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Andover 01810
56 Morton St
Photo of 56 Morton St
Sold on Jun 10, 2025

20

Map

Photo of 56 Morton St
Photo of 56 Morton St
$635,000
● House - Off Market

56 Morton St

Andover, MA 01810
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,055 Ft²
$3,851
Est. Monthly
3.32%
Cap Rate

About This Property

Located on one of Andover's cherished streets with close proximity to Phillips Academy, downtown Andover shops and dining, Doherty Middle School, and bird sanctuary with walking trails. This charming 2-bedroom, 1.5-bath home is move-in ready with all the big-ticket items done. The flexible floor plan features a sun-filled living room, a dining room with built-ins, a fully applianced kitchen with a separate eat-in area, and a half bath with laundry that finishes off the first floor. Upstairs you'll find 2 bedrooms and a full bath. Heating system and most windows were recently updated, as well as many cosmetic updates throughout. Don't miss this tremendous value in a highly coveted location!
Unit Size
1,055 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$597
Property Type
House
Property Taxes
$758
HOA Dues
-
Year Built
1833

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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 years ago (MLSPIN #73362516)

Price History

Date / Event Date Event Price
Jun 10, 2025 Sold
Premium
Sold
Apr 30, 2025 In contract -
In contract
Apr 22, 2025 Listed $629,900
Listed
Jul 5, 1994 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1833
  • Effective Year Built: 1833
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 660
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,407
  • Total Building Area: 885
  • Gross Building Area: 1,867
  • Building Area: 885
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 885
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000354
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254200

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00040 B:00079 L:00000
  • Block: 79
  • Municipality: ANDOVER
  • Latitude: 42.6537
  • Longitude: -71.1315

    Address

  • Full Address: 56 Morton St
  • Address - House Number: 56
  • Address - Street Name: Morton
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C015
  • 4-Digit Zip Code: 2014
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $868,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1977
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 692,890
  • High Value: 829,881
  • Low Value: 555,899

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $635,600
  • Assessed Land Value: $449,100
  • Assessed Improvements Value: $186,500

    Sales

  • Current Sale Recording Date: Jul 05, 1994
  • Current Sale Price:
    Premium
  • Current 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 Andover

Stats & Trends

Median Asking:

$879,000

Sale Price/ft²

$423

Below Asking

0.01%

Average Days on Market

52

Average Home Size

3275 ft²

Average Home Age

81.4 years

Currently For Sale

16 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 years ago
Data Source: MLS PIN, MLS# 73362516

Frequently Asked Questions

When was property at 56 Morton Street built and last sold?
The property at 56 Morton Street was built in 1833 and last sold on Jan 1, 1970 for $159,000.
How much is this home worth?
The estimated value of the home located at 56 Morton Street is $0.
What are some comparable homes to 56 Morton Street?
There are currently no comparable homes to 56 Morton Street.
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