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Andover 01810
7 Marilyn Rd
$740,000
● House - Off Market

7 Marilyn Rd

Andover, MA 01810
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,748 Ft²
$784,811
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

Attractive Ranch in sought after neighborhood close to all schools, train and downtown. This well maintained home features an eat in kitchen with granite countertops, tile flooring, stainless steel appliances, breakfast bar plus an adjacent family room/sitting room with fireplace, built in bookshelves and access to screen porch overlooking a very private fenced backyard. Additional rooms include a large living room with hardwood floors, 2nd fireplace, large picture window and recessed lighting and a light and bright dining room with hardwood flooring. The bedroom wing includes 3 nicely sized bedrooms with ample closet space and hardwood flooring plus 2 full baths. The 2 car garage, new West Elementary School district and prime location add to this homes many amenities.
Unit Size
1,748 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$418
Property Type
House
Property Taxes
$640
HOA Dues
-
Year Built
1960

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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 #73053065)

Price History

Date / Event Date Event Price
Dec 8, 2022 Sold
Premium
Sold
Nov 2, 2022 In contract -
In contract
Oct 28, 2022 Listed by RE/MAX Partners $729,900
Listed by RE/MAX Partners
Jun 23, 2005 Sold
Premium
Sold
Apr 6, 2005 Listed by RE/MAX Partners $465,000
Listed by RE/MAX Partners
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • 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: 1,748
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,880
  • Total Building Area: 1,748
  • Gross Building Area: 4,212
  • Building Area: 1,748
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,748
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000388
  • 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:00071 B:00026 L:00000
  • Block: 26
  • Municipality: ANDOVER
  • Latitude: 42.6635
  • Longitude: -71.1578

    Address

  • Full Address: 7 Marilyn Rd
  • Address - House Number: 7
  • Address - Street Name: Marilyn
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: C009
  • 4-Digit Zip Code: 2933
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $827,900

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 706,037
  • High Value: 826,485
  • Low Value: 585,588

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $606,100
  • Assessed Land Value: $355,000
  • Assessed Improvements Value: $251,100

    Sales

  • Current Sale Contract Date: Dec 08, 2022
  • Current Sale Recording Date: Dec 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27974
  • Previous Sale Recording Date: Jun 23, 2005
  • Previous Sale Amount: $481,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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:

$875,000

Sale Price/ft²

$416

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2778 ft²

Average Home Age

90.8 years

Currently For Sale

23 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# 73053065

Frequently Asked Questions

When was property at 7 Marilyn Road built and last sold?
The property at 7 Marilyn Road was built in 1960 and last sold on Dec 8, 2022 for $740,000.
How much is this home worth?
The estimated value of the home located at 7 Marilyn Road is $719,964.
What are some comparable homes to 7 Marilyn Road?
There are currently no comparable homes to 7 Marilyn Road.
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