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Essex 01810
7 Meadowbrook Dr
Photo of 7 Meadowbrook Dr
Sold on Apr 13, 2010

1

Map

$470,000
● House - Off Market

7 Meadowbrook Dr

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,990 Ft²
$974,923
RealtyHop Estimate
105.29%
Since May 1, 2010
MA-Boston
Primary Model

About This Property

Pristine Split Entry in Turnkey condition in a cul-de-sac neighborhood with great access to town & commuter routes.  Inside you'll find many upgrades including newer kitchen & baths, hardwood floors, pella windows and cherry built-ins in family room.  A lovely bay window in the roomy eat-in kitchen provides your morning sunshine.  Ample storage in & out, two car garage, finished lower level & a fabulous oversized storage shed makes this a smart-buy in the Bancroft/Doherty School district.
Unit Size
1,990 Ft²
Days on Market
-
Land Size
0.85 acres
Price per sqft
$239
Property Type
House
Property Taxes
$491
HOA Dues
-
Year Built
1963

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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 #71034842)

Price History

Date / Event Date Event Price
Apr 13, 2010 Sold
Premium
Sold
Feb 19, 2010 Listed $474,900
Listed
May 1, 2008 Sold
Premium
Sold
Mar 21, 2008 Listed $459,900
Listed
Dec 27, 1995 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 1,250
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 37,078
  • Total Building Area: 2,053
  • Gross Building Area: 3,045
  • Building Area: 2,053
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,053
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILDWOOD ACRES
  • Land Acres: 0000000851
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254302

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00061 B:00047 L:00000
  • Block: 47
  • Municipality: ANDOVER
  • Latitude: 42.6246
  • Longitude: -71.1221

    Address

  • Full Address: 7 Meadowbrook Dr
  • Address - House Number: 7
  • Address - Street Name: Meadowbrook
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Andover
  • Carrier Code: C024
  • 4-Digit Zip Code: 5711
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $925,200

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 821,084
  • High Value: 961,181
  • Low Value: 680,988

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $677,300
  • Assessed Land Value: $437,400
  • Assessed Improvements Value: $239,900

    Sales

  • Current Sale Recording Date: Apr 13, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 9311
  • Previous Sale Recording Date: May 01, 2008
  • Previous Sale Amount: $455,000
  • 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71034842

Frequently Asked Questions

When was property at 7 Meadowbrook Drive built and last sold?
The property at 7 Meadowbrook Drive was built in 1963 and last sold on Jan 1, 1970 for $470,000.
How much is this home worth?
The estimated value of the home located at 7 Meadowbrook Drive is $491,613.
What are some comparable homes to 7 Meadowbrook Drive?
There are currently no comparable homes to 7 Meadowbrook Drive.
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