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Essex 01810
73 Lowell St
$475,000
● House - Off Market

73 Lowell St

Andover, MA 01810
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,774 Ft²
$610,511
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model

About This Property

Picture perfect, beautifully maintained Dutch Colonial with 3 bedrooms and 1 and 1/2 baths. Lush, beautifully maintained landscaping.  Cozy fireplace in living room for those crisp evenings, eat in kitchen with gleaming granite counter tops, black appliances, and stunning bamboo flooring which runs throughout kitchen and dining room.  Comfortable sun room off living room with built-in floor to ceiling bookshelves, and an office (or den) and home gym in basement.  Located in a sought after neighborhood in Andover with easy access to highways major highways without sacrificing the neighborhood feel.  No maintenance slate roof!  Your next home is waiting for you!
Unit Size
1,774 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$259
Property Type
House
Property Taxes
$537
HOA Dues
-
Year Built
1929

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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: 5 months ago (MLSPIN #72690991)

Price History

Date / Event Date Event Price
Aug 26, 2020 Sold
Premium
Sold
Jul 14, 2020 Listed by Old Heritage Realty Group $459,900
Listed by Old Heritage Realty Group
Nov 27, 2012 Sold
Premium
Sold
Aug 7, 2012 Listed by Old Heritage Realty Group $399,000
Listed by Old Heritage Realty Group
Aug 31, 2000 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 670
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,458
  • Total Building Area: 1,375
  • Gross Building Area: 2,201
  • Building Area: 1,375
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,375
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEST MEADOW MILL
  • Land Acres: 0000000286
  • 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:00070 B:00039 L:00000
  • Block: 39
  • Municipality: ANDOVER
  • Latitude: 42.6679
  • Longitude: -71.1565

    Address

  • Full Address: 73 Lowell St
  • Address - House Number: 73
  • Address - Street Name: Lowell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C007
  • 4-Digit Zip Code: 2931
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $762,500

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 645,721
  • High Value: 749,936
  • Low Value: 541,506

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $558,200
  • Assessed Land Value: $312,500
  • Assessed Improvements Value: $245,700

    Sales

  • Current Sale Contract Date: Aug 25, 2020
  • Current Sale Recording Date: Aug 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22391
  • Previous Sale Recording Date: Nov 27, 2012
  • Previous Sale Amount: $392,500
  • 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:

$699,899

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2549 ft²

Average Home Age

72.5 years

Currently For Sale

1472 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# 72690991

Frequently Asked Questions

When was property at 73 Lowell Street built and last sold?
The property at 73 Lowell Street was built in 1929 and last sold on Aug 25, 2020 for $475,000.
How much is this home worth?
The estimated value of the home located at 73 Lowell Street is $476,034.
What are some comparable homes to 73 Lowell Street?
There are currently no comparable homes to 73 Lowell Street.
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