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Andover 01810
74 Elm St
$460,000
● House - Off Market

74 Elm St

Andover, MA 01810
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,266 Ft²
$821,576
RealtyHop Estimate
64.35%
Since Jan 1, 2017
MA-Boston
Primary Model

About This Property

CLASSIC COLONIAL WITHIN WALKING DISTANCE TO DOWN TOWN ANDOVER! Recently renovated, this home features a stunning kitchen with SS Appliances, granite countertops, hardwood flooring and a 1/2 bath. The living space offers an open floor plan with rich refinished hardwood flooring, large living room area with handsome brick fireplace and original french doors, Dining Room off kitchen wonderful for entertaining and a fabulous bonus room anchoring the living area.   A wonderful staircase leads to the second level with 3 spacious bedroom, huge closets and main bath. WALK up attic offers the buyer the possibility for expansion space on the third floor.  BIKE OR WALK TO EVERYTHING.. COFFEE, GYM, SHOPS, BANK, LIBRARY, SCHOOLS, RESTAURANTS AND TRAIN! DOWNTOWN LIVING IS THE ONLY WAY TO LIVE!!
Unit Size
2,266 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$221
Property Type
House
Property Taxes
$626
HOA Dues
-
Year Built
1910

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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: 5 months ago (MLSPIN #72045982)

Price History

Date / Event Date Event Price
Dec 16, 2016 Sold
Premium
Sold
Jul 30, 2016 Listed by Coldwell Banker Residential Brokerage - Andover $499,900
Listed by Coldwell Banker Residential Brokerage - Andover

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 992
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,081
  • Total Building Area: 2,266
  • Gross Building Area: 4,077
  • Building Area: 2,266
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,266
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000140
  • 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:00038 B:00224 L:00000
  • Block: 224
  • Municipality: ANDOVER
  • Latitude: 42.6609
  • Longitude: -71.1367

    Address

  • Full Address: 74 Elm St
  • Address - House Number: 74
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C002
  • 4-Digit Zip Code: 3604
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,030,400

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 924,106
  • High Value: 1,070,073
  • Low Value: 778,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $754,300
  • Assessed Land Value: $409,400
  • Assessed Improvements Value: $344,900

    Sales

  • Current Sale Recording Date: Dec 16, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 33811
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:

$899,900

Sale Price/ft²

$422

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2997 ft²

Average Home Age

83.6 years

Currently For Sale

19 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# 72045982

Frequently Asked Questions

When was property at 74 Elm Street built and last sold?
The property at 74 Elm Street was built in 1910 and last sold on Jan 1, 1970 for $460,000.
How much is this home worth?
The estimated value of the home located at 74 Elm Street is $529,077.
What are some comparable homes to 74 Elm Street?
There are currently no comparable homes to 74 Elm Street.
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