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Essex 01810
7 Chandler Rd
$530,000
● House - Off Market

7 Chandler Rd

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,800 Ft²
$1,031,027
RealtyHop Estimate
94.57%
Since Sep 1, 2013
National-US
Primary Model

About This Property

A wonderful place to call home is this spacious ranch with open concept perfect for entertaining and enjoying a comfortable lifestyle offering many built ins, upgraded maple kitchen cabs- hardwood floors thruout the upper level-have fun in the finished, heated, fireplaced lower level with additional room that is used as a 4th bedroom-Central Air, 2 car garage and a super convenient location near all the activities that the town of Andover has to offer- Welcome Home!
Unit Size
2,800 Ft²
Days on Market
-
Land Size
0.82 acres
Price per sqft
$189
Property Type
House
Property Taxes
$537
HOA Dues
-
Year Built
1955

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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: 5 months ago (MLSPIN #71550799)

Price History

Date / Event Date Event Price
Aug 22, 2013 Sold
Premium
Sold
Jul 3, 2013 Listed by RE/MAX Partners $529,900
Listed by RE/MAX Partners
Dec 31, 2002 Sold
Premium
Sold
Oct 3, 2002 Listed by RE/MAX Partners $489,900
Listed by RE/MAX Partners
Apr 10, 1997 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 1,878
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 35,776
  • Total Building Area: 3,568
  • Gross Building Area: 4,662
  • Building Area: 3,568
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,568
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000821
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00106 B:00052 L:00000
  • Block: 52
  • Municipality: ANDOVER
  • Latitude: 42.6691
  • Longitude: -71.1749

    Address

  • Full Address: 7 Chandler Rd
  • Address - House Number: 7
  • Address - Street Name: Chandler
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: C023
  • 4-Digit Zip Code: 2814
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,033,100

    Appraisal Valuation

  • Standard Deviation: 0.1551
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 946,447
  • High Value: 1,093,258
  • Low Value: 799,636

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $756,300
  • Assessed Land Value: $433,300
  • Assessed Improvements Value: $323,000

    Sales

  • Current Sale Recording Date: Aug 22, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000002
  • Previous Sale Recording Date: Dec 31, 2002
  • Previous Sale Amount: $473,500
  • 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

2558 ft²

Average Home Age

72.5 years

Currently For Sale

1466 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: 5 months ago
Data Source: MLS PIN, MLS# 71550799

Frequently Asked Questions

When was property at 7 Chandler Road built and last sold?
The property at 7 Chandler Road was built in 1955 and last sold on Jan 1, 1970 for $530,000.
How much is this home worth?
The estimated value of the home located at 7 Chandler Road is $559,555.
What are some comparable homes to 7 Chandler Road?
There are currently no comparable homes to 7 Chandler Road.
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