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Essex 01810
8 Matthew Street
$447,000
● House - Off Market

8 Matthew Street

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,700 Ft²
$1,104,889
RealtyHop Estimate
151.17%
Since Jul 1, 2002
National-US
Primary Model

About This Property

WONDERFUL, FRESH & SPARKLING COL AT END OF CUL-DE-SAC IN NEW CROSS SCH AREA. ON LOVELY, FLAT LOT, HSE FEATURES LR W/FP, NICE-SIZED DR, TILED KIT. FLR W/ADJACENT FM RM.  HWF THROUGHOUT. 4 CORNER BRMS. A MUST SEE!FR
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.84 acres
Price per sqft
$259
Property Type
House
Property Taxes
$327
HOA Dues
-
Year Built
1970

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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: 6 months ago (MLSPIN #30597308)

Price History

Date / Event Date Event Price
May 16, 2017 Sold
Premium
Sold
Jul 1, 2002 Sold
Premium
Sold
Apr 12, 2002 Listed by Coldwell Banker Residential Brokerage - Andover $439,900
Listed by Coldwell Banker Residential Brokerage - Andover
Feb 21, 1997 Sold
Premium
Sold
Oct 10, 1996 Listed $259,900
Listed
SET ON ONE OF ANDOVER'S MOST BEAUT WOODED LOTS. METICULOUS MAINTAINED 8 RM COL, GLEAMING HWD FLS, FPL LR, FORMAL DR, TILED FAM RM & KIT, 4 NICE BEDS, 2 CAR GAR, END OF LOVELY CUL-DE-SAC. TOWN SEWER!

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,388
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,429
  • Total Building Area: 3,112
  • Gross Building Area: 4,994
  • Building Area: 3,112
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,112
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH CENTER ACRES
  • Land Acres: 0000000836
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254402

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00129 B:00020 L:00000
  • Block: 20
  • Municipality: ANDOVER
  • Latitude: 42.6758
  • Longitude: -71.1883

    Address

  • Full Address: 8 Matthew St
  • Address - House Number: 8
  • Address - Street Name: Matthew
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C013
  • 4-Digit Zip Code: 1104
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $991,900

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 935,243
  • High Value: 1,094,258
  • Low Value: 776,227

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $726,100
  • Assessed Land Value: $365,900
  • Assessed Improvements Value: $360,200

    Sales

  • Current Sale Recording Date: May 16, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12091
  • Previous Sale Recording Date: Jul 01, 2002
  • Previous Sale Amount: $477,000
  • 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

2501 ft²

Average Home Age

73.3 years

Currently For Sale

1412 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

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 30597308

Frequently Asked Questions

When was property at 8 Matthew Street built and last sold?
The property at 8 Matthew Street was built in 1970 and last sold on Jan 1, 1970 for $629,000.
How much is this home worth?
The estimated value of the home located at 8 Matthew Street is $458,012.
What are some comparable homes to 8 Matthew Street?
There are currently no comparable homes to 8 Matthew Street.
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