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Amesbury Town 01913
8 Andrews Lane
$505,000
● House - Off Market

8 Andrews Lane

Amesbury, MA 01913
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,305 Ft²
$1,117,685
RealtyHop Estimate
111.28%
Since May 1, 2010
National-US
Primary Model

About This Property

River Access! Completely renovated, lovely Antique Colonial on a large, private lot in Point Shore, a quaint village along the Merrimack & Powow Rivers. Updated Kitchen with custom cabinetry & original fireplace. Cathedral Ceiling Master Suite with lots of closets, new Bath & private Office. Fireplaced Living Room with projection TV & surround sound. Original wine cellar. New plumbing, furnace & windows. Wired for hi-speed cable & data. New 3 car garage. Post and Beam Barn workshop/studio.
Unit Size
2,305 Ft²
Days on Market
-
Land Size
1.71 acres
Price per sqft
$230
Property Type
House
Property Taxes
$633
HOA Dues
-
Year Built
1782

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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 #71055652)

Price History

Date / Event Date Event Price
Apr 6, 2010 Sold
Premium
Sold
Mar 29, 2010 Listed by RE/MAX On The River, Inc. $529,000
Listed by RE/MAX On The River, Inc.
Oct 13, 1998 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1782
  • Effective Year Built: 1782
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 9
  • Basement Area: 862
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 74,488
  • Total Building Area: 2,923
  • Gross Building Area: 4,340
  • Building Area: 2,923
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,923
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001710
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Amesbury School District
  • School Tax School District: AMESBURY SD
  • Census Tract: 266300

Zoning

  • Zoning: R20

Geography

  • Parcel: AMES M:78 B:0031
  • Block: 31
  • Municipality: AMESBURY
  • Latitude: 42.8442
  • Longitude: -70.9179

    Address

  • Full Address: 8 Andrews Ln
  • Address - House Number: 8
  • Address - Street Name: Andrews
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Amesbury
  • Carrier Code: C011
  • 4-Digit Zip Code: 4102
  • Zip Code: 01913

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,499,100

    Appraisal Valuation

  • Standard Deviation: 0.156
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,081,339
  • High Value: 1,249,989
  • Low Value: 912,689

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $958,500
  • Assessed Land Value: $350,400
  • Assessed Improvements Value: $608,100

    Sales

  • Current Sale Recording Date: Apr 06, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 508331
  • Previous Sale Recording Date: Oct 13, 1998
  • Previous Sale Amount: $139,000
  • Previous Sale Document Type: 48
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 Amesbury Town

Stats & Trends

Median Asking:

$599,000

Sale Price/ft²

$368

Below Asking

0.02%

Average Days on Market

50

Average Home Size

2059 ft²

Average Home Age

78 years

Currently For Sale

42 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: 5 months ago
Data Source: MLS PIN, MLS# 71055652

Frequently Asked Questions

When was property at 8 Andrews Lane built and last sold?
The property at 8 Andrews Lane was built in 1782 and last sold on Jan 1, 1970 for $505,000.
How much is this home worth?
The estimated value of the home located at 8 Andrews Lane is $547,708.
What are some comparable homes to 8 Andrews Lane?
There are currently no comparable homes to 8 Andrews Lane.
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