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Essex 01810
65 Brown St
$499,900
● House - Off Market

65 Brown St

Andover, MA 01810
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,628 Ft²
$743,521
RealtyHop Estimate
48.73%
Since Dec 1, 2018
MA-Boston
Primary Model

About This Property

Well maintained Ranch style home in Sanborn/Wood Hill School district! This home features central A/C, hardwood floors, and a sun-filled living room with fireplace and picture window. Additional features include spacious dining room, eat in kitchen and 3 nicely sized bedrooms, all with hardwood floors and ample closet space plus 2 full baths. The lower level is partially finished and includes a playroom area, newer gas FHA system, and washer/dryer hook-ups. Outside you'll find a gorgeous acre let with storage shed, newer roof and septic system plus numerous specimen plantings. Excellent opportunity to own a well maintained home in a convenient location!
Unit Size
1,628 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$307
Property Type
House
Property Taxes
$587
HOA Dues
-
Year Built
1959

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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: 4 months ago (MLSPIN #72402384)

Price History

Date / Event Date Event Price
Nov 30, 2018 Sold
Premium
Sold
Sep 27, 2018 Listed by RE/MAX Partners $499,900
Listed by RE/MAX Partners
Aug 19, 2005 Sold
Premium
Sold
May 18, 2005 Listed by RE/MAX Partners $434,900
Listed by RE/MAX Partners

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,628
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,916
  • Total Building Area: 1,954
  • Gross Building Area: 3,512
  • Building Area: 1,954
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,954
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • 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:0000B
  • Block: 7
  • Lot: B
  • Municipality: ANDOVER
  • Latitude: 42.636
  • Longitude: -71.2106

    Address

  • Full Address: 65 Brown St
  • Address - House Number: 65
  • 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: $868,100

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 815,068
  • High Value: 941,643
  • Low Value: 688,494

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $635,500
  • Assessed Land Value: $401,800
  • Assessed Improvements Value: $233,700

    Sales

  • Current Sale Recording Date: Nov 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 28979
  • Previous Sale Recording Date: Aug 19, 2005
  • Previous Sale Amount: $460,000
  • 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 Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2534 ft²

Average Home Age

73 years

Currently For Sale

1483 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: 4 months ago
Data Source: MLS PIN, MLS# 72402384

Frequently Asked Questions

When was property at 65 Brown Street built and last sold?
The property at 65 Brown Street was built in 1959 and last sold on Jan 1, 1970 for $499,900.
How much is this home worth?
The estimated value of the home located at 65 Brown Street is $511,471.
What are some comparable homes to 65 Brown Street?
There are currently no comparable homes to 65 Brown Street.
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