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Andover 01810
8 Lillian Terrace
$296,000
● House - Off Market

8 Lillian Terrace

Andover, MA 01810
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,160 Ft²
$1,310,603
RealtyHop Estimate
329.85%
Since Mar 1, 1997
MA-Boston
Primary Model

About This Property

YOUR SEARCH IS OVER! PRETTY AS A PICTURE CLASSIC COL FRESHLY PAINTED IN & OUT. FRONT-TO-BACK LR/DR W/BAY WINDOW,FIELDSTONE FP/FR, LG. EAT-INKIT, FIN LL, ENC. B/WAY W/BRICK BBQ,WOODED LOT,WALK-TO-TOWN LOCATION.
Unit Size
2,160 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$141
Property Type
House
Property Taxes
$293
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 years ago (MLSPIN #30132459)

Price History

Date / Event Date Event Price
Jan 4, 2002 Sold
Premium
Sold
Sep 10, 2001 Listed $465,000
Listed
Feb 25, 1997 Sold
Premium
Sold
Oct 16, 1996 Listed $304,900
Listed

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,080
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,072
  • Total Building Area: 2,430
  • Gross Building Area: 4,077
  • Building Area: 2,430
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,430
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LINCOLN CIRCLE
  • Land Acres: 0000000346
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254100

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00071 B:00088 L:00000
  • Block: 88
  • Municipality: ANDOVER
  • Latitude: 42.6632
  • Longitude: -71.1544

    Address

  • Full Address: 8 Lillian Ter
  • Address - House Number: 8
  • Address - Street Name: Lillian
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Andover
  • Carrier Code: C009
  • 4-Digit Zip Code: 2903
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,046,500

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 885,865
  • High Value: 1,037,015
  • Low Value: 734,716

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $766,100
  • Assessed Land Value: $425,100
  • Assessed Improvements Value: $341,000

    Sales

  • Current Sale Recording Date: Jan 04, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 25, 1997
  • Previous Sale Amount: $296,000
  • 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 Andover

Stats & Trends

Median Asking:

$889,450

Sale Price/ft²

$423

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3397 ft²

Average Home Age

75.1 years

Currently For Sale

15 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: 4 years ago
Data Source: MLS PIN, MLS# 30132459

Frequently Asked Questions

When was property at 8 Lillian Terrace built and last sold?
The property at 8 Lillian Terrace was built in 1964 and last sold on Jan 1, 1970 for $458,000.
How much is this home worth?
The estimated value of the home located at 8 Lillian Terrace is $486,129.
What are some comparable homes to 8 Lillian Terrace?
There are currently no comparable homes to 8 Lillian Terrace.
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