral ceiling, fireplace, private balcony, fully appliances
kitchen with custom cabinetry, granite counters, formal dining
room. A spacious master bedroom with en suite bath and walk in
closet, washer/dryer in unit, central air and much more.
Pool, movie theater and exercise room. Parking spaces 197 and
227.
Unit Size
1,163 Ft²
Days on Market
-
Land Size
-
Price per sqft
$215
Property Type
Condo
Property Taxes
$233
HOA Dues
$386
Year Built
-
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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: 4 months ago (MLSPIN #71649980)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 19, 2016 | Sold | ||
| Sold | |||
| Jun 3, 2016 | Listed by CRG | $269,000 | |
| Listed by CRG | |||
| | |||
|
Brookside at Andover is a sought after 168 unit condominium complex moments from major highways! A very well maintained 3 bedroom, 2 bath residence located on the top floor of a mid rise building. Features include a living room with a soaring cathedral ceiling and fireplace, a private balcony, fully applianced kitchen with custom cabinetry, granite counters, a formal dining room, a generous sized master bedroom with en suite bath and walk in closet, washer/dryer in unit, central air and much more!! A pool, movie theater, and exercise room are a few of the many condo amenities.
| |||
| May 27, 2014 | Sold | ||
| Sold | |||
| Mar 26, 2014 | Listed by William Raveis R.E. & Home Services | $249,900 | |
| Listed by William Raveis R.E. & Home Services | |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Parking Features: Off Street, Deeded
Interior Details
Full Bathrooms: 2
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Tile, Carpet
Laundry Features: In Unit, Electric Dryer Hookup, Second Floor
Rooms: 6
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Exterior Details
Has Property Attached
Square Footage: 1163
Security Features: Security Gate
Year Built Source: Public Records
Year Built: 1989
Building Name: Brookside
Building Area Total: 1163
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Pool Features: Association, In Ground
Pool is Private
Lot Size Units: Acres
Tax Lot: 500E
Water Source: Public
Financial Details
Tax Map Number: 127
Tax Assessed Value: $184,000
Tax Annual Amount: $2,793
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Road Maintenance
HOA/Condo/Coop Amenities: Hot Water, Pool, Tennis Court(s), Recreation Facilities, Fitness Center, Clubroom
HOA Fee: $386
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/07/2025
|
3 Bed
|
2 Bath
|
1163 ft²
|
$499,900
3 Bed
2 Bath
1163 ft²
|
$498,300
-0.32%
06/13/2025
|
Jackie Pitts
Coldwell Banker Realty - Andover
| |
|
11/15/2018
|
3 Bed
|
2 Bath
|
1163 ft²
|
$319,900
3 Bed
2 Bath
1163 ft²
|
$310,000
-3.09%
02/11/2019
|
Bradford McCue
Berkshire Hathaway HomeServices Verani Realty
| |
|
02/15/2018
|
3 Bed
|
2 Bath
|
1163 ft²
|
$330,000
3 Bed
2 Bath
1163 ft²
|
$330,000
04/06/2018
|
Elaine Hoff
RE/MAX Encore
| |
|
06/03/2016
|
3 Bed
|
2 Bath
|
1163 ft²
|
$269,000
3 Bed
2 Bath
1163 ft²
|
$265,000
-1.49%
07/19/2016
|
Paul Dunton
ERA Key Realty Services
| |
|
03/26/2014
|
3 Bed
|
2 Bath
|
1163 ft²
|
$249,900
3 Bed
2 Bath
1163 ft²
|
$245,000
-1.96%
05/27/2014
|
Deborah Lucci
William Raveis R.E. & Home Services
| |
|
02/01/2010
|
3 Bed
|
2 Bath
|
1163 ft²
|
$244,900
3 Bed
2 Bath
1163 ft²
|
$235,000
-4.04%
05/20/2010
|
Joe Freitas
Coldwell Banker Realty Andover MA
|
Building Info
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