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Danvers 01923
103 Burley Street
$386,000
● House - Off Market

103 Burley Street

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,128 Ft²
$598,545
RealtyHop Estimate
59.61%
Since May 1, 2017
MA-Boston
Primary Model

About This Property

Ranch style home in desirable neighborhood with an open concept floor plan and hardwood floors. This home has three spacious bedrooms and one updated bath.    Continue throughout the home and you will notice the renovated white, bright kitchen and stainless steel appliances. Large open family room with hardwood floors. There are sliders that bring you out to the patio area and large backyard. Perfect for the Spring weather! The location of the home is ideal and  close to the downtown area. Easy access to highways.  First showing is Saturday, March 11th 12-2:00pm
Unit Size
1,128 Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$332
Property Type
House
Property Taxes
$394
HOA Dues
-
Year Built
1961

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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 #72127656)

Price History

Date / Event Date Event Price
Apr 21, 2017 Sold
Premium
Sold
Mar 6, 2017 Listed by Coldwell Banker Residential Brokerage - Beverly $375,000
Listed by Coldwell Banker Residential Brokerage - Beverly
Jun 14, 2006 Sold
Premium
Sold
Apr 25, 2006 Listed by Coldwell Banker Residential Brokerage - Beverly $310,000
Listed by Coldwell Banker Residential Brokerage - Beverly

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,765
  • Total Building Area: 1,128
  • Gross Building Area: 1,656
  • Building Area: 1,128
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,128
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODVALE DANVERS SEC C
  • Land Acres: 0000000683
  • 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: 211300

Zoning

  • Zoning: R3

Geography

  • Parcel: DANV M:022 L:101 P:
  • Lot: 101
  • Municipality: DANVERS
  • Latitude: 42.5826
  • Longitude: -70.9267

    Address

  • Full Address: 103 Burley St
  • Address - House Number: 103
  • Address - Street Name: Burley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C015
  • 4-Digit Zip Code: 2329
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $649,800

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 666,046
  • High Value: 779,576
  • Low Value: 552,516

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $584,900
  • Assessed Land Value: $426,500
  • Assessed Improvements Value: $158,400

    Sales

  • Current Sale Recording Date: Apr 21, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 466
  • Previous Sale Recording Date: Jun 14, 2006
  • Previous Sale Amount: $310,000
  • 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

2261 ft²

Average Home Age

82.2 years

Currently For Sale

30 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# 72127656

Frequently Asked Questions

When was property at 103 Burley Street built and last sold?
The property at 103 Burley Street was built in 1961 and last sold on Jan 1, 1970 for $452,500.
How much is this home worth?
The estimated value of the home located at 103 Burley Street is $387,363.
What are some comparable homes to 103 Burley Street?
There are currently no comparable homes to 103 Burley Street.
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