35 New England Business CtrAndover, MA 01810

  • Office properties
  • 88,818 SF
Off market

Property Details for 35 New England Business Ctr

Year built
1998
Construction
STEEL FRAME
Lot size
17.29 AC
Property size (Sq ft)
88,818 SF
Zone code
ID2
Property type
Office properties
Property subtype
Office buildings
APN
ANDO M:00142 B:00002 L:0000E
APU
ANDOM00142B00002L0000E

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,684,268
    6.5%
    $13,554,709
    7%
    $12,586,516
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,604,960
    Geo Method
    $11,604,960
  • Alternative Use

    Use
    Valuation
    Residential
    $16,807,840
    Hospitality
    $15,395,891
    Educational
    $12,809,200
    Medical
    $13,249,728
    Retail
    $19,925,422
35 New England Business Ctr, Andover, Massachusetts
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Location Insight

City
Andover
County
Essex
State
Massachusetts
Latitude
42.6977
Longitude
-71.2062
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$350,669
$3,903,300
$9,859,200
$13,762,500
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FAQs

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