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Essex 01810
61 Brown Street
$560,000
● House - Off Market

61 Brown Street

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,707 Ft²
$988,540
RealtyHop Estimate
76.56%
Since Jun 1, 2005
MA-Boston
Primary Model

About This Property

Spacious Deck House with open floor plan, vaulted ceilings, fireplace opening on to both breakfast nook and living room.  Den with walls of glass, large living room with sliders to deck, elegant dining room, fireplaced family room.  One acre wooded lot set off by exquisite stone wall.  Updated heating system, central air, lots of built-ins & electronic pet fence.  Modern-era gem!
Unit Size
2,707 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$207
Property Type
House
Property Taxes
$425
HOA Dues
-
Year Built
1972

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70175800)

Price History

Date / Event Date Event Price
May 27, 2005 Sold
Premium
Sold
Apr 19, 2005 Listed by Prudential Howe & Doherty $559,900
Listed by Prudential Howe & Doherty
Jul 9, 1999 Sold
Premium
Sold
Mar 16, 1999 Listed by Re/max Preferred, Inc. $409,000
Listed by Re/max Preferred, Inc.
ELEGANT DECK HOUSE CONTEMPORARY IN A PRIV. WOODSY SETTING & SURROUNDED BY BEAUTIFUL STONE WALLS, COMPLETE WITH ARBOR AND GATES.CEN AIR, CORIAN COUNTERS, NEW SEPTIC SYSTEM & MORE! CHILDREN MUST BE KEPT UNDER CONTROL!!
Nov 30, 1989 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,586
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,916
  • Total Building Area: 2,727
  • Gross Building Area: 3,645
  • Building Area: 2,727
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,727
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANDOVER
  • Land Acres: 0000001100
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254402

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00213 B:00007 L:0000A
  • Block: 7
  • Lot: A
  • Municipality: ANDOVER
  • Latitude: 42.6364
  • Longitude: -71.2109

    Address

  • Full Address: 61 Brown St
  • Address - House Number: 61
  • Address - Street Name: Brown
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: R004
  • 4-Digit Zip Code: 5333
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $930,000

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 963,062
  • High Value: 1,110,656
  • Low Value: 815,468

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $680,800
  • Assessed Land Value: $401,800
  • Assessed Improvements Value: $279,000

    Sales

  • Current Sale Recording Date: Nov 30, 1989
  • Current Sale Price:
    Premium
  • Current 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2533 ft²

Average Home Age

72.6 years

Currently For Sale

1471 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: 5 months ago
Data Source: MLS PIN, MLS# 70175800

Frequently Asked Questions

When was property at 61 Brown Street built and last sold?
The property at 61 Brown Street was built in 1972 and last sold on Jan 1, 1970 for $256,000.
How much is this home worth?
The estimated value of the home located at 61 Brown Street is $588,424.
What are some comparable homes to 61 Brown Street?
There are currently no comparable homes to 61 Brown Street.
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