$275,000
●
Condo -
Off Market
85 Millpond #85
North Andover, MA 01945
2 Beds
3 Baths,
1
Half Bath
1,542 Ft²
$698,659
RealtyHop Estimate
149.61%
Since Aug 1, 2001
MA-Boston
Primary Model
About This Property
WATER FRONT UNIT W/GREAT VIEWS. STEP DOWN LIVING ROOM W/FP AND
GLASS SLIDERS TO POND SIDE DECK. 2 BEDROOMS & LAUNDRY ON 2ND FLOOR.
3RD LEVEL LOFT. ENTRANCE PATIO WITH STORAGE RM OVER GARAGE.
NEEDS FRESH PAINT & CARPET.
Unit Size
1,542 Ft²
Days on Market
-
Land Size
-
Price per sqft
$182
Property Type
Condo
Property Taxes
$154
HOA Dues
$220
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: 4 years ago (MLSPIN #30498815)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 19, 2007 | Sold | ||
| Sold | |||
| Apr 18, 2006 | Listed | $279,900 | |
| Listed | |||
 | |||
|
Lowest Price! Waterfront Townhouse at Millpond! Unit has been Updated and Converted to GAS Heat. This Home Features 6 Rooms, 2 Bedrooms, 2.5 Baths, Living Room w/ Sliding Glass Doors to Deck, Kitchen w/ Breakfast Bar, Formal Dining Rm, Spacious Mstr Bdrm w/ Cathedral Ceiling, Walk-In Closet & Master Bathrm & 3rd Flr Loft Area w/ Spectacular Pond Views! U. Amenities: C/A, Hrdwd Flrs, Convenient Location & More! *Seller will pay assessment recruiting from maintainence study currently in process.
| |||
| Jul 31, 2001 | Sold | ||
| Sold | |||
| Apr 27, 2001 | Listed | $279,900 | |
| Listed | |||
Property Highlights
Air Conditioning
Fireplace
Interior Details
Level: First
Level: Second
Level: First
Level: Second
Level: First
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Loft
Appliances: Range, Dishwasher
Flooring Type: Carpet
Laundry Features: Second Floor
Rooms: 6
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Parking Details
Has Garage
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Millpond
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Patio and Porch Features: Patio
Lead Paint: None
Pool Features: Association
Lot Size Units: Acres
Zoning: R-4
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $140,200
Tax Annual Amount: $1,848
Utilities Details
Cooling Type: Central Air
Heating Type: Heat Pump
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Pool, Tennis Court(s), Clubroom
HOA Fee: $220
Complex is Completed
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 |
|---|---|---|---|---|---|---|---|
|
04/18/2006
|
2 Bed
|
2 Bath
|
1542 ft²
|
$279,900
2 Bed
2 Bath
1542 ft²
|
$257,067
-8.16%
01/19/2007
|
Lillian Montalto
Lillian Montalto Signature Properties
| |
|
04/27/2001
|
2 Bed
|
3 Bath
|
1542 ft²
|
$279,900
2 Bed
3 Bath
1542 ft²
|
$275,000
-1.75%
07/31/2001
|
Douglas Howe
William Raveis R.E. & Home Services
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017