$2,700,000
●
House -
Off Market
64 Salem Street
Andover, MA 01810
6 Beds
3 Baths,
3
Half Baths
6,778 Ft²
$17,075
Est. Monthly
About This Property
STATELY COLONIAL REVIVAL JUST STEPS FROM PHILLIPS ACADEMY &
DOWNTOWN ANDOVER! This stunning home, circa 1910, has been
exquisitely maintained & renovated w/outstanding 2-story addition
in 2007. EXCEPTIONAL GOURMET KITCHEN W/EVERY AMENITY, 10' GRANITE
CENTER ISLAND, TRAVERTINE FLOORS W/ RADIANT HEAT, VIKING APPLIANCES
& GENEROUS DINING AREA. ADJOINING FAMILY RM W/ 10' COFFERED
CEILINGS, BRICK FIREPLACE, GLEAMING HARDWOOD FLOORS, CUSTOM
BUILT-INS & WET BAR. Elegant, fireplaced Living Rm & expansive
Dining Rm, 1st floor Home Office & inviting Sunroom w/access to
wraparound stone patio w/firepit & hot tub. SIMPLY SPECTACULAR
PRIMARY SUITE w/tray ceiling, gas fireplace, walk-in closet &
dressing room & luxurious bath w/tile shower & soaking tub. 4
additional BRS incl. guest suite, laundry room & guest bath on 2nd
floor. 3rd floor has spacious bedrm & home office. Incredible yard,
professionally landscaped w/ mature, specimen trees. ONE OF
ANDOVER'S MOST DISTINCTIVE HOMES, IN PRIME LOCATION!
Unit Size
6,778 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$443
Property Type
House
Property Taxes
$2,344
HOA Dues
-
Year Built
1910
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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 #73219193)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 16, 2024 | Sold | ||
| Sold | |||
| Apr 3, 2024 | Listed by William Raveis R.E. & Home Services | $2,999,999 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
|
STATELY COLONIAL REVIVAL JUST STEPS FROM PHILLIPS ACADEMY & DOWNTOWN ANDOVER! This stunning home, circa 1910, has been exquisitely maintained & renovated w/outstanding 2-story addition in 2007. EXCEPTIONAL GOURMET KITCHEN W/EVERY AMENITY, 10' GRANITE CENTER ISLAND, TRAVERTINE FLOORS W/ RADIANT HEAT, VIKING APPLIANCES & GENEROUS DINING AREA. ADJOINING FAMILY RM W/ 10' COFFERED CEILINGS, BRICK FIREPLACE, GLEAMING HARDWOOD FLOORS, CUSTOM BUILT-INS & WET BAR. Elegant, fireplaced Living Rm & expansive Dining Rm, 1st floor Home Office & inviting Sunroom w/access to wraparound stone patio w/firepit & hot tub. SIMPLY SPECTACULAR PRIMARY SUITE w/tray ceiling, gas fireplace, walk-in closet & dressing room & luxurious bath w/tile shower & soaking tub. 4 additional BRS incl. guest suite, laundry room & guest bath on 2nd floor. 3rd floor has spacious bedrm & home office. Incredible yard, professionally landscaped w/ mature, specimen trees. ONE OF ANDOVER'S MOST DISTINCTIVE HOMES, IN PRIME LOCATION!
| |||
| Jun 1, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Mar 3, 2023 | Listed by William Raveis R.E. & Home Services | $3,175,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
|
STATELY COLONIAL REVIVAL JUST STEPS FROM PHILLIPS ACADEMY & DOWNTOWN ANDOVER! This stunning home, circa 1910, has been exquisitely maintained & renovated w/ outstanding 2-story addition in 2007. EXCEPTIONAL GOURMET KITCHEN W/ EVERY AMENITY, 10' GRANITE CENTER ISLAND, TRAVERTINE FLOORS W/ RADIANT HEAT, VIKING APPLIANCES & GENEROUS DINING AREA. ADJOINING FAMILY ROOM W/ 10' COFFERED CEILINGS, BRICK FIREPLACE, GLEAMING HARDWOOD FLOORS, CUSTOM BUILT-INS & WET BAR. Elegant, fireplaced Living Room & expansive Dining Room, 1st floor Home Office & inviting Sunroom w/access to wraparound stone patio. SIMPLY SPECTACULAR PRIMARY SUITE w/tray ceiling, gas fireplace, walk-in closet & dressing room & luxurious bath w/tile shower & soaking tub. 4 additional bedrooms incl. guest suite, laundry room & guest bath on 2nd floor. 3rd floor has spacious bedroom & home office. Incredible yard, professionally landscaped w/ mature, specimen trees. ONE OF ANDOVER'S MOST DISTINCTIVE HOMES, IN PRIME LOCATION!
| |||
| Nov 20, 2022 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
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