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Danvers 01923
1 Paulette Drive
$490,000
● House - Off Market

1 Paulette Drive

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,487 Ft²
$739,946
RealtyHop Estimate
48.02%
Since Oct 1, 2018
MA-Boston
Primary Model

About This Property

Plenty of room in this sprawling Ranch!  Desirable Prep area location, this home offers four bedrooms, 3.5 baths plus a huge partially finished bonus room that can be used as a sunroom overlooking the pool area or finished as a large family room. Spacious living room with hardwood floors which is open to the dining room and kitchen.  Four bedrooms all on main level. Large master suite with full bath, dressing area and double closets. Second bedroom has 3/4 bath. The basement is partially finished which could be an additional family room or play room. Lots of extra storage plus an oversize 2 car garage. Nicely sited on a corner lot with in-ground pool and fenced yard. Welcome home to Danvers.
Unit Size
2,487 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$201
Property Type
House
Property Taxes
$523
HOA Dues
-
Year Built
1964

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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 months ago (MLSPIN #72368212)

Price History

Date / Event Date Event Price
Sep 14, 2018 Sold
Premium
Sold
Jul 25, 2018 Listed by Coldwell Banker Residential Brokerage - Beverly $499,900
Listed by Coldwell Banker Residential Brokerage - Beverly
Jul 10, 2002 Sold
Premium
Sold
Apr 26, 2002 Listed by Coldwell Banker Residential Brokerage - Beverly $479,900
Listed by Coldwell Banker Residential Brokerage - Beverly

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,752
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,883
  • Total Building Area: 2,487
  • Gross Building Area: 4,019
  • Building Area: 2,487
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,487
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000433
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Danvers School District
  • School Tax School District: DANVERS SD
  • Census Tract: 211402

Zoning

  • Zoning: R3

Geography

  • Parcel: DANV M:013 L:013 P:
  • Lot: 13
  • Municipality: DANVERS
  • Latitude: 42.5943
  • Longitude: -70.9563

    Address

  • Full Address: 1 Paulette Dr
  • Address - House Number: 1
  • Address - Street Name: Paulette
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Danvers
  • Carrier Code: C019
  • 4-Digit Zip Code: 1225
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $754,100

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 94
  • Final Value: 724,715
  • High Value: 782,901
  • Low Value: 666,529

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $678,800
  • Assessed Land Value: $393,300
  • Assessed Improvements Value: $285,500

    Sales

  • Current Sale Recording Date: Sep 14, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180914005480
  • Previous Sale Recording Date: Jul 10, 2002
  • Previous Sale Amount: $475,000
  • Previous Sale Document Type: 27
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 Danvers

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$398

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2321 ft²

Average Home Age

90.5 years

Currently For Sale

41 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: 5 months ago
Data Source: MLS PIN, MLS# 72368212

Frequently Asked Questions

When was property at 1 Paulette Drive built and last sold?
The property at 1 Paulette Drive was built in 1964 and last sold on Jan 1, 1970 for $490,000.
How much is this home worth?
The estimated value of the home located at 1 Paulette Drive is $523,672.
What are some comparable homes to 1 Paulette Drive?
There are currently no comparable homes to 1 Paulette Drive.
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