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Essex 01810
9 Coventry Lane
$1,260,000
● House - Off Market

9 Coventry Lane

Andover, MA 01810
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,650 Ft²
$2,330,490
RealtyHop Estimate
79.96%
Since Jun 1, 2006
MA-Boston
Primary Model

About This Property

Gracious 12 room Colonial meticulously maintained, set on over an acre of beautiful land in a great cul-de-sac neighborhood.  Light & bright, featuring an elegant marble foyer with circular bridal staircase.  Hardwood throughout.  Library w/cherry built-ins & family room w/warm stone FP opening to inviting sun room.  The great room area includes a 5th bedroom plus full bath.  A tray ceiling master with jacuzzi tub & walk-in closet plus 3 additional generous bedrooms round out this elegant home.
Unit Size
4,650 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$278
Property Type
House
Property Taxes
$951
HOA Dues
-
Year Built
1994

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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 #70338526)

Price History

Date / Event Date Event Price
May 1, 2006 Sold
Premium
Sold
Feb 28, 2006 Listed by Prudential Howe & Doherty $1,295,000
Listed by Prudential Howe & Doherty
Jul 29, 1994 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,026
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,886
  • Total Building Area: 5,914
  • Gross Building Area: 8,273
  • Building Area: 5,914
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,914
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001099
  • 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:00028 B:00006 L:0000K
  • Block: 6
  • Lot: K
  • Municipality: ANDOVER
  • Latitude: 42.63
  • Longitude: -71.1093

    Address

  • Full Address: 9 Coventry Ln
  • Address - House Number: 9
  • Address - Street Name: Coventry
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Andover
  • Carrier Code: C016
  • 4-Digit Zip Code: 2235
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,106,800

    Appraisal Valuation

  • Standard Deviation: 0.1551
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,906,879
  • High Value: 2,202,669
  • Low Value: 1,611,088

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,542,300
  • Assessed Land Value: $603,500
  • Assessed Improvements Value: $938,800

    Sales

  • Current Sale Recording Date: May 01, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 14328
  • Previous Sale Recording Date: Jul 29, 1994
  • Previous Sale Amount: $618,000
  • 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

2546 ft²

Average Home Age

73.2 years

Currently For Sale

1483 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# 70338526

Frequently Asked Questions

When was property at 9 Coventry Lane built and last sold?
The property at 9 Coventry Lane was built in 1994 and last sold on Jan 1, 1970 for $1,260,000.
How much is this home worth?
The estimated value of the home located at 9 Coventry Lane is $1,306,401.
What are some comparable homes to 9 Coventry Lane?
There are currently no comparable homes to 9 Coventry Lane.
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