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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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50 Holt Rd , Andover, MA 01810
$1,180,000
Est. Payment: $2,622.22/mo
3 Bed
2 Bath
3174 Sqft
Status: Active | Days on site: 22
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AN9399 - CN243180
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House Description

SELLER OFFERING $25,000 FOR AN INTEREST RATE BUYDOWN SEE BELOW FOR DETAILS ******************************************************* Perfectly positioned just moments from Phillips Academy and Bancroft Elementary, this beautifully refreshed expanded ranch offers the ideal blend of comfort, flexibility, and location. The sun-drenched +/-500 SF family room showcases soaring cathedral ceilings, walls of bay windows, and tranquil views of the private backyard. A spacious primary suite and updated walk-out lower level provide exceptional living space, while a large home office can easily serve as a fourth bedroom or guest suite. Outside, enjoy professionally landscaped gardens, a sparkling in-ground pool, and a charming tiki bar—perfect for summer entertaining. The protected backyard offers plenty of room for children, pets, or peaceful relaxation. An exceptional opportunity for Phillips Academy/Bancroft families, downsizers seeking first-floor living, or anyone looking to enjoy one of Andover's most desirable neighborhoods. ************************************************* LENDERS WILL ALLOW A RATE BUYDOWN FOR UP TO 3% OF THE LOAN AMOUNT. IN THIS INSTANCE THAT AMOUNT ON AN 80/20 LOAN WOULD EQUAL +/- $28,000. THIS EFFECTIVELY SAVES THE BUYER +/- $75,000 BY REDUCING THE INTEREST RATE FROM FROM 6.75% TO 6%. ALL INFORMATION PROVIDED HERE IS MEANT TO GIVE A BASIC UNDERSTANDING OF HOW AN INTEREST RATE BUYDOWN WORKS. BUYER AND BUYER'S AGENT SHOULD DISCUSS THIS WITH THEIR LENDER FOR CLARITY AND CONFIRMATION.

Highlights

Listed by Henry Gourdeau , 617-955-0443 Gibson Sotheby's International Realty , 978-475-4002.

Property Type

Residential

Lot/Acreage
0.89

Year Built

1966

County

Essex

Area

South Andover

Neighborhood

Bancroft

Listing ID

73568506

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Water Heater, Oven, Dishwasher, Disposal, Range, Refrigerator, Freezer, Washer, Dryer
Air Cond:Central Air
Fireplaces:Living Room,Master Bedroom,Wood / Coal / Pellet Stove
Floor:Tile,Hardwood,Flooring - Vinyl
Other:
  • Additional:Bathroom - Full, Closet, Lighting - Overhead, Walk-In Closet(s), Media Room, Home Office
Water:Public

Exterior Features

Lot:Gentle Sloping
Garage Capacity:4
Zoning:SRB
Roof:Shingle
Others:
  • Additional:Deck, Patio, Pool - Inground, Cabana, Rain Gutters, Storage, Screens, Garden
Sewer:Public Sewer
Parking Features:Attached,Paved Drive,Off Street,Parking Spaces: 4
Principal Interest
$2,622
Taxes
$967

Home Price

$1,180,000

Loan Details

30 yrs
%

Down Payment

20%
$236,000
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Monthly Price:
$2,622.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,622.22 $966.58 $0.00 $3,588.81
Yearly $31,466.67 $11,599.00 $0.00 $43,065.67
Total $944,000.00 $347,970.00 $0.00 $1,291,970.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Andover, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.