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Essex 01810
58 Bellevue Rd
$500,000
● House - Off Market

58 Bellevue Rd

Andover, MA 01810
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,440 Ft²
$715,323
RealtyHop Estimate
43.06%
Since Sep 1, 2019
MA-Boston
Primary Model

About This Property

3 Bedroom ranch in a convenient location on a large 1 acre level lot with Huge unfinished basement. Developers, flippers, 1st time home owners, Finish the basement or add a 2nd floor, this location would be great for this. Easy access to Routes 93 and 495. Convenient to shopping and restaurants.  Hardwood throughout...newly updated bath.    1st showing Saturday at Noon.    Offers will be reviewed by Noon on Tuesday.    OPEN HOUSE SATURDAY AND SUNDAY!!!!     Noon to 2PM
Unit Size
1,440 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$347
Property Type
House
Property Taxes
$570
HOA Dues
-
Year Built
1963

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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 #72501146)

Price History

Date / Event Date Event Price
Aug 15, 2019 Sold
Premium
Sold
May 15, 2019 Listed by RE/MAX Renaissance Inc. $500,000
Listed by RE/MAX Renaissance Inc.
Sep 24, 2015 Sold
Premium
Sold
Aug 14, 2015 Listed by RE/MAX Renaissance Inc. $419,900
Listed by RE/MAX Renaissance Inc.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,248
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,440
  • Gross Building Area: 3,294
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANDOVER
  • Land Acres: 0000001000
  • 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:00198 B:00003 L:0000A
  • Block: 3
  • Lot: A
  • Municipality: ANDOVER
  • Latitude: 42.6399
  • Longitude: -71.2002

    Address

  • Full Address: 58 Bellevue Rd
  • Address - House Number: 58
  • Address - Street Name: Bellevue
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: R004
  • 4-Digit Zip Code: 5325
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $833,000

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 784,207
  • High Value: 905,990
  • Low Value: 662,425

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $609,800
  • Assessed Land Value: $400,300
  • Assessed Improvements Value: $209,500

    Sales

  • Current Sale Contract Date: Aug 15, 2019
  • Current Sale Recording Date: Aug 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 120445
  • Previous Sale Recording Date: Sep 24, 2015
  • Previous Sale Amount: $436,000
  • 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72501146

Frequently Asked Questions

When was property at 58 Bellevue Road built and last sold?
The property at 58 Bellevue Road was built in 1963 and last sold on Aug 15, 2019 for $500,000.
How much is this home worth?
The estimated value of the home located at 58 Bellevue Road is $506,778.
What are some comparable homes to 58 Bellevue Road?
There are currently no comparable homes to 58 Bellevue Road.
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