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Essex 01810
9 Arrowood Lane
$530,000
● House - Off Market

9 Arrowood Lane

Andover, MA 01810
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,812 Ft²
$842,508
RealtyHop Estimate
56.05%
Since Aug 1, 2017
MA-Boston
Primary Model

About This Property

HOME WITH WATER VIEW OF FIELD POND! Enjoy this four-season vacation home located on a cul-de-sac with quick access to Rte. 125 and 93. Enjoy the peace and quiet and watch the sunrise. This home has approximately 250+/-sf of land abutting the town's waterfront and has a spectacular view of pond. Great open floor plan and is ready to make your own. Living room has hardwood floors and wood burning fireplace. Eat-in kitchen next to dining room, French sliders leading out to screened-in porch with view of the pond. Three bedrooms have hardwood floors. Master has its own bath. Main bath has pedestal sink and ceramic flooring. Lower level with family room has a fireplace and sliders to backyard. Laundry and 3/4 bath. Current owner has brought gas to the outside of home. THIS LOCATION IS A RARE FIND!!
Unit Size
1,812 Ft²
Days on Market
-
Land Size
0.66 acres
Price per sqft
$298
Property Type
House
Property Taxes
$610
HOA Dues
-
Year Built
1965

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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 #72173398)

Price History

Date / Event Date Event Price
Jul 17, 2017 Sold
Premium
Sold
May 31, 2017 Listed by William Raveis R.E. & Home Services $539,900
Listed by William Raveis R.E. & Home Services
Feb 11, 2016 Sold
Premium
Sold
Jun 24, 2015 Listed by William Raveis R.E. & Home Services $575,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 18
  • 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: 1,152
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,050
  • Total Building Area: 1,812
  • Gross Building Area: 2,528
  • Building Area: 1,812
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,812
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000667
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254302

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00067 B:00026 L:00000
  • Block: 26
  • Municipality: ANDOVER
  • Latitude: 42.6071
  • Longitude: -71.112

    Address

  • Full Address: 9 Arrowood Ln
  • Address - House Number: 9
  • Address - Street Name: Arrowood
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Andover
  • Carrier Code: C021
  • 4-Digit Zip Code: 5204
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $983,800

    Appraisal Valuation

  • Standard Deviation: 0.1543
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 844,499
  • High Value: 974,871
  • Low Value: 714,128

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $720,200
  • Assessed Land Value: $476,000
  • Assessed Improvements Value: $244,200

    Sales

  • Current Sale Recording Date: Jul 17, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17910
  • Previous Sale Recording Date: Feb 11, 2016
  • Previous Sale Amount: $530,000
  • Previous Sale Document Type: O
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# 72173398

Frequently Asked Questions

When was property at 9 Arrowood Lane built and last sold?
The property at 9 Arrowood Lane was built in 1965 and last sold on Jan 1, 1970 for $530,000.
How much is this home worth?
The estimated value of the home located at 9 Arrowood Lane is $554,920.
What are some comparable homes to 9 Arrowood Lane?
There are currently no comparable homes to 9 Arrowood Lane.
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