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Middlesex
93 Old Andover Rd
$590,000
● House - Off Market

93 Old Andover Rd

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,780 Ft²
$613,332
RealtyHop Estimate
17.97%
Since May 1, 2021
MA-Boston
Primary Model

About This Property

All ready to unpack and start your memories. This Spacious updated Colonial has been Meticulously maintained. Updated Kitchen, Baths. New roof and siding. A very generous and newly fenced in back yard for entertaining and lovely deck for BBQs. Open concept 1st floor with a bonus room right off dinning room. Heated floors in the full bath.  Finished basement and plenty of storage in the remainder unfinished basement. Newer paved driveway. Great location. Close to many amenities yet tucked away for privacy. Don't wait for this to be gone. Public Open House 3/6 2 parties will be let in at a time.
Unit Size
1,780 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$292
Property Type
House
Property Taxes
$471
HOA Dues
-
Year Built
1962

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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: 5 years ago (MLSPIN #72791393)

Price History

Date / Event Date Event Price
Apr 20, 2021 Sold
Premium
Sold
Mar 1, 2021 Listed by RPA Realty $519,900
Listed by RPA Realty
Sep 17, 2015 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,462
  • Building Area: 1,462
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,462
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Reading School District
  • School Tax School District: NO READING SD
  • Census Tract: 330202

Zoning

  • Zoning: RB

Geography

  • District: 213
  • Parcel: NREA M:009.0 B:0000 L:0028.0
  • Lot: 28.0
  • Municipality: NORTH READING
  • Latitude: 42.5982
  • Longitude: -71.1319

    Address

  • Full Address: 93 Old Andover Rd
  • Address - House Number: 93
  • Address - Street Name: Old Andover
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: R051
  • 4-Digit Zip Code: 1064
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $734,700

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 664,412
  • High Value: 780,729
  • Low Value: 548,095

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $556,200
  • Assessed Land Value: $299,500
  • Assessed Improvements Value: $256,700

    Sales

  • Current Sale Contract Date: Apr 20, 2021
  • Current Sale Recording Date: Apr 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1877257
  • Previous Sale Recording Date: Sep 17, 2015
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: 55
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 Middlesex

Stats & Trends

Median Asking:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2683 ft²

Average Home Age

62.9 years

Currently For Sale

3239 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72791393

Frequently Asked Questions

When was property at 93 Old Andover Road built and last sold?
The property at 93 Old Andover Road was built in 1962 and last sold on Apr 20, 2021 for $590,000.
How much is this home worth?
The estimated value of the home located at 93 Old Andover Road is $546,191.
What are some comparable homes to 93 Old Andover Road?
There are currently no comparable homes to 93 Old Andover Road.
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