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Essex 01810
87 Chandler Rd
$440,000
● House - Off Market

87 Chandler Rd

Andover, MA 01810
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,308 Ft²
$646,800
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

THIS CHARMING 3 BEDROOM RANCH IS LOCATED IN AN IDEAL LOCATION. Close to Highways, Schools, Train Station, and Downtown Andover! The Kitchen Boasts Beautiful Cabinets, Granite Counter-tops, and a pantry! The Sunny Family Room home to a Wood Fireplace that will add an extra layer of heat in the cold winter months. Kick back and Relax as you enjoy the Sunny Days of the Summer in the Private Backyard! THIS HOME IS NOT A DRIVE-BY!
Unit Size
1,308 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$336
Property Type
House
Property Taxes
$464
HOA Dues
-
Year Built
1956

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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: 4 months ago (MLSPIN #72475593)

Price History

Date / Event Date Event Price
Jun 7, 2019 Sold
Premium
Sold
Apr 3, 2019 Listed by Lillian Montalto Signature Properties $440,000
Listed by Lillian Montalto Signature Properties
Apr 13, 2010 Sold
Premium
Sold
Aug 8, 2009 Listed by Lillian Montalto Signature Properties $339,900
Listed by Lillian Montalto Signature Properties
Oct 31, 2007 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,028
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,450
  • Total Building Area: 1,308
  • Gross Building Area: 2,336
  • Building Area: 1,308
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,308
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRIANGLE PARK
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00129 B:00009 L:00000
  • Block: 9
  • Municipality: ANDOVER
  • Latitude: 42.674
  • Longitude: -71.1858

    Address

  • Full Address: 87 Chandler Rd
  • Address - House Number: 87
  • Address - Street Name: Chandler
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: C023
  • 4-Digit Zip Code: 1210
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $682,200

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 658,374
  • High Value: 764,631
  • Low Value: 552,117

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $499,400
  • Assessed Land Value: $309,000
  • Assessed Improvements Value: $190,400

    Sales

  • Current Sale Contract Date: Apr 18, 2019
  • Current Sale Recording Date: Jun 07, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12781
  • Previous Sale Recording Date: Apr 13, 2010
  • Previous Sale Amount: $330,000
  • 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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: 4 months ago
Data Source: MLS PIN, MLS# 72475593

Frequently Asked Questions

When was property at 87 Chandler Road built and last sold?
The property at 87 Chandler Road was built in 1956 and last sold on Apr 18, 2019 for $440,000.
How much is this home worth?
The estimated value of the home located at 87 Chandler Road is $444,891.
What are some comparable homes to 87 Chandler Road?
There are currently no comparable homes to 87 Chandler Road.
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