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Essex 01810
85 Bailey Road
$719,900
● House - Off Market

85 Bailey Road

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,944 Ft²
$998,176
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Classic well-maintained 4-Bedroom Colonial with room for the whole family in the popular High Plain-Wood Hill School District!  This spacious home has the perfect layout for all your needs:  spacious first floor with front-to-back living room, formal dining room, remodeled kitchen with pantry, front-to-back family room with lovely brick fireplace &  remodeled 1/2 bath and first-floor laundry.  Upstairs are 4 big bedrooms including the master with its private remodeled bath & walk-in closet + hall bath.  Partially finished playroom in the basement for games & hobbies.  Central air conditioning, updating heating system, hardwood floors and vinyl siding for easy-maintenance. There's even a large sunroom overlooking the new deck and firepit.  Truly a home to love!
Unit Size
2,944 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$245
Property Type
House
Property Taxes
$822
HOA Dues
-
Year Built
1980

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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 #72659203)

Price History

Date / Event Date Event Price
Jul 30, 2020 Sold
Premium
Sold
May 20, 2020 Listed by William Raveis R.E. & Home Services $719,900
Listed by William Raveis R.E. & Home Services
Jun 23, 2006 Sold
Premium
Sold
Mar 16, 2006 Listed by William Raveis R.E. & Home Services $594,900
Listed by William Raveis R.E. & Home Services
Jun 30, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 8
  • 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: 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: 1,296
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,944
  • Gross Building Area: 4,000
  • Building Area: 2,944
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,944
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • 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:00230 B:00008 L:00000
  • Block: 8
  • Municipality: ANDOVER
  • Latitude: 42.6537
  • Longitude: -71.2375

    Address

  • Full Address: 85 Bailey Rd
  • Address - House Number: 85
  • Address - Street Name: Bailey
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: R002
  • 4-Digit Zip Code: 4240
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,135,400

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,108,736
  • High Value: 1,283,866
  • Low Value: 933,606

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $831,200
  • Assessed Land Value: $457,800
  • Assessed Improvements Value: $373,400

    Sales

  • Current Sale Contract Date: Jul 16, 2020
  • Current Sale Recording Date: Jul 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19522
  • Previous Sale Recording Date: Jun 23, 2006
  • Previous Sale Amount: $586,000
  • 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

2523 ft²

Average Home Age

72.6 years

Currently For Sale

1457 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: 5 months ago
Data Source: MLS PIN, MLS# 72659203

Frequently Asked Questions

When was property at 85 Bailey Road built and last sold?
The property at 85 Bailey Road was built in 1980 and last sold on Jul 16, 2020 for $719,900.
How much is this home worth?
The estimated value of the home located at 85 Bailey Road is $748,592.
What are some comparable homes to 85 Bailey Road?
There are currently no comparable homes to 85 Bailey Road.
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