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Essex 01810
89 Chandler Rd
$500,000
● House - Off Market

89 Chandler Rd

Andover, MA 01810
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,296 Ft²
$502,733
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Charming ranch home set on a picturesque knoll in the High Plain/Wood Hill School District. The flexible layout with a partially finished lower level allows for 3 bedrooms or a nice office or den. Hardwood flooring in the kitchen, living room and main level bedrooms. Screened porch to enjoy summer breezes. One car garage keeps the snow off your car. Easy access to town, schools, commuter rail and highways. A wonderful opportunity to move into Andover and take advantage of the great school system and town amenities. Recent updates include new roof in 2021, new water heater 2020, and new boiler 2019. Wonderful opportunity for a downsizer or first time buyer!
Unit Size
1,296 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$366
Property Type
House
Property Taxes
$495
HOA Dues
-
Year Built
1958

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Cap Rate Calculator

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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 #73062445)

Price History

Date / Event Date Event Price
Jan 26, 2023 Sold
Premium
Sold
Dec 6, 2022 In contract -
In contract
Dec 2, 2022 Listed by RE/MAX Partners $474,900
Listed by RE/MAX Partners
Nov 29, 2004 Sold
Premium
Sold
Sep 24, 2004 Listed by RE/MAX Partners $334,900
Listed by RE/MAX Partners
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • 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: 864
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,912
  • Total Building Area: 864
  • Gross Building Area: 1,850
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 864
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000205
  • 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:00008 L:00000
  • Block: 8
  • Municipality: ANDOVER
  • Latitude: 42.6739
  • Longitude: -71.1861

    Address

  • Full Address: 89 Chandler Rd
  • Address - House Number: 89
  • 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: $641,300

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 549,320
  • High Value: 645,798
  • Low Value: 452,842

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $469,500
  • Assessed Land Value: $304,800
  • Assessed Improvements Value: $164,700

    Sales

  • Current Sale Contract Date: Jan 26, 2023
  • Current Sale Recording Date: Jan 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1260
  • Previous Sale Recording Date: Jul 11, 2016
  • 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

72.3 years

Currently For Sale

1497 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: 5 months ago
Data Source: MLS PIN, MLS# 73062445

Frequently Asked Questions

When was property at 89 Chandler Road built and last sold?
The property at 89 Chandler Road was built in 1958 and last sold on Jan 26, 2023 for $500,000.
How much is this home worth?
The estimated value of the home located at 89 Chandler Road is $485,099.
What are some comparable homes to 89 Chandler Road?
There are currently no comparable homes to 89 Chandler Road.
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