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Essex 01810
96 Bailey Rd
$490,000
● House - Off Market

96 Bailey Rd

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,291 Ft²
$889,994
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

Oversized Cape Cod style home located in High Plain/Wood Hill School District!   This 4 bedroom home sits back off the road, on a large private lot with lots of acreage as well as an in-ground pool. Inside you'll find a first floor master suite, open concept kitchen with granite counter-tops, a family room with wood burning stove plus living and dining rooms. Upstairs you'll find 3 spacious bedrooms with ample closet space and full bath. The finished lower level includes play room/family room with second wood stove, another half bath plus laundry area. Wonderful opportunity to own well maintained home while enjoying lots of privacy in a rural setting.
Unit Size
2,291 Ft²
Days on Market
-
Land Size
6.06 acres
Price per sqft
$218
Property Type
House
Property Taxes
$717
HOA Dues
-
Year Built
1984

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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: 4 months ago (MLSPIN #71813859)

Price History

Date / Event Date Event Price
Jun 15, 2015 Sold
Premium
Sold
Apr 8, 2015 Listed by RE/MAX Partners $499,900
Listed by RE/MAX Partners
Apr 11, 2014 Sold
Premium
Sold
Feb 24, 2014 Listed by RE/MAX Partners $449,900
Listed by RE/MAX Partners
Nov 16, 2007 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 1,201
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 263,974
  • Total Building Area: 2,291
  • Gross Building Area: 4,847
  • Building Area: 2,291
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,291
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANDOVER
  • Land Acres: 0000006060
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254402

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00230 B:00005 L:00000
  • Block: 5
  • Municipality: ANDOVER
  • Latitude: 42.652
  • Longitude: -71.2387

    Address

  • Full Address: 96 Bailey Rd
  • Address - House Number: 96
  • Address - Street Name: Bailey
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Andover
  • Carrier Code: R002
  • 4-Digit Zip Code: 4235
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,064,400

    Appraisal Valuation

  • Standard Deviation: 0.1465
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 82
  • Final Value: 948,016
  • High Value: 1,086,970
  • Low Value: 809,062

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $779,200
  • Assessed Land Value: $449,200
  • Assessed Improvements Value: $330,000

    Sales

  • Current Sale Recording Date: Jun 15, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14137
  • Previous Sale Recording Date: Apr 11, 2014
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: O
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

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71813859

Frequently Asked Questions

When was property at 96 Bailey Road built and last sold?
The property at 96 Bailey Road was built in 1984 and last sold on Jan 1, 1970 for $490,000.
How much is this home worth?
The estimated value of the home located at 96 Bailey Road is $521,448.
What are some comparable homes to 96 Bailey Road?
There are currently no comparable homes to 96 Bailey Road.
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