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Danvers 01923
10 Adams St
$535,000
● House - Off Market

10 Adams St

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,304 Ft²
$522,421
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

Here is a picture perfect bungalow style home conveniently located close to major highways, shopping malls and all that Danvers square has to offer.  Charming and tastefully updated with an open concept living, dining, kitchen area with beautiful refinished hardwood floors, Corian countertops and stainless appliances.  Main level has 2 bedrooms, 1 full bath, enclosed front porch/entry, heated mudroom with french doors to deck overlooking perfect sized level backyard.  The 3rd bedroom is located on the second floor.  A finished 1/2 bath with laundry, additional family/play room and a storage room complete the basement.  There is plenty of parking and also a detached garage space.  Heating system was updated and converted to natural gas, electrical updated and water heater updated.
Unit Size
1,304 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$383
Property Type
House
Property Taxes
$425
HOA Dues
-
Year Built
1928

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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 #73002249)

Price History

Date / Event Date Event Price
Aug 15, 2022 Sold
Premium
Sold
Jun 22, 2022 Listed by Cameron Real Estate Group $500,000
Listed by Cameron Real Estate Group
May 6, 2020 Sold
Premium
Sold
Feb 13, 2020 Listed by Cameron Real Estate Group $409,900
Listed by Cameron Real Estate Group
Jan 10, 2014 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • 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: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,952
  • Gross Building Area: 3,016
  • Building Area: 1,952
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,952
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 211201

Zoning

  • Zoning: R1

Geography

  • Parcel: DANV M:058 L:027 P:
  • Lot: 27
  • Municipality: DANVERS
  • Latitude: 42.557
  • Longitude: -70.941

    Address

  • Full Address: 10 Adams St
  • Address - House Number: 10
  • Address - Street Name: Adams
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C005
  • 4-Digit Zip Code: 2718
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $563,700

    Appraisal Valuation

  • Standard Deviation: 0.1547
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 593,938
  • High Value: 685,943
  • Low Value: 501,933

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $507,400
  • Assessed Land Value: $286,900
  • Assessed Improvements Value: $220,500

    Sales

  • Current Sale Contract Date: Aug 15, 2022
  • Current Sale Recording Date: Aug 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220815000930
  • Previous Sale Recording Date: May 06, 2020
  • Previous Sale Contract Date: Apr 28, 2020
  • Previous Sale Amount: $421,500
  • 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 Danvers

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2240 ft²

Average Home Age

84.6 years

Currently For Sale

28 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# 73002249

Frequently Asked Questions

When was property at 10 Adams Street built and last sold?
The property at 10 Adams Street was built in 1928 and last sold on Aug 15, 2022 for $535,000.
How much is this home worth?
The estimated value of the home located at 10 Adams Street is $502,640.
What are some comparable homes to 10 Adams Street?
There are currently no comparable homes to 10 Adams Street.
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