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Essex 01810
79 Lowell Street
$184,900
● House - Off Market

79 Lowell Street

Andover, MA 01810
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,237 Ft²
$703,706
RealtyHop Estimate
280.59%
Since Jun 1, 1998
MA-Boston
Primary Model

About This Property

LIGHT & BRIGH BUNGALOW PERCHED ON A LOVELLY KNOLL. SPAC & LEVEL REAR YARD FOR PRIV & PARK. THIS HOME BOASTS HDWD FLS THROUGHOUT,GEN SIZE RMS W/THE FAM RM HAVE A CENTRAL FP. A 2ND FL OFFICE HAS BEEN FUNCTIONING AS A CHILD'S BEDROOM.
Unit Size
1,237 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$149
Property Type
House
Property Taxes
$217
HOA Dues
-
Year Built
1928

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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 years ago (MLSPIN #30214908)

Price History

Date / Event Date Event Price
Oct 6, 2000 Sold
Premium
Sold
Aug 17, 2000 Listed $262,500
Listed
May 29, 1998 Sold
Premium
Sold
Apr 10, 1998 Listed $184,900
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 730
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,352
  • Total Building Area: 1,237
  • Gross Building Area: 2,394
  • Building Area: 1,237
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,237
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000215
  • 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:00035 L:00000
  • Block: 35
  • Municipality: ANDOVER
  • Latitude: 42.6674
  • Longitude: -71.1568

    Address

  • Full Address: 79 Lowell St
  • Address - House Number: 79
  • 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: $745,800

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 626,742
  • High Value: 733,768
  • Low Value: 519,716

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $546,000
  • Assessed Land Value: $304,000
  • Assessed Improvements Value: $242,000

    Sales

  • Current Sale Recording Date: Oct 06, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: May 29, 1998
  • Previous Sale Amount: $184,900
  • 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:

$699,500

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2546 ft²

Average Home Age

72.5 years

Currently For Sale

1487 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: 4 years ago
Data Source: MLS PIN, MLS# 30214908

Frequently Asked Questions

When was property at 79 Lowell Street built and last sold?
The property at 79 Lowell Street was built in 1928 and last sold on Jan 1, 1970 for $262,500.
How much is this home worth?
The estimated value of the home located at 79 Lowell Street is $0.
What are some comparable homes to 79 Lowell Street?
There are currently no comparable homes to 79 Lowell Street.
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