Essex
607 Alder Way #607
$399,000
●
Condo -
Off Market
607 Alder Way #607
North Andover, MA 01845
3 Beds
3 Baths,
1
Half Bath
1,909 Ft²
$620,096
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model
About This Property
Beautiful and spacious, this 3 level townhouse offers open concept
living and the convenience of living at desired Maplewood Reserve.
The kitchen with dual height breakfast bar, granite counter
tops, stainless steel Kitchenaid appliances, and cherry cabinets
overlooks the combined living and dining room with sliders to the
newly paved back patio. First floor laundry, powder room and
pantry/closet, 9 foot ceilings, crown molding and hardwood floor.
Recently painted top to bottom! Second floor
with library nook, master suite with walk-in closet, linen closet
and master bath with granite counter, jetted tub, second bedroom
and hall bath. The bedroom on the third floor could be used as an
office or bonus room. Oversized 1 car garage with
extra storage and parking spot. Maplewood Reserve offers a
grand community room with fireplace and TV, Fitness Center and
heated indoor pool.
Unit Size
1,909 Ft²
Days on Market
-
Land Size
-
Price per sqft
$209
Property Type
Condo
Property Taxes
$414
HOA Dues
$495
Year Built
2006
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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 years ago (MLSPIN #72159733)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 18, 2017 | Sold | ||
| Sold | |||
| May 5, 2017 | Listed by Century 21 North East | $399,000 | |
| Listed by Century 21 North East | |||
| Jul 11, 2014 | Sold | ||
| Sold | |||
| Mar 4, 2014 | Listed by Keller Williams Realty | $354,900 | |
| Listed by Keller Williams Realty | |||
| | |||
|
This roomy 1900 sq. ft., 3-level townhome was the model home in this quiet community that backs up to Harold Parker State Forest. Upgraded paint throughout, crown moulding, 9 foot ceilings, model home window treatments, and beautiful granite counter tops (kitchen and bathrooms) set this unit apart from the rest. Stainless steel appliances (Kitchen Aid) , warm luxurious cherry cabinets, and an Italian tile floor complement the spacious kitchen. The first floor is an open floor plan with combined living/dining area and sliders that open to a southeast-facing wood deck ideal for barbequing and relaxing. The master bedroom is 19 x 12' with walk-in closet, linen closet, and master bath equipped with jacuzzi jet bathtub. The second bedroom is a generous 12 x 12' and the third floor bedroom is a whopping 19 x 12' space ideally laid out to include a bonus office desk space.
| |||
| Mar 28, 2008 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Garage
Parking Available
Interior Details
Level: First
Width: 10
Length: 13
Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Area: 130
Level: Second
Level: Second
Features: Closet, Flooring - Wall to Wall Carpet
Width: 12
Length: 12
Area: 144
Features: Closet, Flooring - Wall to Wall Carpet
Width: 12
Length: 19
Area: 228
Level: Third
Features: Bathroom - Half
Level: First
Length: 24
Level: First
Area: 456
Width: 19
Features: Bathroom - Full, Closet - Linen, Walk-In Closet(s), Flooring - Wall to Wall Carpet
Level: Second
Length: 19
Width: 12
Area: 228
Level: Second
Level: First
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Dishwasher, Disposal, Trash Compactor, Microwave, Refrigerator, Washer, Dryer, Electric Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Laundry Features: First Floor, Washer Hookup
Rooms: 6
Basement: N
Parking Details
Has Garage
Parking Features: Detached, Garage Door Opener, Off Street, Deeded
Garage Spaces: 1
Exterior Details
Entry Level: 1
Security Features: Security System
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Maplewood Reserve
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Patio and Porch Features: Patio
Lead Paint: None
Lot Size Units: Acres
Zoning: res
Parcel Number: M:00108 B:C0039 L:06070, 4710677
Water Source: Public
Financial Details
Tax Assessed Value: $347,600
Tax Annual Amount: $4,964
Utilities Details
Utilities: for Gas Range, for Electric Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Pool, Fitness Center, Clubroom
Association Fee Frequency: Monthly
HOA Fee: $495
Community Features: Shopping, Park, Conservation Area
Complex is Completed
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/05/2017
|
3 Bed
|
3 Bath
|
1909 ft²
|
$399,000
3 Bed
3 Bath
1909 ft²
|
$399,000
08/18/2017
|
Pedro Cordano
Century 21 North East
| |
|
03/04/2014
|
3 Bed
|
3 Bath
|
1900 ft²
|
$354,900
3 Bed
3 Bath
1900 ft²
|
$347,000
-2.23%
07/11/2014
|
Edmund Wong
New Year Realty
| |
|
11/22/2005
|
3 Bed
|
3 Bath
|
1885 ft²
|
$429,900
3 Bed
3 Bath
1885 ft²
|
$353,000
-17.89%
03/28/2008
|
Tom McCarron
William Raveis R.E. & Home Services
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017