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Essex 01810
6 Prospect
$799,900
● House - Off Market

6 Prospect

Andover, MA 01810
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,970 Ft²
$1,533,645
RealtyHop Estimate
91.73%
Since Feb 1, 2014
MA-Boston
Primary Model

About This Property

Location, Location and Location this newly constructed 5 Star rated home is just started to be built this week. It will be a large 4 bedroom and 3.5 bath located off Salem Street . Prospect is a quite side street with great access to 125 and in town behind Phillips Academy.      Reserve it today and pick out your finished !!!!!!!
Unit Size
2,970 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$269
Property Type
House
Property Taxes
$8,333,333
HOA Dues
-
Year Built
2013

Payment Calculator

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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 #71582895)

Price History

Date / Event Date Event Price
Aug 31, 2020 Sold
Premium
Sold
Jan 24, 2014 Sold
Premium
Sold
Sep 13, 2013 Listed by A B & H Realty $799,900
Listed by A B & H Realty
Sep 11, 2013 Sold
Premium
Sold
Feb 1, 2013 Listed by A B & H Realty $249,900
Listed by A B & H Realty

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,120
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,758
  • Total Building Area: 3,656
  • Gross Building Area: 5,910
  • Building Area: 3,656
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,656
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000545
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00025 B:00040 L:00000
  • Block: 40
  • Municipality: ANDOVER
  • Latitude: 42.6428
  • Longitude: -71.1206

    Address

  • Full Address: 6 Prospect Rd
  • Address - House Number: 6
  • Address - Street Name: Prospect
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: C001
  • 4-Digit Zip Code: 2209
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,439,400

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,242,968
  • High Value: 1,439,300
  • Low Value: 1,046,636

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,053,700
  • Assessed Land Value: $351,000
  • Assessed Improvements Value: $702,700

    Sales

  • Current Sale Contract Date: Aug 21, 2020
  • Current Sale Recording Date: Aug 31, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22767
  • Previous Sale Recording Date: Jan 24, 2014
  • Previous Sale Amount: $812,270
  • Previous Sale Document Type: O
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

2546 ft²

Average Home Age

73.2 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71582895

Frequently Asked Questions

When was property at 6 Prospect Road built and last sold?
The property at 6 Prospect Road was built in 2013 and last sold on Aug 21, 2020 for $65,000.
How much is this home worth?
The estimated value of the home located at 6 Prospect Road is $826,016.
What are some comparable homes to 6 Prospect Road?
There are currently no comparable homes to 6 Prospect Road.
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