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Andover 01810
64 Red Spring Road
Photo of 64 Red Spring Road
Sold on Jun 22, 2007

1

Map

$485,000
● House - Off Market

64 Red Spring Road

Andover, MA 01810
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,000 Ft²
$950,367
RealtyHop Estimate
86.38%
Since Jul 1, 2007
MA-Boston
Primary Model

About This Property

Almost New Construction in Andover for only 509,900!  This house has been completely renovated and updated from the studs out.  New walls, Electrical, Heating system, Plumbing, Bathrooms, Kitchen, Floors, Windows, Gutters, Stainless Steel Appliances, Cabinets, Granite, Deck, New Driveway and all on 1/3 of an acre with large backyard. Steps to Andover High and walking distance to the center of town and the T!
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$255
Property Type
House
Property Taxes
$382
HOA Dues
-
Year Built
1895

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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: 6 months ago (MLSPIN #70474310)

Price History

Date / Event Date Event Price
Jun 22, 2007 Sold
Premium
Sold
Oct 13, 2006 Listed $509,900
Listed
Apr 4, 2006 Sold
Premium
Sold
Nov 11, 2005 Listed $335,000
Listed

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1895
  • Effective Year Built: 1895
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 985
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,050
  • Total Building Area: 1,740
  • Gross Building Area: 3,750
  • Building Area: 1,740
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,740
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000346
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254401

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00072 B:00009 L:00000
  • Block: 9
  • Municipality: ANDOVER
  • Latitude: 42.6546
  • Longitude: -71.1507

    Address

  • Full Address: 64 Red Spring Rd
  • Address - House Number: 64
  • Address - Street Name: Red Spring
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: C003
  • 4-Digit Zip Code: 3437
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $949,100

    Appraisal Valuation

  • Standard Deviation: 0.2067
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 777,665
  • High Value: 938,479
  • Low Value: 616,851

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $694,800
  • Assessed Land Value: $326,600
  • Assessed Improvements Value: $368,200

    Sales

  • Current Sale Recording Date: Jun 22, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 155326
  • Previous Sale Recording Date: Apr 04, 2006
  • Previous Sale Amount: $300,000
  • 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:

$879,000

Sale Price/ft²

$423

Below Asking

0.01%

Average Days on Market

52

Average Home Size

3275 ft²

Average Home Age

81.4 years

Currently For Sale

16 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: 6 months ago
Data Source: MLS PIN, MLS# 70474310

Frequently Asked Questions

When was property at 64 Red Spring Road built and last sold?
The property at 64 Red Spring Road was built in 1895 and last sold on Jan 1, 1970 for $485,000.
How much is this home worth?
The estimated value of the home located at 64 Red Spring Road is $529,447.
What are some comparable homes to 64 Red Spring Road?
There are currently no comparable homes to 64 Red Spring Road.
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