Essex
607 Alder Way #607
$347,000
●
Condo -
Off Market
607 Alder Way #607
North Andover, MA 01845
3 Beds
3 Baths,
1
Half Bath
1,900 Ft²
$643,418
RealtyHop Estimate
81.30%
Since Aug 1, 2014
MA-Boston
Primary Model
About This Property
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.
Unit Size
1,900 Ft²
Days on Market
-
Land Size
-
Price per sqft
$187
Property Type
Condo
Property Taxes
$371
HOA Dues
$398
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: 4 years ago (MLSPIN #71640048)
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 | |||
| | |||
|
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.
| |||
| Jul 11, 2014 | Sold | ||
| Sold | |||
| Mar 4, 2014 | Listed by Keller Williams Realty | $354,900 | |
| Listed by Keller Williams Realty | |||
| Mar 28, 2008 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Parking Available
Fireplace
Interior Details
Level: First
Width: 10
Length: 13
Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Area: 130
Level: Second
Features: Bathroom - Full
Level: Second
Features: Closet, Flooring - Wall to Wall Carpet
Width: 12
Length: 12
Area: 144
Width: 17
Features: Wood / Coal / Pellet Stove, Flooring - Stone/Ceramic Tile, Flooring - Laminate
Length: 10
Level: First
Area: 170
Features: Closet, Flooring - Wall to Wall Carpet
Width: 12
Length: 19
Area: 228
Level: Third
Features: Bathroom - Half
Level: First
Length: 14
Level: First
Area: 280
Features: Wood / Coal / Pellet Stove, Flooring - Stone/Ceramic Tile, Flooring - Laminate, Deck - Exterior, Open Floorplan, Recessed Lighting, Slider
Width: 20
Features: Bathroom - Full, Closet - Linen, Walk-In Closet(s), Flooring - Wall to Wall Carpet
Level: Second
Length: 19
Width: 12
Area: 228
Features: Bathroom - Full
Level: Second
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Trash Compactor, Microwave, Refrigerator, Washer, Dryer, Electric Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
Laundry Features: In Unit, Washer Hookup
Rooms: 5
Has Fireplace
Fireplace Features: Dining Room, Living Room
Basement: N
Parking Details
Has Garage
Parking Features: Off Street, Deeded
Garage Spaces: 1
Exterior Details
Entry Level: 1
Security Features: Security System
Year Built Source: Owner
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Patio and Porch Features: Deck
Lead Paint: None
Lot Size Units: Acres
Zoning: 99999
Parcel Number: M:00108 B:C0039 L:06070, 4710677
Water Source: Public
Financial Details
Tax Assessed Value: $324,500
Tax Annual Amount: $4,452
Utilities Details
Utilities: for Gas Range, for Gas Oven, 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: $398
Community Features: Shopping, Park, Conservation Area, Other
Complex is Completed
Management: Professional - Off Site, Owner Association
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