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Andover 01810
68 Carmel Road
$524,500
● House - Off Market

68 Carmel Road

Andover, MA 01810
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,624 Ft²
$852,986
RealtyHop Estimate
67.28%
Since Jul 1, 2016
MA-Boston
Primary Model

About This Property

Terrific Colonial at a quiet end of a very sought after IN TOWN neighborhood. Pristine Condition. Large Living Room with Fireplace, year round Sunroom, overlooking private backyard and gorgeous sunsets, updated Eat In Kitchen with Granite Countertops, Stainless Appliances, Formal Dining Room, 3 good size bedrooms, plus a Bonus room on the 3rd floor, updated Baths, Hardwood Floors. This Home has it all, come and see it yourself.
Unit Size
1,624 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$314
Property Type
House
Property Taxes
$594
HOA Dues
-
Year Built
1925

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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 #71991900)

Price History

Date / Event Date Event Price
Jun 30, 2021 Sold
Premium
Sold
Apr 30, 2021 Listed by William Raveis R.E. & Home Services $629,900
Listed by William Raveis R.E. & Home Services
Jun 8, 2016 Sold
Premium
Sold
Apr 21, 2016 Listed by William Raveis R.E. & Home Services $509,900
Listed by William Raveis R.E. & Home Services
Aug 13, 1999 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 928
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,680
  • Total Building Area: 1,624
  • Gross Building Area: 2,812
  • Building Area: 1,624
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,624
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000176
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254100

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00020 B:00071 L:00000
  • Block: 71
  • Municipality: ANDOVER
  • Latitude: 42.665
  • Longitude: -71.1394

    Address

  • Full Address: 68 Carmel Rd
  • Address - House Number: 68
  • Address - Street Name: Carmel
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: C011
  • 4-Digit Zip Code: 3118
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $940,900

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 766,352
  • High Value: 897,091
  • Low Value: 635,614

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $688,800
  • Assessed Land Value: $419,500
  • Assessed Improvements Value: $269,300

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Jun 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21986
  • Previous Sale Recording Date: Jun 08, 2016
  • Previous Sale Amount: $524,500
  • Previous Sale Document Type: O
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:

$872,500

Sale Price/ft²

$417

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2753 ft²

Average Home Age

84.5 years

Currently For Sale

21 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: 4 months ago
Data Source: MLS PIN, MLS# 71991900

Frequently Asked Questions

When was property at 68 Carmel Road built and last sold?
The property at 68 Carmel Road was built in 1925 and last sold on Jun 30, 2021 for $715,000.
How much is this home worth?
The estimated value of the home located at 68 Carmel Road is $643,177.
What are some comparable homes to 68 Carmel Road?
There are currently no comparable homes to 68 Carmel Road.
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