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Essex 01810
8 Crestwood Drive
$660,000
● House - Off Market

8 Crestwood Drive

Andover, MA 01810
bedrooms
3 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
1,590 Ft²
$698,890
RealtyHop Estimate
16.48%
Since Jun 1, 2021
MA-Boston
Primary Model

About This Property

This meticulously maintained Colonial on Sanborn School cul-de-sac boasts three bedrooms, two half and one full bathroom on a large level lot of .77 acre. The second floor primary bedroom has a walk-in closet and attached half bath. Full bathroom and two spacious bedrooms complete the air-conditioned upstairs. The first floor has a formal dining room, formal living room, kitchen overlooking serene backyard, half bath and sunken family room with back deck and garage access. Furnace new in 2018, oil tank new in 2016, roof was replaced in 2007 and second floor A/C was installed in 2012.
Unit Size
1,590 Ft²
Days on Market
-
Land Size
0.77 acres
Price per sqft
$377
Property Type
House
Property Taxes
$702
HOA Dues
-
Year Built
1966

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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: 5 years ago (MLSPIN #72812816)

Price History

Date / Event Date Event Price
May 13, 2021 Sold
Premium
Sold
Apr 12, 2021 Listed by Coldwell Banker Realty - Andover $600,000
Listed by Coldwell Banker Realty - Andover
Jan 19, 1979 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 660
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,519
  • Total Building Area: 1,590
  • Gross Building Area: 2,978
  • Building Area: 1,590
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,590
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000769
  • 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:00136 B:00045 L:00000
  • Block: 45
  • Municipality: ANDOVER
  • Latitude: 42.6351
  • Longitude: -71.1691

    Address

  • Full Address: 8 Crestwood Dr
  • Address - House Number: 8
  • Address - Street Name: Crestwood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Andover
  • Carrier Code: C012
  • 4-Digit Zip Code: 5515
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $939,800

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 808,703
  • High Value: 946,666
  • Low Value: 670,740

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $688,000
  • Assessed Land Value: $426,200
  • Assessed Improvements Value: $261,800

    Sales

  • Current Sale Contract Date: May 13, 2021
  • Current Sale Recording Date: May 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16086
  • Previous Sale Recording Date: Jan 19, 1979
  • Previous Sale Amount: $74,800
  • 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72812816

Frequently Asked Questions

When was property at 8 Crestwood Drive built and last sold?
The property at 8 Crestwood Drive was built in 1966 and last sold on May 13, 2021 for $660,000.
How much is this home worth?
The estimated value of the home located at 8 Crestwood Drive is $613,853.
What are some comparable homes to 8 Crestwood Drive?
There are currently no comparable homes to 8 Crestwood Drive.
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