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Essex 01810
7 Penbrook Cir
$637,500
● House - Off Market

7 Penbrook Cir

Andover, MA 01810
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,234 Ft²
$1,432,832
RealtyHop Estimate
115.79%
Since Oct 1, 2012
National-US
Primary Model

About This Property

Beautifully updated Colonial on quiet cul-de-sac in High Plain/Wood Hill School District. First flr features a Central Entrance, Formal Dining & Living Rm, inviting Family Rm w/Fireplace, Spacious Eat-In Kitchen, 1/2 BA & Grt Rm w/Balcony. New Deck overlooks Private, Expansive Bkyd. Second flr contains 4 BR/2BA. Basement boasts 1000 sq ft of fully finished space, Custom Cabinetry, Full BA, plus extra room for storage. Lots of space and versatility, complete with Attractive Landscaping - Must See
Unit Size
4,234 Ft²
Days on Market
-
Land Size
0.72 acres
Price per sqft
$157
Property Type
House
Property Taxes
$753
HOA Dues
-
Year Built
1984

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71406876)

Price History

Date / Event Date Event Price
Sep 5, 2012 Sold
Premium
Sold
Jul 9, 2012 Listed by Murphy Real Estate Group $664,000
Listed by Murphy Real Estate Group

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,396
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,442
  • Total Building Area: 4,234
  • Gross Building Area: 5,264
  • Building Area: 4,234
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,234
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAR CORNERS SEC 02
  • Land Acres: 0000000722
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254402

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00226 B:00031 L:00000
  • Block: 31
  • Municipality: ANDOVER
  • Latitude: 42.6541
  • Longitude: -71.2323

    Address

  • Full Address: 7 Penbrook Cir
  • Address - House Number: 7
  • Address - Street Name: Penbrook
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Andover
  • Carrier Code: R002
  • 4-Digit Zip Code: 4274
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,267,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1551
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,220,728
  • High Value: 1,410,084
  • Low Value: 1,031,371

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $928,100
  • Assessed Land Value: $416,400
  • Assessed Improvements Value: $511,700

    Sales

  • Current Sale Recording Date: Sep 05, 2012
  • Current Sale Price:
    Premium
  • Current 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

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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# 71406876

Frequently Asked Questions

When was property at 7 Penbrook Circle built and last sold?
The property at 7 Penbrook Circle was built in 1984 and last sold on Jan 1, 1970 for $637,500.
How much is this home worth?
The estimated value of the home located at 7 Penbrook Circle is $715,415.
What are some comparable homes to 7 Penbrook Circle?
There are currently no comparable homes to 7 Penbrook Circle.
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