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Essex 01810
77 Lovejoy Road
$705,000
● House - Off Market

77 Lovejoy Road

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,000 Ft²
$1,349,451
RealtyHop Estimate
90.09%
Since Oct 1, 2013
MA-Boston
Primary Model

About This Property

CENTRAL LOCATION & SHOWS LIKE NEW!!!!  Young yet updated Colonial boasts bright kitchen with breakfast bar, open to granite fireplaced family room with surround sound, custom built-in & vaulted ceiling.  Easy flow to formal dining & living rooms. 2nd floor has 4 bedrooms, including a master suite with vaulted ceiling, stunning renovated bath & walk-up office loft with skylight. Finished LL has playroom and storage & tiled mud area from garage entry. CURB APPEAL enhanced with new custom front walkway & wall, professional plantings & lighting. Lots of hardwood floors & recessed lighting. Newer cedar siding, garage doors, roof, furnace, AC, water tank. Walk to Sanborn School, close to town center, train and highways. HURRY!!!
Unit Size
3,000 Ft²
Days on Market
-
Land Size
0.63 acres
Price per sqft
$237
Property Type
House
Property Taxes
$638
HOA Dues
-
Year Built
1990

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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: 4 months ago (MLSPIN #71567677)

Price History

Date / Event Date Event Price
Sep 20, 2013 Sold
Premium
Sold
Aug 9, 2013 Listed by Prudential Howe & Doherty $709,900
Listed by Prudential Howe & Doherty
Mar 29, 1991 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 1,324
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,800
  • Total Building Area: 3,066
  • Gross Building Area: 4,946
  • Building Area: 3,066
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,066
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000638
  • 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:00135 B:00002 L:0000A
  • Block: 2
  • Lot: A
  • Municipality: ANDOVER
  • Latitude: 42.6412
  • Longitude: -71.1764

    Address

  • Full Address: 77 Lovejoy Rd
  • Address - House Number: 77
  • Address - Street Name: Lovejoy
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: C012
  • 4-Digit Zip Code: 4524
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,141,800

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,090,867
  • High Value: 1,276,995
  • Low Value: 904,739

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $835,900
  • Assessed Land Value: $373,200
  • Assessed Improvements Value: $462,700

    Sales

  • Current Sale Recording Date: Sep 20, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000002
  • Previous Sale Recording Date: Mar 29, 1991
  • Previous Sale Amount: $292,500
  • 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

2534 ft²

Average Home Age

73 years

Currently For Sale

1483 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71567677

Frequently Asked Questions

When was property at 77 Lovejoy Road built and last sold?
The property at 77 Lovejoy Road was built in 1990 and last sold on Jan 1, 1970 for $705,000.
How much is this home worth?
The estimated value of the home located at 77 Lovejoy Road is $737,489.
What are some comparable homes to 77 Lovejoy Road?
There are currently no comparable homes to 77 Lovejoy Road.
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