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Essex 01810
9 Marie Drive
$630,000
● House - Off Market

9 Marie Drive

Andover, MA 01810
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,960 Ft²
$1,334,480
RealtyHop Estimate
108.84%
Since Jun 1, 2003
MA-Boston
Primary Model

About This Property

WALK TO TOWN, ENJOY THIS CHARMING CENTER ENTRANCE COLONIAL IN QUIET DESIRABLE NEIGHBORHOOD. HW FLOORS THROUGHOUT, 5 BR, 3 1/2 BATHS. PART FIN LL WALK-OUT TO POOL & FULL BATH. 18X18 SCR PORCH, PATIO & DECK. SEP WATER LINE FOR GARDEN & POOL.
Unit Size
2,960 Ft²
Days on Market
-
Land Size
0.78 acres
Price per sqft
$216
Property Type
House
Property Taxes
$470
HOA Dues
-
Year Built
1969

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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 #30645931)

Price History

Date / Event Date Event Price
Oct 20, 2017 Sold
Premium
Sold
May 16, 2003 Sold
Premium
Sold
Sep 12, 2002 Listed by Coldwell Banker Residential Brokerage - Andover $639,000
Listed by Coldwell Banker Residential Brokerage - Andover

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 23
  • 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: 1,480
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,999
  • Total Building Area: 3,848
  • Gross Building Area: 5,220
  • Building Area: 3,848
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,848
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK-KNOLL
  • Land Acres: 0000000781
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254302

Zoning

  • Zoning: SRB

Geography

  • Parcel: ANDO M:00005 B:00051 L:00000
  • Block: 51
  • Municipality: ANDOVER
  • Latitude: 42.6562
  • Longitude: -71.1192

    Address

  • Full Address: 9 Marie Dr
  • Address - House Number: 9
  • Address - Street Name: Marie
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Andover
  • Carrier Code: C008
  • 4-Digit Zip Code: 1903
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,162,900

    Appraisal Valuation

  • Standard Deviation: 0.2081
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 1,140,681
  • High Value: 1,378,082
  • Low Value: 903,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $851,300
  • Assessed Land Value: $427,700
  • Assessed Improvements Value: $423,600

    Sales

  • Current Sale Recording Date: Oct 20, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27561
  • Previous Sale Recording Date: May 16, 2003
  • Previous Sale Amount: $630,000
  • 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

2506 ft²

Average Home Age

73.2 years

Currently For Sale

1507 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

Unit for rent at 23 Florence, Andover, 01810

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
23 Florence, Andover, 01810 Listing by Julie Ratte

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 30645931

Frequently Asked Questions

When was property at 9 Marie Drive built and last sold?
The property at 9 Marie Drive was built in 1969 and last sold on Jan 1, 1970 for $760,000.
How much is this home worth?
The estimated value of the home located at 9 Marie Drive is $645,302.
What are some comparable homes to 9 Marie Drive?
There are currently no comparable homes to 9 Marie Drive.
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