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Danvers 01923
10 Reservoir Dr
$395,000
● House - Off Market

10 Reservoir Dr

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,898 Ft²
$747,743
RealtyHop Estimate
81.49%
Since Sep 1, 2014
MA-Boston
Primary Model

About This Property

Location, Location, Location! PRIVACY abounds in this home abutting conservation land. Just refinished Hardwood floors, Newer vinyl siding and windows 2005, CENTRAL AIR and spacious deck. Yard is fenced and private, 1/2 acre corner lot. Gas heating.. Gas Water heater 2008.  2 Fireplaces.. one chimney rebuilt with cap added and one repointed. Enclosed porch off the kitchen has electric baseboard heat.  Lower level w/1/2 bath/laundry has a spacious family room with fireplace,  oversized one-car garage.  St. John's Prep and Smith School district.The most prestigious nghbrhd in Danvers. OPEN HOUSE SATURDAY 12:00-1:30. OFFERS MUST BE SUBMITTED BY TUES, MAY 27 3PM
Unit Size
1,898 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$217
Property Type
House
Property Taxes
$428
HOA Dues
-
Year Built
1964

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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 #71684935)

Price History

Date / Event Date Event Price
Aug 15, 2014 Sold
Premium
Sold
May 21, 2014 Listed by Century 21 North Shore $412,000
Listed by Century 21 North Shore
Nov 14, 2003 Sold
Premium
Sold
Sep 16, 2003 Listed by Century 21 North Shore $415,000
Listed by Century 21 North Shore

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 1,056
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,512
  • Total Building Area: 1,843
  • Gross Building Area: 2,644
  • Building Area: 1,843
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,843
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000471
  • 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:008 L:044 P:
  • Lot: 44
  • Municipality: DANVERS
  • Latitude: 42.5967
  • Longitude: -70.9574

    Address

  • Full Address: 10 Reservoir Dr
  • Address - House Number: 10
  • Address - Street Name: Reservoir
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Danvers
  • Carrier Code: C019
  • 4-Digit Zip Code: 1217
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $677,200

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 719,763
  • High Value: 842,448
  • Low Value: 597,077

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $609,500
  • Assessed Land Value: $400,500
  • Assessed Improvements Value: $209,000

    Sales

  • Current Sale Recording Date: Aug 15, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 81500505
  • Previous Sale Recording Date: Nov 14, 2003
  • Previous Sale Amount: $385,000
  • 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:

$699,000

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# 71684935

Frequently Asked Questions

When was property at 10 Reservoir Drive built and last sold?
The property at 10 Reservoir Drive was built in 1964 and last sold on Jan 1, 1970 for $395,000.
How much is this home worth?
The estimated value of the home located at 10 Reservoir Drive is $434,207.
What are some comparable homes to 10 Reservoir Drive?
There are currently no comparable homes to 10 Reservoir Drive.
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