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Danvers 01923
10 Prince Place
$500,000
● House - Off Market

10 Prince Place

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,231 Ft²
$499,900
RealtyHop Estimate
0.00%
Since Dec 1, 2023
MA-Boston
Primary Model

About This Property

Classic Antique Cape is located in a desirable and quiet neighorhood.  Built in the 1800s, this quality home is a member of the National Registry of Historical Places.  Features include: central air conditioning,  wide pine floors, 3 bedrooms, a living room with a fireplace, a separate dining room and den off the kitchen.  Bring your finishing touches to make this home your own.  Beautiful back yard for your peace and enjoyment.  Please note any exterior updates or changes need to comply with the National Registry of Historical Places.
Unit Size
1,231 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$406
Property Type
House
Property Taxes
$487
HOA Dues
-
Year Built
1859

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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 #73168919)

Price History

Date / Event Date Event Price
Nov 17, 2023 Sold
Premium
Sold
Nov 7, 2023 In contract -
In contract
Oct 4, 2023 Listed by NE Property Consultants $499,900
Listed by NE Property Consultants

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1859
  • Effective Year Built: 1859
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 769
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,698
  • Total Building Area: 1,231
  • Gross Building Area: 2,199
  • Building Area: 1,231
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,231
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000246
  • 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: R2

Geography

  • Parcel: DANV M:041 L:154 P:
  • Lot: 154
  • Municipality: DANVERS
  • Latitude: 42.5673
  • Longitude: -70.9634

    Address

  • Full Address: 10 Prince Pl
  • Address - House Number: 10
  • Address - Street Name: Prince
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Danvers
  • Carrier Code: C037
  • 4-Digit Zip Code: 1816
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $610,600

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 67
  • Final Value: 510,394
  • High Value: 628,904
  • Low Value: 391,884

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $549,600
  • Assessed Land Value: $345,000
  • Assessed Improvements Value: $204,600

    Sales

  • Current Sale Contract Date: Nov 16, 2023
  • Current Sale Recording Date: Nov 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20231117001510
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# 73168919

Frequently Asked Questions

When was property at 10 Prince Place built and last sold?
The property at 10 Prince Place was built in 1859 and last sold on Nov 16, 2023 for $500,000.
How much is this home worth?
The estimated value of the home located at 10 Prince Place is $505,822.
What are some comparable homes to 10 Prince Place?
There are currently no comparable homes to 10 Prince Place.
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