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Andover 01810
62 Stevens Street
$308,000
● House - Off Market

62 Stevens Street

Andover, MA 01810
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,196 Ft²
$613,642
RealtyHop Estimate
94.87%
Since Apr 1, 2004
MA-Boston
Primary Model

About This Property

CONDO ALTERNATIVE! 3 BEDROOM CAPE IN CENTRAL ANDOVER! HARDWOOD FLOORS, UPDATED BATH, PARTIALLY FINISHED BASEMENT WITH WALKOUT TO BRICK PATIO AND GREAT BACKYARD ONE CAR GARAGE,
Unit Size
1,196 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$263
Property Type
House
Property Taxes
$259
HOA Dues
-
Year Built
1943

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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: 5 months ago (MLSPIN #30810454)

Price History

Date / Event Date Event Price
Mar 16, 2018 Sold
Premium
Sold
Mar 24, 2004 Sold
Premium
Sold
Feb 4, 2004 Listed by RE/MAX Destiny $314,900
Listed by RE/MAX Destiny

Property Highlights

Air Conditioning
Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 740
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,187
  • Total Building Area: 1,432
  • Gross Building Area: 2,424
  • Building Area: 1,432
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,432
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000326
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254200

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00054 B:00019 L:00000
  • Block: 19
  • Municipality: ANDOVER
  • Latitude: 42.6608
  • Longitude: -71.1484

    Address

  • Full Address: 62 Stevens St
  • Address - House Number: 62
  • Address - Street Name: Stevens
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C009
  • 4-Digit Zip Code: 3521
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $648,900

    Appraisal Valuation

  • Standard Deviation: 0.1891
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 580,944
  • High Value: 690,805
  • Low Value: 471,082

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $475,000
  • Assessed Land Value: $274,900
  • Assessed Improvements Value: $200,100

    Sales

  • Current Sale Recording Date: Mar 16, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6037
  • Previous Sale Recording Date: Mar 24, 2004
  • Previous Sale Amount: $308,000
  • Previous 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 Andover

Stats & Trends

Median Asking:

$899,900

Sale Price/ft²

$416

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2602 ft²

Average Home Age

86.7 years

Currently For Sale

20 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: 5 months ago
Data Source: MLS PIN, MLS# 30810454

Frequently Asked Questions

When was property at 62 Stevens Street built and last sold?
The property at 62 Stevens Street was built in 1943 and last sold on Jan 1, 1970 for $393,000.
How much is this home worth?
The estimated value of the home located at 62 Stevens Street is $330,805.
What are some comparable homes to 62 Stevens Street?
There are currently no comparable homes to 62 Stevens Street.
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