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Essex 01810
74 Wild Rose Drive
$623,500
● House - Off Market

74 Wild Rose Drive

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,800 Ft²
$910,245
RealtyHop Estimate
34.85%
Since Aug 1, 2020
MA-Boston
Primary Model

About This Property

RECIPE FOR SUCCESS: IDEAL LOCATION, PREFERRED ANDOVER NEIGHBORHOOD, 4 BDRM COLONIAL, .69 LEVEL FENCED PRIVATE LOT.  Perfect in so many ways but ready for some cosmetic improvements.  This amazing house offers a commuters dream location, close proximity to schools, town water/sewer/natural gas and the perfect "trick or treat" neighborhood.  Features include hardwood floors throughout most of the house, remodeled Cherry Kitchen with SS appliances, quartz counters and new flooring that opens to a family room with cathedral ceiling and wood burning fireplace. Four well proportioned bedrooms on 2nd floor with ensuite master bath have hardwood. Enjoy gatherings in the Lower Level playroom with a wet bar and mud room. All the right ingredients are here for the next lucky owner. OH Virtual Tour 24/7 in MLS
Unit Size
2,800 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$241
Property Type
House
Property Taxes
$745
HOA Dues
-
Year Built
1969

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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 #72649984)

Price History

Date / Event Date Event Price
Jul 31, 2020 Sold
Premium
Sold
May 1, 2020 Listed by William Raveis R.E. & Home Services $675,000
Listed by William Raveis R.E. & Home Services
Aug 5, 1997 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,220
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,000
  • Total Building Area: 2,800
  • Gross Building Area: 3,876
  • Building Area: 2,800
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,800
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 02 & ACCEPTANCE PLAN ROLLIN
  • Land Acres: 0000000689
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254403

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00134 B:00070 L:00000
  • Block: 70
  • Municipality: ANDOVER
  • Latitude: 42.6468
  • Longitude: -71.1768

    Address

  • Full Address: 74 Wild Rose Dr
  • Address - House Number: 74
  • Address - Street Name: Wild Rose
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Andover
  • Carrier Code: C012
  • 4-Digit Zip Code: 4631
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,033,100

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 956,597
  • High Value: 1,119,790
  • Low Value: 793,403

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $756,300
  • Assessed Land Value: $415,100
  • Assessed Improvements Value: $341,200

    Sales

  • Current Sale Contract Date: Jul 21, 2020
  • Current Sale Recording Date: Jul 31, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19761
  • Previous Sale Recording Date: Aug 05, 1997
  • Previous Sale Amount: $320,000
  • 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 Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2533 ft²

Average Home Age

72.6 years

Currently For Sale

1471 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# 72649984

Frequently Asked Questions

When was property at 74 Wild Rose Drive built and last sold?
The property at 74 Wild Rose Drive was built in 1969 and last sold on Jul 21, 2020 for $623,500.
How much is this home worth?
The estimated value of the home located at 74 Wild Rose Drive is $696,713.
What are some comparable homes to 74 Wild Rose Drive?
There are currently no comparable homes to 74 Wild Rose Drive.
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