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Essex 01810
8 George Street
$550,000
● House - Off Market

8 George Street

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,014 Ft²
$1,027,841
RealtyHop Estimate
86.91%
Since Jun 1, 2014
National-US
Primary Model

About This Property

OH Apr. 6th 1-3 PERFECTION HAS AN ADDRESS.  Just move right in; all the updates are done.  Step into this charming cape and you will know you are home. Note the open SS kit./DR, LR with Firepl., Sunrm with travertine tile and new windows, well proportioned bedrms., updated baths, 2nd floor master bedrm with WIC and built ins, adjacent 3/4 tiled bath, and L-shaped bedroom currently used as office. Note the newer roof, newer 1.5 car det. gar.,gorgeous fenced backyard with newer patio, trex deck with built in Hot tub, perennials, new front walk and front door.  The LL offers a family/media room plus an additional multipurpose room and a workshop.  Great location close to highways, commuter rail,shopping and Town Ctr. Friendly nbhd with annual block party completes this picture perfect home.
Unit Size
2,014 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$273
Property Type
House
Property Taxes
$529
HOA Dues
-
Year Built
1937

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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 months ago (MLSPIN #71654564)

Price History

Date / Event Date Event Price
May 30, 2014 Sold
Premium
Sold
Apr 3, 2014 Listed by William Raveis R.E. & Home Services $549,900
Listed by William Raveis R.E. & Home Services
Nov 30, 2006 Sold
Premium
Sold
Sep 29, 2006 Listed by William Raveis R.E. & Home Services $509,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,036
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,093
  • Total Building Area: 1,849
  • Gross Building Area: 3,780
  • Building Area: 1,849
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,849
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHAWSHEEN HEIGHTS
  • Land Acres: 0000000232
  • 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:00051 B:00238 L:00000
  • Block: 238
  • Municipality: ANDOVER
  • Latitude: 42.6755
  • Longitude: -71.1604

    Address

  • Full Address: 8 George St
  • Address - House Number: 8
  • Address - Street Name: George
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C010
  • 4-Digit Zip Code: 2518
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $844,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 78
  • Final Value: 771,346
  • High Value: 902,009
  • Low Value: 640,682

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $618,400
  • Assessed Land Value: $352,300
  • Assessed Improvements Value: $266,100

    Sales

  • Current Sale Recording Date: May 30, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11087
  • Previous Sale Recording Date: Nov 30, 2006
  • Previous Sale Amount: $495,000
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2550 ft²

Average Home Age

72.4 years

Currently For Sale

1469 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# 71654564

Frequently Asked Questions

When was property at 8 George Street built and last sold?
The property at 8 George Street was built in 1937 and last sold on Jan 1, 1970 for $550,000.
How much is this home worth?
The estimated value of the home located at 8 George Street is $564,853.
What are some comparable homes to 8 George Street?
There are currently no comparable homes to 8 George Street.
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