For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Essex 01810
7 Shepley St
$380,000
● House - Off Market

7 Shepley St

Andover, MA 01810
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,377 Ft²
$551,250
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

Value, Updates and Location! This charming Colonial has the character that many buyers want along with the updates and turn key ready condition they search for. Great combination of location, updates and style. This cul de sac location puts you in the Andover school district and close to commuting routes and Downtown/Shawsheen Square. Easy access to the Shawsheen Luncheonette for Sunday brunch or the bus line to take you to Boston. Updates include updated windows, heating system, siding, kitchen updates, finished lower level play room, fresh today colors on the walls and more. Level maintainable back yard for fun and games with a one car detached garage and driveway space for everyone's car. Come see this beauty!
Unit Size
1,377 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$272
Property Type
House
Property Taxes
$513
HOA Dues
-
Year Built
1920

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #72485473)

Price History

Date / Event Date Event Price
Jul 30, 2021 Sold
Premium
Sold
May 12, 2021 Listed by Coldwell Banker Residential Brokerage - Andover $519,000
Listed by Coldwell Banker Residential Brokerage - Andover
Jun 7, 2019 Sold
Premium
Sold
Apr 22, 2019 Listed by Coldwell Banker Residential Brokerage - Andover $375,000
Listed by Coldwell Banker Residential Brokerage - Andover
Jul 12, 2013 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 810
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,015
  • Total Building Area: 1,782
  • Gross Building Area: 2,653
  • Building Area: 1,782
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,782
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • 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:00034 B:00028 L:00000
  • Block: 28
  • Municipality: ANDOVER
  • Latitude: 42.6809
  • Longitude: -71.1514

    Address

  • Full Address: 7 Shepley St
  • Address - House Number: 7
  • Address - Street Name: Shepley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C010
  • 4-Digit Zip Code: 1308
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $716,200

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 609,703
  • High Value: 713,819
  • Low Value: 505,587

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $524,300
  • Assessed Land Value: $260,200
  • Assessed Improvements Value: $264,100

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Jul 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 25525
  • Previous Sale Recording Date: Jun 07, 2019
  • Previous Sale Contract Date: May 18, 2019
  • Previous Sale Amount: $380,000
  • Previous 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:

$699,500

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2546 ft²

Average Home Age

72.5 years

Currently For Sale

1487 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

Unit for rent at 23 Florence, Andover, 01810

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
23 Florence, Andover, 01810 Listing by Julie Ratte

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72485473

Frequently Asked Questions

When was property at 7 Shepley Street built and last sold?
The property at 7 Shepley Street was built in 1920 and last sold on Jul 30, 2021 for $531,000.
How much is this home worth?
The estimated value of the home located at 7 Shepley Street is $532,755.
What are some comparable homes to 7 Shepley Street?
There are currently no comparable homes to 7 Shepley Street.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Andover Homes for Sale
Andover Houses for Sale
Andover Condos for Sale
Andover Multifamily for Sale
Andover Land for Sale
Andover Commercial for Sale
Andover Homes with Basements
Andover Homes with Pools
Nearby Cities
Lowell Homes for Sale
Haverhill Homes for Sale
Methuen Town Homes for Sale
Lawrence Homes for Sale
Peabody Homes for Sale
Wakefield Homes for Sale
Danvers Homes for Sale
Reading Homes for Sale
Nearby Property Records
Essex County, MA Property Records
Middlesex County, MA Property Records
Suffolk County, MA Property Records
Rockingham County, NH Property Records
Hillsborough County, NH Property Records
Norfolk County, MA Property Records
Worcester County, MA Property Records
Strafford County, NH Property Records
Neighborhoods
Highlands Real Estate
Centralville Real Estate
Pawtucketville Real Estate
South Lowell Real Estate
Peabody Town Center Real Estate
Tower Hill Real Estate
Belvidere Real Estate
Prospect Hill - Back Bay Real Estate
Nearby Counties
Lowell Homes for Sale
Haverhill Homes for Sale
Methuen Town Homes for Sale
Lawrence Homes for Sale
Peabody Homes for Sale
Chelmsford Homes for Sale
Billerica Homes for Sale
North Andover Homes for Sale
Top Real Estate Agents
Top Agents in Andover
Top Agents in Lowell
Top Agents in Lowell
Top Agents in Haverhill
Top Agents in Haverhill
Top Agents in Methuen Town
Top Agents in Methuen Town
Top Agents in 01844