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Essex 01810
525 Lowell St
$470,000
● House - Off Market

525 Lowell St

Andover, MA 01810
bedrooms
4 Beds
bathrooms
1 Bath
square feet
2,000 Ft²
$889,982
RealtyHop Estimate
81.67%
Since Jun 1, 2014
MA-Boston
Primary Model

About This Property

This lovely 48 foot Split Entry home sits on just over an acre of land in Andover.  Gorgeous new kitchen with custom cabinets, granite counters, huge island area, custom backsplash and newer appliances is open to the dining room, and large living room with surround sound, recessed lighting, wood burning fireplace and bay window. Gleaming hardwood floors throughout the main living area and ceramic tile in bath and finished basement.  Comfortable family room and large bedroom in the basement plus bonus mud room at basement entry complete with large closet.  Lot includes storage shed and plenty of yard to play sports, enjoy BBQs and much more!!  Large turnaround driveway with basketball area in front as well.  Conveniently located near local shopping, dining and highways.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$245
Property Type
House
Property Taxes
$445
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 #71655113)

Price History

Date / Event Date Event Price
May 30, 2014 Sold
Premium
Sold
Apr 3, 2014 Listed by Coldwell Banker Residential Brokerage - Tewksbury $489,900
Listed by Coldwell Banker Residential Brokerage - Tewksbury
Jun 29, 2001 Sold
Premium
Sold
Oct 25, 2000 Listed by Coldwell Banker Residential Brokerage - Tewksbury $299,900
Listed by Coldwell Banker Residential Brokerage - Tewksbury

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 19
  • 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: 1,152
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,431
  • Total Building Area: 1,574
  • Gross Building Area: 2,490
  • Building Area: 1,574
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,574
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARKHURST
  • Land Acres: 0000001020
  • 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:00222 B:00004 L:00000
  • Block: 4
  • Municipality: ANDOVER
  • Latitude: 42.6431
  • Longitude: -71.2218

    Address

  • Full Address: 525 Lowell St
  • Address - House Number: 525
  • Address - Street Name: Lowell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: R004
  • 4-Digit Zip Code: 5306
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $829,700

    Appraisal Valuation

  • Standard Deviation: 0.1543
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 819,800
  • High Value: 946,358
  • Low Value: 693,242

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $607,400
  • Assessed Land Value: $394,100
  • Assessed Improvements Value: $213,300

    Sales

  • Current Sale Recording Date: May 30, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11055
  • Previous Sale Recording Date: Jun 29, 2001
  • Previous Sale Amount: $286,000
  • 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

2467 ft²

Average Home Age

72.8 years

Currently For Sale

1401 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: 6 months ago
Data Source: MLS PIN, MLS# 71655113

Frequently Asked Questions

When was property at 525 Lowell Street built and last sold?
The property at 525 Lowell Street was built in 1977 and last sold on Jan 1, 1970 for $470,000.
How much is this home worth?
The estimated value of the home located at 525 Lowell Street is $505,263.
What are some comparable homes to 525 Lowell Street?
There are currently no comparable homes to 525 Lowell Street.
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