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Danvers 01923
109 North Street
$440,000
● House - Off Market

109 North Street

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,888 Ft²
$710,109
RealtyHop Estimate
56.10%
Since Nov 1, 2017
MA-Boston
Primary Model

About This Property

Split-Entry home set on large, shady lot near commuter routes, downtown, rail trails and more! This fantastic three bedroom home has been well-maintained and cared for over the years and includes 1 full and 1 half bath. The kitchen is spacious with lots of cabinet space and eat-in area or you can enjoy meals in the adjacent dining room. The living room is full of natural light from the large, box window and cozy with a brick fireplace. Hardwood under carpets on main floor. You'll enjoy summers on the enclosed porch or open the slider in the family room to soak in the nice weather. This home is complete with central air, finished lower level and attached one-car garage.
Unit Size
1,888 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$241
Property Type
House
Property Taxes
$448
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 #72217527)

Price History

Date / Event Date Event Price
Jul 20, 2021 Sold
Premium
Sold
May 30, 2021 Listed by Coldwell Banker Residential Brokerage - Beverly $674,900
Listed by Coldwell Banker Residential Brokerage - Beverly
Oct 17, 2017 Sold
Premium
Sold
Aug 23, 2017 Listed by Coldwell Banker Residential Brokerage - Beverly $454,900
Listed by Coldwell Banker Residential Brokerage - Beverly

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 17,999
  • Total Building Area: 1,888
  • Gross Building Area: 2,948
  • Building Area: 1,888
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,888
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000413
  • 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:014 L:007 P:
  • Lot: 7
  • Municipality: DANVERS
  • Latitude: 42.5937
  • Longitude: -70.9519

    Address

  • Full Address: 109 North St
  • Address - House Number: 109
  • Address - Street Name: North
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C019
  • 4-Digit Zip Code: 1236
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $804,800

    Appraisal Valuation

  • Standard Deviation: 0.1696
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 757,704
  • High Value: 886,308
  • Low Value: 629,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $724,400
  • Assessed Land Value: $369,600
  • Assessed Improvements Value: $354,800

    Sales

  • Current Sale Contract Date: Jul 20, 2021
  • Current Sale Recording Date: Jul 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210720003120
  • Previous Sale Recording Date: Oct 17, 2017
  • Previous Sale Amount: $440,000
  • 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

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72217527

Frequently Asked Questions

When was property at 109 North Street built and last sold?
The property at 109 North Street was built in 1964 and last sold on Jul 20, 2021 for $670,000.
How much is this home worth?
The estimated value of the home located at 109 North Street is $678,700.
What are some comparable homes to 109 North Street?
There are currently no comparable homes to 109 North Street.
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