$372,000
●
Condo -
Off Market
81 Millpond #00
North Andover, MA 01945
2 Beds
2 Baths,
1
Half Bath
1,771 Ft²
$547,876
RealtyHop Estimate
48.11%
Since Jul 1, 2018
MA-Boston
Primary Model
About This Property
WARM AND INVITING HOME WITH GAS HEAT, CENTRAL AIR, WOOD FLOORS ON
MAIN LEVEL, FIREPLACE, AND SEASONAL VIEWS OF THE BROOK! This
private, off-street location offers a 2 car heated garage under.
Master and guest bedrooms have full baths (Master has whirlpool)
and walk-in closets. Private patio off dining room and balcony off
living room offer expanded entertaining space in warm weather. Loft
can easily be a third bedroom (has a closet), office or craft room.
For expanded entertaining, reserve the clubhouse which features
pond views, fireplace, full kitchen and plenty of room for up to 75
people. Millpond's pool is adjacent to the clubhouse and you may
bring a limited number of guests. Pets are allowed for resident
owners. Close to Town, commuter routes, trails, public beach and
walking distance to all assigned schools. This unit comes with a
one year home warranty from American Home Shield.
Unit Size
1,771 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$209
Property Type
Condo
Property Taxes
$375
HOA Dues
$475
Year Built
-
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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: 5 months ago (MLSPIN #72294295)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 1, 2018 | Sold | ||
| Sold | |||
| Mar 16, 2018 | Listed by Coldwell Banker Residential Brokerage - Andover | $369,900 | |
| Listed by Coldwell Banker Residential Brokerage - Andover | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Off Street, Under
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Closet, Loft
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Flooring Type: Wood, Tile, Laminate, Flooring - Wall to Wall Carpet
Laundry Features: Electric Dryer Hookup, Washer Hookup, Second Floor
Rooms: 6
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Exterior Details
Has Property Attached
Square Footage: 1771
Year Built Source: Public Records
Year Built: 1976
Waterfront Features: Lake/Pond, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Building Name: Millpond Townehomes
Building Area Total: 1771
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Patio - Enclosed
Pool Features: Association, In Ground
Pool is Private
Lot Size Area: 0.1
Lot Size Units: Acres
Lot Size Acres: 0.1
Lot Size Square Feet: 4400
Water Source: Public
Financial Details
Tax Assessed Value: $315,000
Tax Annual Amount: $4,498
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Road Maintenance
HOA/Condo/Coop Amenities: Pool
HOA Fee: $475
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/16/2018
|
2 Bed
|
2 Bath
|
1771 ft²
|
$369,900
2 Bed
2 Bath
1771 ft²
|
$372,000
+0.57%
06/01/2018
|
Gena Hatch
Coldwell Banker Realty - Andover
| |
|
02/29/2008
|
3 Bed
|
2 Bath
|
1771 ft²
|
$279,900
3 Bed
2 Bath
1771 ft²
|
$278,000
-0.68%
08/29/2008
|
Gena Hatch
Coldwell Banker Realty - Andover
| |
|
05/27/1999
|
2 Bed
|
3 Bath
|
1581 ft²
|
$219,900
2 Bed
3 Bath
1581 ft²
|
$219,900
07/01/1999
|
Jeannette Belben
Coldwell Banker Realty - Andover
| |
|
05/16/1997
|
2 Bed
|
3 Bath
|
1581 ft²
|
$159,900
2 Bed
3 Bath
1581 ft²
|
$156,500
-2.13%
07/28/1997
|
Shirly Platt
Re/max Preferred, Inc.
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017