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Andover 01810
9 Foster Circle
$491,000
● House - Off Market

9 Foster Circle

Andover, MA 01810
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,216 Ft²
$620,603
RealtyHop Estimate
26.91%
Since Jan 1, 2021
MA-Boston
Primary Model

About This Property

Attention all Empty Nesters and First Time Home Buyers. Opportunity Knocks! Bring your vision to unlock the potential value for this Downtown Property. This 2 bedroom 1 bath ranch has a newer roof, furnace, and hot water tank, Interior needs major renovations yet once upgraded you have created significant value. It's a quick stroll to downtown restaurants, shops, library, and commuter rail. Enjoy summer band concerts in the nearby town park. This property is being sold "AS IS".
Unit Size
1,216 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$402
Property Type
House
Property Taxes
$593
HOA Dues
-
Year Built
1942

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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 years ago (MLSPIN #72751610)

Price History

Date / Event Date Event Price
Dec 21, 2020 Sold
Premium
Sold
Nov 2, 2020 Listed by Keller Williams Realty $489,000
Listed by Keller Williams Realty
Oct 6, 1977 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,008
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,252
  • Total Building Area: 1,216
  • Gross Building Area: 2,288
  • Building Area: 1,216
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,216
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000212
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254200

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00021 B:00039 L:00000
  • Block: 39
  • Municipality: ANDOVER
  • Latitude: 42.6607
  • Longitude: -71.1354

    Address

  • Full Address: 9 Foster Cir
  • Address - House Number: 9
  • Address - Street Name: Foster
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Andover
  • Carrier Code: C002
  • 4-Digit Zip Code: 3612
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $831,200

    Appraisal Valuation

  • Standard Deviation: 0.1854
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 735,803
  • High Value: 872,279
  • Low Value: 599,326

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $608,500
  • Assessed Land Value: $422,500
  • Assessed Improvements Value: $186,000

    Sales

  • Current Sale Contract Date: Dec 21, 2020
  • Current Sale Recording Date: Dec 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 36728
  • Previous Sale Recording Date: Oct 06, 1977
  • Previous Sale Amount: $37,500
  • 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 Andover

Stats & Trends

Median Asking:

$899,900

Sale Price/ft²

$416

Below Asking

0.01%

Average Days on Market

52

Average Home Size

3075 ft²

Average Home Age

81.3 years

Currently For Sale

19 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: 5 years ago
Data Source: MLS PIN, MLS# 72751610

Frequently Asked Questions

When was property at 9 Foster Circle built and last sold?
The property at 9 Foster Circle was built in 1942 and last sold on Dec 21, 2020 for $491,000.
How much is this home worth?
The estimated value of the home located at 9 Foster Circle is $493,949.
What are some comparable homes to 9 Foster Circle?
There are currently no comparable homes to 9 Foster Circle.
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