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Essex 01810
8 Rolling Ridge Road
Photo of 8 Rolling Ridge Road
Sold on Jun 18, 2008

1

Map

$610,000
● House - Off Market

8 Rolling Ridge Road

Andover, MA 01810
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,152 Ft²
$1,280,127
RealtyHop Estimate
96.94%
Since Jul 1, 2008
MA-Boston
Primary Model

About This Property

Colonial on 2.8 acre private, wooded lot on cul-de-sac, with circular drive.  House is within walking distance to West Elementary School.  Short drive to in-town Andover and close to Routes 93 and 495.
Unit Size
3,152 Ft²
Days on Market
-
Land Size
2.86 acres
Price per sqft
$206
Property Type
House
Property Taxes
$674
HOA Dues
-
Year Built
1963

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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 #70709047)

Price History

Date / Event Date Event Price
Jun 18, 2008 Sold
Premium
Sold
Feb 7, 2008 Listed $650,000
Listed
Nov 9, 2007 Sold
Premium
Sold
Sep 21, 2007 Listed $628,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,951
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 125,017
  • Total Building Area: 4,778
  • Gross Building Area: 6,502
  • Building Area: 4,778
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,778
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002870
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254401

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00108 B:00057 L:00000
  • Block: 57
  • Municipality: ANDOVER
  • Latitude: 42.6624
  • Longitude: -71.1757

    Address

  • Full Address: 8 Rolling Ridge Rd
  • Address - House Number: 8
  • Address - Street Name: Rolling Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: C023
  • 4-Digit Zip Code: 3360
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,476,400

    Appraisal Valuation

  • Standard Deviation: 0.1551
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,247,553
  • High Value: 1,441,070
  • Low Value: 1,054,035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,080,800
  • Assessed Land Value: $556,300
  • Assessed Improvements Value: $524,500

    Sales

  • Current Sale Recording Date: Jun 18, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 16150
  • Previous Sale Recording Date: Nov 09, 2007
  • Previous Sale Amount: $628,900
  • 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

2506 ft²

Average Home Age

73.2 years

Currently For Sale

1507 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: 5 months ago
Data Source: MLS PIN, MLS# 70709047

Frequently Asked Questions

When was property at 8 Rolling Ridge Road built and last sold?
The property at 8 Rolling Ridge Road was built in 1963 and last sold on Jan 1, 1970 for $610,000.
How much is this home worth?
The estimated value of the home located at 8 Rolling Ridge Road is $654,924.
What are some comparable homes to 8 Rolling Ridge Road?
There are currently no comparable homes to 8 Rolling Ridge Road.
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