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Essex 01810
6 Meadowbrook Drive
$565,000
● House - Off Market

6 Meadowbrook Drive

Andover, MA 01810
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,018 Ft²
$999,924
RealtyHop Estimate
73.90%
Since Oct 1, 2015
MA-Boston
Primary Model

About This Property

So Much POTENTIAL!  Prime LOCATION in the Bancroft/Doherty School District.  Home Sits in the Back of a Quiet Cul de Sac with a Spectacular Private Yard Abutting Conservation Land.  This Home has it all:  5 Bedrooms . . .don't need 5?? Use the Space for a Master Suite!  So Much Room to Spread Out w/Large Office, Entry to Mudroom/Laundry, Lower Level Family Room w/Fireplace & Picture Windows for an Abundance of Natural Light.  Glorious Sunroom w/Sliders Opening to a Large Deck. Upper Level BONUS Room w/Vaulted Ceilings.  Fireplaced Living Room Open to Dining Room, Adjacent to Kitchen.   In Need of some Updates and Well Worth it!!  Come Make it Yours!
Unit Size
3,018 Ft²
Days on Market
-
Land Size
0.72 acres
Price per sqft
$191
Property Type
House
Property Taxes
$560
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 #71881950)

Price History

Date / Event Date Event Price
Sep 23, 2015 Sold
Premium
Sold
Jul 30, 2015 Listed by Northrup Associates $574,999
Listed by Northrup Associates
Aug 1, 2002 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 1,100
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,511
  • Total Building Area: 2,963
  • Gross Building Area: 5,152
  • Building Area: 2,963
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,963
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000723
  • 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:00061 B:00046 L:00000
  • Block: 46
  • Municipality: ANDOVER
  • Latitude: 42.6245
  • Longitude: -71.1217

    Address

  • Full Address: 6 Meadowbrook Dr
  • Address - House Number: 6
  • Address - Street Name: Meadowbrook
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Andover
  • Carrier Code: C024
  • 4-Digit Zip Code: 5739
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $954,600

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 936,780
  • High Value: 1,096,617
  • Low Value: 776,943

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $698,800
  • Assessed Land Value: $419,800
  • Assessed Improvements Value: $279,000

    Sales

  • Current Sale Recording Date: Sep 23, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24722
  • Previous Sale Recording Date: Aug 01, 2002
  • Previous Sale Amount: $512,000
  • 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

2595 ft²

Average Home Age

73.7 years

Currently For Sale

1390 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# 71881950

Frequently Asked Questions

When was property at 6 Meadowbrook Drive built and last sold?
The property at 6 Meadowbrook Drive was built in 1963 and last sold on Jan 1, 1970 for $565,000.
How much is this home worth?
The estimated value of the home located at 6 Meadowbrook Drive is $579,941.
What are some comparable homes to 6 Meadowbrook Drive?
There are currently no comparable homes to 6 Meadowbrook Drive.
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