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Essex 01810
6 Regency Ridge Road
$2,045,000
● House - Off Market

6 Regency Ridge Road

Andover, MA 01810
bedrooms
5 Beds
bathrooms
6 Baths, 2 Half Baths
square feet
5,900 Ft²
$4,648,238
RealtyHop Estimate
106.59%
Since Aug 1, 2003
MA-Boston
Primary Model

About This Property

A SPECTACULAR WYNWOOD BUILT HOME AT PRESTIGIOUS REGENCY RIDGE. MANY CUSTOM FEATURES INCLUDING A HEATED FRONT WALK & CIRCULAR FRONT ENTRANCE FOYER.  LOWER LEVEL OFFERS AN ADDITIONAL 1600 SF OF LIVING W/STEAM SHOWER.
Unit Size
5,900 Ft²
Days on Market
-
Land Size
0.82 acres
Price per sqft
$381
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2001

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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 years ago (MLSPIN #30724742)

Price History

Date / Event Date Event Price
Aug 24, 2011 Sold
Premium
Sold
Jul 23, 2003 Sold
Premium
Sold
May 21, 2003 Listed by William Raveis R.E. & Home Services $2,250,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 2
  • 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: 2,520
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 35,876
  • Total Building Area: 7,471
  • Gross Building Area: 10,333
  • Building Area: 7,471
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 7,471
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 4162-7
  • Land Acres: 0000000824
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00100 B:00001 L:0000V
  • Block: 1
  • Lot: V
  • Municipality: ANDOVER
  • Latitude: 42.6205
  • Longitude: -71.1344

    Address

  • Full Address: 6 Regency Rdg
  • Address - House Number: 6
  • Address - Street Name: Regency
  • Address - Suffix Type: Rdg
  • State: MA
  • City Name: Andover
  • Carrier Code: C024
  • 4-Digit Zip Code: 4882
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,920,400

    Appraisal Valuation

  • Standard Deviation: 0.1254
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 86
  • Final Value: 2,984,350
  • High Value: 3,358,667
  • Low Value: 2,610,034

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,870,000
  • Assessed Land Value: $1,228,200
  • Assessed Improvements Value: $1,641,800

    Sales

  • Current Sale Recording Date: Aug 24, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 23, 2003
  • Previous Sale Amount: $2,045,000
  • Previous Sale Document Type: 48
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

2532 ft²

Average Home Age

73 years

Currently For Sale

1479 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30724742

Frequently Asked Questions

When was property at 6 Regency Ridge built and last sold?
The property at 6 Regency Ridge was built in 2001 and last sold on Jan 1, 1970 for $2,352,000.
How much is this home worth?
The estimated value of the home located at 6 Regency Ridge is $0.
What are some comparable homes to 6 Regency Ridge?
There are currently no comparable homes to 6 Regency Ridge.
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