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Essex 01810
8 Hemlock Road
Photo of 8 Hemlock Road
Sold on Dec 20, 2006

1

Map

$420,000
● House - Off Market

8 Hemlock Road

Andover, MA 01810
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,920 Ft²
$817,829
RealtyHop Estimate
90.24%
Since Jan 1, 2007
MA-Boston
Primary Model

About This Property

LOCATION, LOCATION, LOCATION! Well cared for, light and bright home.  Fabulous neighborhood.   Great for long walks and bike rides.  Play volleyball or football in your expansive, level backyard.  Square footage includes unfinished family room in lower level.  Exterior just painted.  Close to town, highways and award-winning Sanborn School.
Unit Size
1,920 Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$224
Property Type
House
Property Taxes
$419
HOA Dues
-
Year Built
1964

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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: 4 months ago (MLSPIN #70362635)

Price History

Date / Event Date Event Price
Dec 20, 2006 Sold
Premium
Sold
Apr 6, 2006 Listed $429,900
Listed

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,248
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,000
  • Total Building Area: 1,920
  • Gross Building Area: 2,680
  • Building Area: 1,920
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,920
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROLLING GREEN SEC 03 SHEET 02
  • Land Acres: 0000000689
  • 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:00111 B:00081 L:00000
  • Block: 81
  • Municipality: ANDOVER
  • Latitude: 42.6488
  • Longitude: -71.1713

    Address

  • Full Address: 8 Hemlock Rd
  • Address - House Number: 8
  • Address - Street Name: Hemlock
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: C012
  • 4-Digit Zip Code: 4603
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $875,200

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 775,047
  • High Value: 907,269
  • Low Value: 642,826

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $640,700
  • Assessed Land Value: $415,100
  • Assessed Improvements Value: $225,600

    Sales

  • Current Sale Recording Date: Dec 20, 2006
  • Current Sale Price:
    Premium
  • Current 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

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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: 4 months ago
Data Source: MLS PIN, MLS# 70362635

Frequently Asked Questions

When was property at 8 Hemlock Road built and last sold?
The property at 8 Hemlock Road was built in 1964 and last sold on Jan 1, 1970 for $420,000.
How much is this home worth?
The estimated value of the home located at 8 Hemlock Road is $451,987.
What are some comparable homes to 8 Hemlock Road?
There are currently no comparable homes to 8 Hemlock Road.
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