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Essex 01810
9 Durham Dr
$915,000
● House - Off Market

9 Durham Dr

Andover, MA 01810
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,391 Ft²
$2,175,306
RealtyHop Estimate
117.55%
Since Apr 1, 2012
MA-Boston
Primary Model

About This Property

Stunning Custom Built Victorian in desirable Indian Ridge CC neighborhood. This home features lg E-I-K, living/dining rm combination plus library & media rooms. Upstairs you'll find 4 spacious bdrms including master suite w/ fireplace, private balcony & exercise room plus 3 full baths. The front porch is ideal for relaxing at the end of the day & overlooks a circular driveway & specimen plantings. The rear lot is private, level & includes 3 car heated garage. Quality home in convenient location!
Unit Size
4,391 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$228
Property Type
House
Property Taxes
$1,088
HOA Dues
-
Year Built
1993

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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 #71219809)

Price History

Date / Event Date Event Price
Mar 23, 2012 Sold
Premium
Sold
Apr 21, 2011 Listed by RE/MAX Partners $999,900
Listed by RE/MAX Partners
Jan 10, 2001 Sold
Premium
Sold
Nov 3, 2000 Listed by RE/MAX Partners $1,250,000
Listed by RE/MAX Partners

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • 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: 2,254
  • Garage Type: 17
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,116
  • Total Building Area: 4,842
  • Gross Building Area: 8,700
  • Building Area: 4,842
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,842
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATSON FARM ESTATES
  • Land Acres: 0000000829
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254403

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00114 B:00001 L:0000J
  • Block: 1
  • Lot: J
  • Municipality: ANDOVER
  • Latitude: 42.6364
  • Longitude: -71.1673

    Address

  • Full Address: 9 Durham Dr
  • Address - House Number: 9
  • Address - Street Name: Durham
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Andover
  • Carrier Code: C012
  • 4-Digit Zip Code: 5500
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,780,000

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,637,899
  • High Value: 1,917,364
  • Low Value: 1,358,435

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,303,100
  • Assessed Land Value: $571,100
  • Assessed Improvements Value: $732,000

    Sales

  • Current Sale Recording Date: Mar 23, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Jan 10, 2001
  • Previous Sale Amount: $1,250,000
  • 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

2532 ft²

Average Home Age

73 years

Currently For Sale

1479 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# 71219809

Frequently Asked Questions

When was property at 9 Durham Drive built and last sold?
The property at 9 Durham Drive was built in 1993 and last sold on Jan 1, 1970 for $915,000.
How much is this home worth?
The estimated value of the home located at 9 Durham Drive is $1,049,295.
What are some comparable homes to 9 Durham Drive?
There are currently no comparable homes to 9 Durham Drive.
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