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Essex 01810
6 Newman Hill Drive
$915,000
● House - Off Market

6 Newman Hill Drive

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,748 Ft²
$1,613,328
RealtyHop Estimate
73.49%
Since Aug 1, 2015
MA-Boston
Primary Model

About This Property

LOVE NATURE? This spacious mint condition colonial is beautifully sited on a cul de sac lot overlooking vistas of Baker's Meadow.  Step inside and note the gleaming hardwood floors throughout the first and second floor, custom plantation shutters, master bedroom with customized WIC and a luxurious master bath with new tiled shower, well proportioned bedrooms, private home office, and more.  Entertaining will be easy in this gourmet kitchen with newly refinished cabinetry that opens to a family room with a brick wood burning fireplace and built in wet bar.  Step up to the great room with its custom built-ins.  This home offers a walk out basement to a screened porch with a hot tub.  Perfect location close to Andover Center, schools, train stop, commuter routes & AVIS trails for hiking.
Unit Size
3,748 Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$248
Property Type
House
Property Taxes
$1,137
HOA Dues
-
Year Built
1991

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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: 5 months ago (MLSPIN #71818567)

Price History

Date / Event Date Event Price
Jul 2, 2015 Sold
Premium
Sold
Apr 16, 2015 Listed by William Raveis R.E. & Home Services $929,900
Listed by William Raveis R.E. & Home Services
Jul 31, 2009 Sold
Premium
Sold
Apr 30, 2009 Listed by William Raveis R.E. & Home Services $829,900
Listed by William Raveis R.E. & Home Services
Jan 9, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,696
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,017
  • Total Building Area: 3,748
  • Gross Building Area: 7,214
  • Building Area: 3,748
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,748
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000689
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254401

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00092 B:00037 L:0000A
  • Block: 37
  • Lot: A
  • Municipality: ANDOVER
  • Latitude: 42.6464
  • Longitude: -71.1601

    Address

  • Full Address: 6 Newman Hill Dr
  • Address - House Number: 6
  • Address - Street Name: Newman Hill
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Andover
  • Carrier Code: C003
  • 4-Digit Zip Code: 4751
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,743,000

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,424,453
  • High Value: 1,667,499
  • Low Value: 1,181,407

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,276,000
  • Assessed Land Value: $545,800
  • Assessed Improvements Value: $730,200

    Sales

  • Current Sale Recording Date: Jul 02, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16239
  • Previous Sale Recording Date: Jul 31, 2009
  • Previous Sale Amount: $830,000
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2532 ft²

Average Home Age

72 years

Currently For Sale

1468 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: 5 months ago
Data Source: MLS PIN, MLS# 71818567

Frequently Asked Questions

When was property at 6 Newman Hill Drive built and last sold?
The property at 6 Newman Hill Drive was built in 1991 and last sold on Jan 1, 1970 for $915,000.
How much is this home worth?
The estimated value of the home located at 6 Newman Hill Drive is $959,731.
What are some comparable homes to 6 Newman Hill Drive?
There are currently no comparable homes to 6 Newman Hill Drive.
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