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Andover 01810
78 Pine St
$470,000
● House - Off Market

78 Pine St

Andover, MA 01810
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,575 Ft²
$870,383
RealtyHop Estimate
81.37%
Since Apr 1, 2015
MA-Boston
Primary Model

About This Property

The In-Town Opportunity you have been waiting for! Completely  renovated in 1998 and superbly maintained since.  This bright, open, spacious ranch is perfect for the downsizer looking for quality, convenience and comfort. Beautiful kitchen with granite countertops, hardwood floors throughout, wood burning fireplace, central air. Large master suite with shower plus tub and walk-in closet. Cathedral ceiling sunroom/sitting room.  Finished lower level game room. Plenty of storage. Attached garage. Sited on a perfect level corner lot.
Unit Size
1,575 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$305
Property Type
House
Property Taxes
$451
HOA Dues
-
Year Built
1953

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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 #71786849)

Price History

Date / Event Date Event Price
Mar 9, 2015 Sold
Premium
Sold
Jan 23, 2015 Listed by Keller Williams Realty $479,900
Listed by Keller Williams Realty
Feb 27, 1998 Sold
Premium
Sold
Jan 5, 1998 Listed $221,900
Listed
CHARMING IN-TOWN 6 RM RANCH ON LEVEL CRNR ABUTTING AVIS LAND FEAT. HW FLRS THRU-OUT, EAT-IN KIT W/NEW CNTRTOP, SINK, DW & FLR. LR W/BRICK FP & LARGE WINDOWS, BATHROOM W/NEW VANITY, CENTRAL AIR, GARAGE & MUCH MORE. A MUST SEE!

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,260
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,929
  • Total Building Area: 2,060
  • Gross Building Area: 4,060
  • Building Area: 2,060
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,060
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANDOVER
  • Land Acres: 0000000251
  • 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:00021 B:00148 L:00000
  • Block: 148
  • Municipality: ANDOVER
  • Latitude: 42.6612
  • Longitude: -71.1306

    Address

  • Full Address: 78 Pine St
  • Address - House Number: 78
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C004
  • 4-Digit Zip Code: 1714
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $981,100

    Appraisal Valuation

  • Standard Deviation: 0.1543
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 877,181
  • High Value: 1,012,597
  • Low Value: 741,764

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $718,200
  • Assessed Land Value: $428,900
  • Assessed Improvements Value: $289,300

    Sales

  • Current Sale Recording Date: Mar 09, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4862
  • Previous Sale Recording Date: Sep 29, 2014
  • 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:

$899,900

Sale Price/ft²

$422

Below Asking

0.01%

Average Days on Market

50

Average Home Size

3092 ft²

Average Home Age

75.8 years

Currently For Sale

17 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# 71786849

Frequently Asked Questions

When was property at 78 Pine Street built and last sold?
The property at 78 Pine Street was built in 1953 and last sold on Jan 1, 1970 for $470,000.
How much is this home worth?
The estimated value of the home located at 78 Pine Street is $490,617.
What are some comparable homes to 78 Pine Street?
There are currently no comparable homes to 78 Pine Street.
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