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Essex 01810
6 Gardner Avenue
$610,000
● House - Off Market

6 Gardner Avenue

Andover, MA 01810
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,810 Ft²
$932,320
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model

About This Property

Wonderful opportunity in a beautiful location. Ranch style home on a picturesque level lot, within walking distance to Phillips Academy and Town Center. Easy access to Rte I 93. This light and bright home offers a wide range of design options, so bring your thoughts and imagination and make it your own, Gardner Ave has Gas on the street.
Unit Size
1,810 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$331
Property Type
House
Property Taxes
$610
HOA Dues
-
Year Built
1950

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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 #72201366)

Price History

Date / Event Date Event Price
Aug 22, 2017 Sold
Premium
Sold
Jul 20, 2017 Listed by William Raveis R.E. & Home Services $599,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,810
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,558
  • Total Building Area: 2,172
  • Gross Building Area: 4,350
  • Building Area: 2,172
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,172
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000495
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254301

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00078 B:00031 L:00000
  • Block: 31
  • Municipality: ANDOVER
  • Latitude: 42.6384
  • Longitude: -71.1315

    Address

  • Full Address: 6 Gardner Ave
  • Address - House Number: 6
  • Address - Street Name: Gardner
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Andover
  • Carrier Code: C001
  • 4-Digit Zip Code: 4904
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $985,000

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 821,150
  • High Value: 960,766
  • Low Value: 681,533

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $721,100
  • Assessed Land Value: $448,700
  • Assessed Improvements Value: $272,400

    Sales

  • Current Sale Recording Date: Aug 22, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21594
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

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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: 4 months ago
Data Source: MLS PIN, MLS# 72201366

Frequently Asked Questions

When was property at 6 Gardner Avenue built and last sold?
The property at 6 Gardner Avenue was built in 1950 and last sold on Jan 1, 1970 for $610,000.
How much is this home worth?
The estimated value of the home located at 6 Gardner Avenue is $613,495.
What are some comparable homes to 6 Gardner Avenue?
There are currently no comparable homes to 6 Gardner Avenue.
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