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Essex 01810
7 Pettingill Road
$539,000
● House - Off Market

7 Pettingill Road

Andover, MA 01810
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,541 Ft²
$1,223,501
RealtyHop Estimate
122.50%
Since Dec 1, 2003
National-US
Primary Model

About This Property

HOME SWEET HOME DESCRIBES THIS DELIGHTFUL CAPE COD W/ATT'D GARAGE;2-STORY FOYER,CATHEDRAL CEILING FAM. ROOM,1ST FLR MASTER BR,HARDWOOD FLOORS,TILE, & CARPET;FINISHED LOWER LEVEL; ABUTS CONSERVATION LAND, NEW SCHOOL DISTRICT
Unit Size
2,541 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$216
Property Type
House
Property Taxes
$443
HOA Dues
-
Year Built
1986

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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 years ago (MLSPIN #30720738)

Price History

Date / Event Date Event Price
Sep 13, 2021 Sold
Premium
Sold
Jul 19, 2016 Sold
Premium
Sold
Nov 21, 2003 Sold
Premium
Sold
May 11, 2003 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $549,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,200
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,032
  • Total Building Area: 3,261
  • Gross Building Area: 4,807
  • Building Area: 3,261
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,261
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PETTINGILL AVE EXT
  • Land Acres: 0000001080
  • 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:00148 B:00006 L:0000C
  • Block: 6
  • Lot: C
  • Municipality: ANDOVER
  • Latitude: 42.668
  • Longitude: -71.1921

    Address

  • Full Address: 7 Pettingell Rd
  • Address - House Number: 7
  • Address - Street Name: Pettingell
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: R007
  • 4-Digit Zip Code: 1203
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $892,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1812
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 814,386
  • High Value: 962,004
  • Low Value: 666,768

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $653,000
  • Assessed Land Value: $284,300
  • Assessed Improvements Value: $368,700

    Sales

  • Current Sale Contract Date: Sep 09, 2021
  • Current Sale Recording Date: Sep 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 30489
  • Previous Sale Recording Date: Sep 26, 2018
  • 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

2546 ft²

Average Home Age

73.2 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 years ago
Data Source: MLS PIN, MLS# 30720738

Frequently Asked Questions

When was property at 7 Pettingill Road built and last sold?
The property at 7 Pettingill Road was built in 1986 and last sold on Sep 9, 2021 for $422,375.
How much is this home worth?
The estimated value of the home located at 7 Pettingill Road is $0.
What are some comparable homes to 7 Pettingill Road?
There are currently no comparable homes to 7 Pettingill Road.
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