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Essex 01810
8 Harvard Rd
$485,000
● House - Off Market

8 Harvard Rd

Andover, MA 01810
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,716 Ft²
$629,528
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

8 HARVARD ROAD IS A WELL BUILT, OVER-SIZED, 3 BEDROOM RANCH IN THE BEAUTIFUL NEIGHBORHOOD OF SHAWSHEEN HEIGHTS. This comfortable and sun-drenched home offers a welcoming family room with front and back sliders, pleasant eat -in kitchen with oak cabinetry, spacious Dining room with built in cabinet, generous living room with fireplace and picture window, 3 ample sized bedrooms and 2 full baths and plentiful closets. The lower level offers a large tile floor bonus room, ideal for crafts, games or workout! Brilliant hardwoods throughout the main floor, newer oversized windows, A/C, radon remediation, new roof, 2 car garage and large flat yard are all an added PLUS!  A MUST SEE FOR SURE!
Unit Size
1,716 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$262
Property Type
House
Property Taxes
$587
HOA Dues
-
Year Built
1956

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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: 4 months ago (MLSPIN #72645164)

Price History

Date / Event Date Event Price
Jun 10, 2020 Sold
Premium
Sold
Apr 17, 2020 Listed by Coldwell Banker Residential Brokerage - Andover $449,000
Listed by Coldwell Banker Residential Brokerage - Andover
Mar 10, 2008 Sold
Premium
Sold
Aug 21, 2007 Listed by Coldwell Banker Residential Brokerage - Andover $439,900
Listed by Coldwell Banker Residential Brokerage - Andover

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,500
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,372
  • Total Building Area: 2,025
  • Gross Building Area: 3,870
  • Building Area: 2,025
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,025
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000353
  • 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:00068 B:00014 L:00000
  • Block: 14
  • Municipality: ANDOVER
  • Latitude: 42.6759
  • Longitude: -71.1619

    Address

  • Full Address: 8 Harvard Rd
  • Address - House Number: 8
  • Address - Street Name: Harvard
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: C010
  • 4-Digit Zip Code: 2520
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $833,700

    Appraisal Valuation

  • Standard Deviation: 0.1812
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 673,587
  • High Value: 795,684
  • Low Value: 551,491

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $610,300
  • Assessed Land Value: $368,900
  • Assessed Improvements Value: $241,400

    Sales

  • Current Sale Contract Date: Jun 09, 2020
  • Current Sale Recording Date: Jun 10, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13862
  • Previous Sale Recording Date: Mar 10, 2008
  • Previous Sale Amount: $431,000
  • 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72645164

Frequently Asked Questions

When was property at 8 Harvard Road built and last sold?
The property at 8 Harvard Road was built in 1956 and last sold on Jun 9, 2020 for $485,000.
How much is this home worth?
The estimated value of the home located at 8 Harvard Road is $466,986.
What are some comparable homes to 8 Harvard Road?
There are currently no comparable homes to 8 Harvard Road.
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