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Andover 01810
72 Chestnut St
$570,000
● House - Off Market

72 Chestnut St

Andover, MA 01810
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,089 Ft²
$1,171,533
RealtyHop Estimate
107.35%
Since Jun 1, 2012
MA-Boston
Primary Model

About This Property

PRIME IN-TOWN LOCATION AT ITS BEST! Handsome Centennial beauty blends antique charm with state-of-the-art renovation.  Welcoming foyer leads to large LR & DR w/ fr doors & built-in china cabinet. Architecturally-designed  FamRm/Kit addition  enhances original design  w/ cath ceilings, fireplace,skylites, granite island w/ seating,high end SS app & sliders to expansive deck.  Cozy library + 1/2 bath.  Upstairs are 3 lovely BRMS  incl Master w/ W/I closet, 2 elegant new  BATHS w/ radiant heat.
Unit Size
2,089 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$270
Property Type
House
Property Taxes
$518
HOA Dues
-
Year Built
1912

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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 #71359535)

Price History

Date / Event Date Event Price
May 18, 2012 Sold
Premium
Sold
Mar 30, 2012 Listed by Prudential Howe & Doherty $565,000
Listed by Prudential Howe & Doherty
Oct 30, 2002 Sold
Premium
Sold
Jul 17, 2002 Listed by Prudential Howe & Doherty $549,900
Listed by Prudential Howe & Doherty

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 1,760
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,922
  • Total Building Area: 2,505
  • Gross Building Area: 5,492
  • Building Area: 2,505
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,505
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000274
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254200

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00039 B:00133 L:00000
  • Block: 133
  • Municipality: ANDOVER
  • Latitude: 42.657
  • Longitude: -71.1334

    Address

  • Full Address: 72 Chestnut St
  • Address - House Number: 72
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C015
  • 4-Digit Zip Code: 3637
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,111,100

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 967,521
  • High Value: 1,132,603
  • Low Value: 802,439

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $813,400
  • Assessed Land Value: $435,700
  • Assessed Improvements Value: $377,700

    Sales

  • Current Sale Recording Date: May 18, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000001
  • Previous Sale Recording Date: Oct 30, 2002
  • Previous Sale Amount: $530,000
  • 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 Andover

Stats & Trends

Median Asking:

$872,500

Sale Price/ft²

$417

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2753 ft²

Average Home Age

84.5 years

Currently For Sale

21 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# 71359535

Frequently Asked Questions

When was property at 72 Chestnut Street built and last sold?
The property at 72 Chestnut Street was built in 1912 and last sold on Jan 1, 1970 for $570,000.
How much is this home worth?
The estimated value of the home located at 72 Chestnut Street is $590,250.
What are some comparable homes to 72 Chestnut Street?
There are currently no comparable homes to 72 Chestnut Street.
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