$347,000
●
Condo -
Off Market
9 Michael Way #9
Andover, MA 01810
2 Beds
2 Baths,
1
Half Bath
1,688 Ft²
$629,613
RealtyHop Estimate
73.49%
Since Aug 1, 2015
MA-Boston
Primary Model
About This Property
End unit at Abbot's Pond! Spotless, contemporary townhouse with
newer granite kitchen, lots of hardwood and 4 floors of living
space. Central location is a commuter's dream with super
convenience to train and highways. First floor features kitchen
with maple cabinets, granite counters, brand new range and new
fridge, breakfast bar and eating area. Living room has hardwood
floors and French doors which open to the deck. Lower level is the
carpeted family room and a separate storage/utility room. Second
floor contains the cathedral ceiling master bedroom, loft and the
second bedroom which is very large. Brand new hot water
heater.
Unit Size
1,688 Ft²
Days on Market
-
Land Size
-
Price per sqft
$215
Property Type
Condo
Property Taxes
$365
HOA Dues
$371
Year Built
1988
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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 #71851861)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 5, 2023 | Sold | ||
| Sold | |||
| Nov 15, 2022 | In contract | - | |
| In contract | |||
| Oct 14, 2022 | Listed by RE/MAX Partners | $489,900 | |
| Listed by RE/MAX Partners | |||
| | |||
|
Spacious end unit at Abbott's Pond with 4 levels of living providing flexible space for living, entertaining, and working from home. Contemporary feel with lots of hardwood this unit features an updated kitchen with granite counters, maple cabinets, peninsula and dining area plus a living room with French doors to a private deck. The primary bedroom has a vaulted ceiling adding a light and airy feel and a walk-in closet, and is adjacent to a second good sized bedroom and full bath. The bonus loft is a cheery spot for working or relaxing. The finished lower level has abundant natural light and makes for a great third bedroom, guest room or nice spot to unwind and hang out with friends and family. Enjoy the community club room and nearby recreational trails while not worrying about landscaping and snow removal. Great location close to town, commuter rail, highway access and recreational trails, this is a fantastic opportunity to live in a vibrant town with a great school system.
| |||
| Jul 16, 2015 | Sold | ||
| Sold | |||
| Jun 5, 2015 | Listed by William Raveis R.E. & Home Services | $362,900 | |
| Listed by William Raveis R.E. & Home Services | |||
Show More
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: First
Width: 18
Length: 10
Features: Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Stainless Steel Appliances
Area: 180
Level: Second
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Level: Second
Features: Flooring - Hardwood
Width: 16
Length: 12
Area: 192
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
Level: First
Length: 16
Level: First
Area: 224
Features: Flooring - Hardwood, Balcony / Deck
Width: 14
Length: 16
Level: Basement
Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet
Width: 14
Area: 224
Features: Cathedral Ceiling(s), Walk-In Closet(s), Flooring - Hardwood
Level: Second
Length: 14
Width: 16
Area: 224
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Loft
Appliances: Range, Dishwasher, Microwave, Refrigerator, Electric Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Flooring - Wall to Wall Carpet
Laundry Features: In Basement, In Building, Washer Hookup
Rooms: 6
Basement: Y
Parking Details
Parking Features: Off Street, Common
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Abbot Pond
Structure Type: Townhouse
Stories (Total): 4
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: None
Lot Size Units: Acres
Zoning: SRB
Parcel Number: M:00093 B:00004 L:00041, 1841584
Water Source: Public
Financial Details
Tax Assessed Value: $292,800
Tax Annual Amount: $4,383
Utilities Details
Utilities: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Recreation Facilities, Clubroom
Association Fee Frequency: Monthly
HOA Fee: $371
Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School, T-Station
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/19/2025
|
3 Bed
|
1 Bath
|
2043 ft²
|
$599,900
3 Bed
1 Bath
2043 ft²
|
$667,000
+11.19%
07/01/2025
|
The Howe Allen Group
revolv of Dartmouth
| |
|
10/14/2022
|
3 Bed
|
2 Bath
|
1912 ft²
|
$499,900
3 Bed
2 Bath
1912 ft²
|
$484,000
-3.18%
01/05/2023
|
Maiko Kambara
Able Real Estate USA Inc.
| |
|
06/05/2015
|
2 Bed
|
2 Bath
|
1688 ft²
|
$362,900
2 Bed
2 Bath
1688 ft²
|
$347,000
-4.38%
07/16/2015
|
Susan Shepard
Coldwell Banker Realty - Andover
| |
|
02/18/2013
| |
2 Bed
|
2 Bath
|
1688 ft²
|
$357,000
2 Bed
2 Bath
1688 ft²
|
$339,000
-5.04%
06/14/2013
|
Susan Shepard
Coldwell Banker Realty - Andover
|
|
03/18/2004
|
2 Bed
|
2 Bath
|
1700 ft²
|
$397,750
2 Bed
2 Bath
1700 ft²
|
$390,000
-1.95%
04/30/2004
|
Johanna Webster
Coldwell Banker Realty - Andover
| |
|
10/19/2001
|
2 Bed
|
2 Bath
|
1688 ft²
|
$284,900
2 Bed
2 Bath
1688 ft²
|
$280,000
-1.72%
02/28/2002
|
Louis Fossarelli
Berkshire Hathaway HomeServices Verani Realty Bradford
|
Building Info
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