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Essex 01810
6 Buchan Rd
$485,000
● House - Off Market

6 Buchan Rd

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,262 Ft²
$927,946
RealtyHop Estimate
89.42%
Since Sep 1, 2013
MA-Boston
Primary Model

About This Property

SOUTH ANDOVER!  SPACIOUS MULTI LEVEL ON ACRE LOT AT END OF CUL DE SAC!  NEW BANCROFT SCHOOL!  Dramatic vaulted ceil livrm w/fpl!  Sunny formal dinrm w/sliders to deck.  MBR w new granite bth!  HDWD in liv/dinrm & MBR!  Bright LL famrm w/fpl.  New roof, windows, siding, paint, heat & h/w! Walk to 700Acre Ward Reserv & Holt Hill w/Boston views!  Above ground pool for summer fun!  New shed for your tools & great storage! Super convenient to commuter rts, Andover Center, Philips Academy & amenities!
Unit Size
2,262 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$217
Property Type
House
Property Taxes
$546
HOA Dues
-
Year Built
1975

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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 #71540841)

Price History

Date / Event Date Event Price
Aug 8, 2013 Sold
Premium
Sold
Jun 12, 2013 Listed by RE/MAX Partners $489,900
Listed by RE/MAX Partners
Jul 26, 2002 Sold
Premium
Sold
May 21, 2002 Listed by RE/MAX Partners $429,900
Listed by RE/MAX Partners

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 1,372
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,996
  • Total Building Area: 2,262
  • Gross Building Area: 3,276
  • Building Area: 2,262
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,262
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001010
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254302

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00007 B:00004 L:0000C
  • Block: 4
  • Lot: C
  • Municipality: ANDOVER
  • Latitude: 42.6445
  • Longitude: -71.1169

    Address

  • Full Address: 6 Buchan Rd
  • Address - House Number: 6
  • Address - Street Name: Buchan
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: C001
  • 4-Digit Zip Code: 1906
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $945,400

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 850,654
  • High Value: 995,287
  • Low Value: 706,021

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $692,100
  • Assessed Land Value: $457,900
  • Assessed Improvements Value: $234,200

    Sales

  • Current Sale Recording Date: Aug 08, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 23395
  • Previous Sale Recording Date: Jul 26, 2002
  • Previous Sale Amount: $430,000
  • 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2534 ft²

Average Home Age

73 years

Currently For Sale

1483 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# 71540841

Frequently Asked Questions

When was property at 6 Buchan Road built and last sold?
The property at 6 Buchan Road was built in 1975 and last sold on Jan 1, 1970 for $485,000.
How much is this home worth?
The estimated value of the home located at 6 Buchan Road is $511,641.
What are some comparable homes to 6 Buchan Road?
There are currently no comparable homes to 6 Buchan Road.
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