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Essex 01810
56 Poor Street
$327,000
● House - Off Market

56 Poor Street

Andover, MA 01810
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,618 Ft²
$645,934
RealtyHop Estimate
101.92%
Since May 1, 2013
National-US
Primary Model

About This Property

Welcome to this 3 bedroom home, with an amazing lot located in the heart of Shawsheen. This cute Bungalow style home is nestled on the banks of Hussey's Pond, the home of Andover's Fishing Derby. This home offers a great location, a 15,000 square feet lot and amazing views of the pond. This house has a flexible floor plan with a handicap bedroom suite on the first floor with a full bath an oversized bedroom and living area. A little TLC will go a long way here but the sky's the limit!
Unit Size
1,618 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$198
Property Type
House
Property Taxes
$370
HOA Dues
-
Year Built
1913

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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: 4 months ago (MLSPIN #71497006)

Price History

Date / Event Date Event Price
Apr 29, 2013 Sold
Premium
Sold
Mar 21, 2013 Listed by Prudential Howe & Doherty $319,900
Listed by Prudential Howe & Doherty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1913
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 812
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,172
  • Total Building Area: 1,618
  • Gross Building Area: 3,456
  • Building Area: 1,618
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,618
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000348
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254100

Zoning

  • Zoning: APT

Geography

  • Parcel: ANDO M:00052 B:00092 L:00000
  • Block: 92
  • Municipality: ANDOVER
  • Latitude: 42.6734
  • Longitude: -71.1523

    Address

  • Full Address: 56 Poor St
  • Address - House Number: 56
  • Address - Street Name: Poor
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C005
  • 4-Digit Zip Code: 2502
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $739,300

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 625,395
  • High Value: 732,191
  • Low Value: 518,599

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $541,200
  • Assessed Land Value: $327,000
  • Assessed Improvements Value: $214,200

    Sales

  • Current Sale Recording Date: Jan 17, 2017
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1329
  • Previous Sale Recording Date: Apr 29, 2013
  • Previous Sale Amount: $327,000
  • Previous Sale Document Type: O
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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71497006

Frequently Asked Questions

When was property at 56 Poor Street built and last sold?
The property at 56 Poor Street was built in 1913 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 56 Poor Street is $341,068.
What are some comparable homes to 56 Poor Street?
There are currently no comparable homes to 56 Poor Street.
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