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Essex 01810
69 Corbett Street
$375,000
● House - Off Market

69 Corbett Street

Andover, MA 01810
bedrooms
2 Beds
bathrooms
1 Bath
square feet
768 Ft²
$370,249
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Welcome home to your private oasis, an excellent alternative to condo living.  This updated, move-in-ready, cozy two-bedroom, one-bath, Bungalow features young flooring, a newer roof (approx 5 yrs.), a young gas boiler & hot water heater. Galley Kitchen with stainless steel appliances opens to a generous Dining Room with built-ins. The welcoming screened front porch opens to Foyer and Living Room. Fully fenced .35 acre lot with fire pit and shed.  A quick ride to Andover center shops, dining and highways, commuter buses & the commuter rail train to North Station Boston.
Unit Size
768 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$454
Property Type
House
Property Taxes
$356
HOA Dues
-
Year Built
1929

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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 #73056393)

Price History

Date / Event Date Event Price
Dec 27, 2022 Sold
Premium
Sold
Nov 16, 2022 In contract -
In contract
Nov 8, 2022 Listed by William Raveis R.E. & Home Services $349,000
Listed by William Raveis R.E. & Home Services
Aug 9, 2019 Sold
Premium
Sold
May 31, 2019 Listed by William Raveis R.E. & Home Services $299,900
Listed by William Raveis R.E. & Home Services
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,638
  • Total Building Area: 768
  • Gross Building Area: 1,704
  • Building Area: 768
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 768
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 5730F
  • Land Acres: 0000000359
  • 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:00051 B:00130 L:00000
  • Block: 130
  • Municipality: ANDOVER
  • Latitude: 42.6777
  • Longitude: -71.1605

    Address

  • Full Address: 69 Corbett St
  • Address - House Number: 69
  • Address - Street Name: Corbett
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C010
  • 4-Digit Zip Code: 1324
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $499,100
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 422,903
  • High Value: 497,348
  • Low Value: 348,458

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $365,400
  • Assessed Land Value: $217,300
  • Assessed Improvements Value: $148,100

    Sales

  • Current Sale Contract Date: Dec 27, 2022
  • Current Sale Recording Date: Dec 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 128264
  • Previous Sale Recording Date: Aug 09, 2019
  • Previous Sale Contract Date: Aug 05, 2019
  • Previous Sale Amount: $300,000
  • 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 Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2532 ft²

Average Home Age

73 years

Currently For Sale

1479 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# 73056393

Frequently Asked Questions

When was property at 69 Corbett Street built and last sold?
The property at 69 Corbett Street was built in 1929 and last sold on Dec 27, 2022 for $375,000.
How much is this home worth?
The estimated value of the home located at 69 Corbett Street is $348,411.
What are some comparable homes to 69 Corbett Street?
There are currently no comparable homes to 69 Corbett Street.
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