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Essex 01810
9 Fairway Drive
Photo of 9 Fairway Drive
Sold on Oct 10, 2006

1

Map

$1,545,000
● House - Off Market

9 Fairway Drive

Andover, MA 01810
bedrooms
6 Beds
bathrooms
6 Baths, 2 Half Baths
square feet
7,500 Ft²
$2,958,498
RealtyHop Estimate
85.50%
Since Nov 1, 2006
MA-Boston
Primary Model

About This Property

Spectacular Colonial Near Indian Ridge Country Club! This Home Features 15 Rms, 6 Bedrm Sts, 6 F & 2 H Bths,2 Story Foyer, LRm w/ Frplce, Formal DRm w/ Cafe Drs; Gourmet Kitchen w/ Center Island, Cherry Cabinets, Granite Counters, New SS App.,Dining Area; Library w/ 20ft. Ceiling, Frplc & Built-In Bookcases,with Ladder; 1st Floor Study w/ Frplc; Mstr Bdrm Ste w/ Frplc, 2 W-I Closets, Office &  Mstr Bt.; 5 Add. Bdrm Stes., 2nd Flr FRm, Brick Patio, Fnshd 3rd Lvl,SecSys, Intrcm Sys & Much More!
Unit Size
7,500 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$213
Property Type
House
Property Taxes
$1,375
HOA Dues
-
Year Built
1989

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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 #70311172)

Price History

Date / Event Date Event Price
Oct 10, 2006 Sold
Premium
Sold
Jan 6, 2006 Listed $1,594,900
Listed
Aug 27, 1999 Sold
Premium
Sold
Feb 22, 1999 Listed $1,150,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 6
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,498
  • Total Building Area: 7,367
  • Gross Building Area: 10,904
  • Building Area: 7,367
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 7,367
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000723
  • 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:00134 B:00012 L:0000G
  • Block: 12
  • Lot: G
  • Municipality: ANDOVER
  • Latitude: 42.6441
  • Longitude: -71.1751

    Address

  • Full Address: 9 Fairway Dr
  • Address - House Number: 9
  • Address - Street Name: Fairway
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Andover
  • Carrier Code: C012
  • 4-Digit Zip Code: 4640
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,459,800

    Appraisal Valuation

  • Standard Deviation: 0.1551
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 2,376,278
  • High Value: 2,744,880
  • Low Value: 2,007,675

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,800,700
  • Assessed Land Value: $416,600
  • Assessed Improvements Value: $1,384,100

    Sales

  • Current Sale Recording Date: Oct 10, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 27, 1999
  • Previous Sale Amount: $1,030,000
  • 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70311172

Frequently Asked Questions

When was property at 9 Fairway Drive built and last sold?
The property at 9 Fairway Drive was built in 1989 and last sold on Jan 1, 1970 for $1,545,000.
How much is this home worth?
The estimated value of the home located at 9 Fairway Drive is $1,588,190.
What are some comparable homes to 9 Fairway Drive?
There are currently no comparable homes to 9 Fairway Drive.
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