$185,000
●
Condo -
Off Market
8 Crescent Drive #8
Andover, MA 01810
2 Beds
1 Bath
1,006 Ft²
$378,541
RealtyHop Estimate
110.42%
Since May 1, 2003
MA-Boston
Primary Model
About This Property
ANDOVER GARDENS: SPACIOUS OPEN FLOOR PLAN. GREAT CLOSET
SPACE. BACK UNIT WITH BALCONY FACING WOODED AREA. CONDO
FEE INCLUDES POOL, MAINTENANCE, HEAT, HOT WATER, GAS COOKING. CONV.
LOC. 2 PARKING SPACES MOVE IN CONDITION
Unit Size
1,006 Ft²
Days on Market
-
Land Size
-
Price per sqft
$179
Property Type
Condo
Property Taxes
$106
HOA Dues
$184
Year Built
1966
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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: 6 months ago (MLSPIN #30670548)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 14, 2003 | Sold | ||
| Sold | |||
| Nov 22, 2002 | Listed by Century 21 North East | $179,900 | |
| Listed by Century 21 North East | |||
| | |||
|
ANDOVER GARDENS: SPACIOUS OPEN FLOOR PLAN. GREAT CLOSET SPACE. BACK UNIT WITH BALCONY FACING WOODED AREA. CONDO FEE INCLUDES POOL, MAINTENANCE, HEAT, HOT WATER, GAS COOKING. CONV. LOC. 2 PARKING SPACES MOVE IN CONDITION
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Assigned, Deeded
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator
Flooring Type: Carpet
Laundry Features: First Floor
Rooms: 4
Basement: N
Exterior Details
Has Property Attached
Square Footage: 1006
Square Footage Source: $0
Security Features: Intercom
Year Built Source: Public Records
Year Built: 1968
Waterfront Features: Canal
Building Name: Andover Gardens
Building Area Total: 1006
Building Area Units: Square Feet
Pool Features: Association, In Ground
Pool is Private
Lot Size Units: Acres
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $89,900
Tax Annual Amount: $1,270
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat
HOA Fee: $184
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/09/2024
|
2 Bed
|
1 Bath
|
1007 ft²
|
$368,000
2 Bed
1 Bath
1007 ft²
|
$341,500
-7.20%
07/05/2024
|
Zahidul Islam
Cameron Prestige, LLC
| |
|
01/31/2018
|
2 Bed
|
1 Bath
|
1006 ft²
|
$212,900
2 Bed
1 Bath
1006 ft²
|
$214,900
+0.94%
03/09/2018
|
Marianne Cashman
William Raveis R.E. & Home Services
| |
|
09/08/2016
|
2 Bed
|
1 Bath
|
1007 ft²
|
$194,900
2 Bed
1 Bath
1007 ft²
|
$196,000
+0.56%
09/29/2016
|
The Tabassi Team
RE/MAX Partners Relocation
| |
|
10/12/2015
|
2 Bed
|
1 Bath
|
934 ft²
|
$149,000
2 Bed
1 Bath
934 ft²
|
$143,000
-4.03%
01/15/2016
|
Christine Curtin
Classified Realty Group
| |
|
06/14/2013
|
2 Bed
|
1 Bath
|
1013 ft²
|
$163,500
2 Bed
1 Bath
1013 ft²
|
$170,000
+3.98%
06/28/2013
|
Sue Yuan
Keller Williams Realty
| |
|
05/01/2013
|
2 Bed
|
1 Bath
|
935 ft²
|
$149,900
2 Bed
1 Bath
935 ft²
|
$145,000
-3.27%
07/29/2013
|
Ann Marie Pinet
Swan Realty
| |
|
12/18/2012
|
2 Bed
|
1 Bath
|
1007 ft²
|
$159,900
2 Bed
1 Bath
1007 ft²
|
$143,200
-10.44%
03/08/2013
|
Kathleen Cyrier
William Raveis R.E. & Home Services
| |
|
01/21/2008
|
2 Bed
|
1 Bath
|
1007 ft²
|
$189,900
2 Bed
1 Bath
1007 ft²
|
$185,500
-2.32%
07/21/2008
|
Robert Briggs
Coldwell Banker Residential Brokerage - Haverhill
| |
|
03/03/2006
|
2 Bed
|
1 Bath
|
806 ft²
|
$169,900
2 Bed
1 Bath
806 ft²
|
$160,000
-5.83%
04/05/2006
|
Thomas Carroll
Conway - Hanover
| |
|
04/06/2004
|
2 Bed
|
1 Bath
|
1006 ft²
|
$189,500
2 Bed
1 Bath
1006 ft²
|
$185,500
-2.11%
07/30/2004
|
Todd Alperin
eXp Realty
| |
|
08/07/2003
|
2 Bed
|
1 Bath
|
1007 ft²
|
$194,900
2 Bed
1 Bath
1007 ft²
|
$189,500
-2.77%
09/30/2003
|
Caroline Hoyt
Prudential Howe & Doherty
| |
|
11/22/2002
|
2 Bed
|
1 Bath
|
1006 ft²
|
$179,900
2 Bed
1 Bath
1006 ft²
|
$185,000
+2.83%
04/14/2003
|
Rosemary Maroney
Boardwalk Real Estate
| |
|
03/11/2002
|
2 Bed
|
1 Bath
|
1002 ft²
|
$161,000
2 Bed
1 Bath
1002 ft²
|
$161,000
04/26/2002
|
Dolores Farrell
Carlson GMAC Real Estate
| |
|
10/02/2001
|
2 Bed
|
1 Bath
|
916 ft²
|
$139,900
2 Bed
1 Bath
916 ft²
|
$139,900
12/28/2001
|
Julie Scott
Leading Edge Real Estate
| |
|
06/06/2000
|
2 Bed
|
1 Bath
|
1030 ft²
|
$140,000
2 Bed
1 Bath
1030 ft²
|
$140,000
07/10/2000
|
Robert Briggs
Coldwell Banker Residential Brokerage - Haverhill
|
Building Info
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