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Essex 01810
9 Ayer Street
$655,000
● House - Off Market

9 Ayer Street

Andover, MA 01810
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,596 Ft²
$600,906
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Looking for some Pride of Ownership? Look no further than this well maintained Hip-Roof Ranch with 1-car garage, located in desirable Shawsheen Heights neighborhood section of Andover. Featuring 3 bedrooms with hardwood along with an oversized almost 20' living room, pristine eat-in-kitchen and one full bath plus a 1/4 bath (shower + toilet) in lower level which offers good sized work area, laundry area with double sink and storage galore. Professionally maintained landscaping, easy access to 495, 93 and less than a mile to downtown, makes this quiet, privately-owned section of Ayer Street wonderful place to call home!
Unit Size
1,596 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$376
Property Type
House
Property Taxes
$674
HOA Dues
-
Year Built
1960

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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: 4 months ago (MLSPIN #73111704)

Price History

Date / Event Date Event Price
Jun 29, 2023 Sold
Premium
Sold
May 24, 2023 In contract -
In contract
May 16, 2023 Listed by Berkshire Hathaway HomeServices Verani Realty $599,900
Listed by Berkshire Hathaway HomeServices Verani Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,040
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,001
  • Total Building Area: 1,596
  • Gross Building Area: 2,260
  • Building Area: 1,596
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,596
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000276
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254100

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00051 B:00206 L:00000
  • Block: 206
  • Municipality: ANDOVER
  • Latitude: 42.6756
  • Longitude: -71.1569

    Address

  • Full Address: 9 Ayer St
  • Address - House Number: 9
  • Address - Street Name: Ayer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Andover
  • Carrier Code: C010
  • 4-Digit Zip Code: 2560
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $808,400

    Appraisal Valuation

  • Standard Deviation: 0.1614
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 673,811
  • High Value: 782,573
  • Low Value: 565,048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $591,800
  • Assessed Land Value: $392,400
  • Assessed Improvements Value: $199,400

    Sales

  • Current Sale Contract Date: Jun 29, 2023
  • Current Sale Recording Date: Jun 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10154
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

2550 ft²

Average Home Age

72.5 years

Currently For Sale

1480 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# 73111704

Frequently Asked Questions

When was property at 9 Ayer Street built and last sold?
The property at 9 Ayer Street was built in 1960 and last sold on Jun 29, 2023 for $655,000.
How much is this home worth?
The estimated value of the home located at 9 Ayer Street is $613,151.
What are some comparable homes to 9 Ayer Street?
There are currently no comparable homes to 9 Ayer Street.
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