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Andover 01810
6 Cabot Road
$600,000
● House - Off Market

6 Cabot Road

Andover, MA 01810
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,750 Ft²
$1,065,612
RealtyHop Estimate
66.53%
Since Oct 1, 2016
MA-Boston
Primary Model

About This Property

A rare opportunity to own a meticulously maintained expanded cape with an in-law suite in the heart of desirable Johnson Acres.   Enjoy an ideal location on a quiet street with close proximity to town, train, & highways.   Front to back fireplaced living room, family room with wet bar, first floor master, plus four additional bedrooms and three baths.  Flexible floor plan offers great potential for in law, au-pair or visiting guests - the choice is yours.
Unit Size
2,750 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$233
Property Type
House
Property Taxes
$765
HOA Dues
-
Year Built
1953

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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 #72029197)

Price History

Date / Event Date Event Price
Sep 15, 2016 Sold
Premium
Sold
Jun 24, 2016 Listed by Coldwell Banker Residential Brokerage - Andover $639,900
Listed by Coldwell Banker Residential Brokerage - Andover

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 128
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,650
  • Total Building Area: 2,651
  • Gross Building Area: 3,433
  • Building Area: 2,651
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,651
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHEEVER CIRCLE JOHNSON ACRES
  • Land Acres: 0000000244
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00020 B:00178 L:00000
  • Block: 178
  • Municipality: ANDOVER
  • Latitude: 42.6652
  • Longitude: -71.1376

    Address

  • Full Address: 6 Cabot Rd
  • Address - House Number: 6
  • Address - Street Name: Cabot
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: C004
  • 4-Digit Zip Code: 1702
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,182,000

    Appraisal Valuation

  • Standard Deviation: 0.2081
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 944,469
  • High Value: 1,141,034
  • Low Value: 747,904

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $865,300
  • Assessed Land Value: $523,200
  • Assessed Improvements Value: $342,100

    Sales

  • Current Sale Recording Date: Sep 15, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24201
  • Previous Sale Recording Date: Mar 16, 2015
  • 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 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

Unit for rent at 23 Florence, Andover, 01810

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
23 Florence, Andover, 01810 Listing by Julie Ratte

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72029197

Frequently Asked Questions

When was property at 6 Cabot Road built and last sold?
The property at 6 Cabot Road was built in 1953 and last sold on Jan 1, 1970 for $600,000.
How much is this home worth?
The estimated value of the home located at 6 Cabot Road is $643,196.
What are some comparable homes to 6 Cabot Road?
There are currently no comparable homes to 6 Cabot Road.
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