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Danvers 01923
10 Grandview Road
$485,000
● House - Off Market

10 Grandview Road

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,747 Ft²
$665,035
RealtyHop Estimate
48.11%
Since Jul 1, 2018
MA-Boston
Primary Model

About This Property

Whomever named this street sure didn't have much creativity.  They basically looked at the expansive view below and said, "That's Grand!"  Well, at least they were right.  Overlooking the rail trail and Essex County land this 3 bedroom house feels like it is set in the country, yet just minutes from the highway as well as downtown Danvers.  Featuring tons of light throughout, 2 car garage, family room, and over half an acre of land.  Open living and dining room lead to a sunroom overlooking the large backyard.  You can always update the bathrooms and kitchen, but you can't recreate this idealic location!
Unit Size
1,747 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$257
Property Type
House
Property Taxes
$460
HOA Dues
-
Year Built
1955

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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 #72324593)

Price History

Date / Event Date Event Price
Jun 22, 2018 Sold
Premium
Sold
May 10, 2018 Listed by MerryFox Realty $449,000
Listed by MerryFox Realty

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 41
  • 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: 624
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,659
  • Total Building Area: 1,747
  • Gross Building Area: 2,904
  • Building Area: 1,747
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,747
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000566
  • 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: 211401

Zoning

  • Zoning: R3

Geography

  • Parcel: DANV M:011 L:026 P:
  • Lot: 26
  • Municipality: DANVERS
  • Latitude: 42.5907
  • Longitude: -70.9818

    Address

  • Full Address: 10 Grandview Rd
  • Address - House Number: 10
  • Address - Street Name: Grandview
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C029
  • 4-Digit Zip Code: 4014
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $712,500

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 714,900
  • High Value: 836,757
  • Low Value: 593,043

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $641,300
  • Assessed Land Value: $384,400
  • Assessed Improvements Value: $256,900

    Sales

  • Current Sale Recording Date: Jun 22, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180622003750
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:

$699,450

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2228 ft²

Average Home Age

83.3 years

Currently For Sale

33 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# 72324593

Frequently Asked Questions

When was property at 10 Grandview Road built and last sold?
The property at 10 Grandview Road was built in 1955 and last sold on Jan 1, 1970 for $485,000.
How much is this home worth?
The estimated value of the home located at 10 Grandview Road is $470,847.
What are some comparable homes to 10 Grandview Road?
There are currently no comparable homes to 10 Grandview Road.
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