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Andover 01810
87 Elm St
Photo of 87 Elm St
Sold on May 1, 2007

1

Map

$880,000
● House - Off Market

87 Elm St

Andover, MA 01810
bedrooms
6 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,809 Ft²
$1,681,960
RealtyHop Estimate
86.91%
Since Jun 1, 2007
MA-Boston
Primary Model

About This Property

REDUCED $95,000. AUTHENTIC NEW ENGLAND GRACE WITH TODAY'S SOPHISTICATION. Living room and dining room both have FP, Kit center with granite, top of line appliances, wine refrig, 3 single drawer DW, sub zero refrig, walk in butlers pantry,bright family area.Quiet cozy Lib.  Master bed/FP/dual 2003 bath areas/jacuzzi. 3 full baths 3 more bedrooms on 2nd flr. LL has bed/rec room, bed/exercise room  and full bath plus abundant storage.There is a pool,patio and treed yard area. 3 car gar, sprinkler
Unit Size
3,809 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$236
Property Type
House
Property Taxes
$600
HOA Dues
-
Year Built
1940

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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 #70525899)

Price History

Date / Event Date Event Price
Jun 1, 2007 Sold
Premium
Sold
May 1, 2007 Sold
Premium
Sold
Feb 13, 2007 Listed $899,900
Listed
Sep 15, 2000 Sold
Premium
Sold
Aug 1, 2000 Listed $499,900
Listed
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,699
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,352
  • Total Building Area: 3,819
  • Gross Building Area: 5,008
  • Building Area: 3,819
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,819
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOSTER ACRES
  • Land Acres: 0000000261
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254200

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00021 B:00087 L:00000
  • Block: 87
  • Municipality: ANDOVER
  • Latitude: 42.6613
  • Longitude: -71.1358

    Address

  • Full Address: 87 Elm St
  • Address - House Number: 87
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C011
  • 4-Digit Zip Code: 3608
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,317,800

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,316,238
  • High Value: 1,540,820
  • Low Value: 1,091,657

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $964,700
  • Assessed Land Value: $429,500
  • Assessed Improvements Value: $535,200

    Sales

  • Current Sale Recording Date: Jun 01, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 123934
  • Previous Sale Recording Date: Sep 15, 2000
  • Previous Sale Amount: $479,000
  • 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 Andover

Stats & Trends

Median Asking:

$899,900

Sale Price/ft²

$416

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2602 ft²

Average Home Age

86.7 years

Currently For Sale

20 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# 70525899

Frequently Asked Questions

When was property at 87 Elm Street built and last sold?
The property at 87 Elm Street was built in 1940 and last sold on Jan 1, 1970 for $880,000.
How much is this home worth?
The estimated value of the home located at 87 Elm Street is $906,835.
What are some comparable homes to 87 Elm Street?
There are currently no comparable homes to 87 Elm Street.
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