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Danvers 01923
109 Sylvan St
$535,000
● House - Off Market

109 Sylvan St

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,440 Ft²
$614,805
RealtyHop Estimate
12.81%
Since Dec 1, 2021
MA-Boston
Primary Model

About This Property

Super close to Rte. 93, 95 and 128!! Easy commute to BOSTON ! Danvers colonial that has been owned by the same family for 40 yrs. Under the carpet is beautiful hardwood floors throughout. Back to front living room with fireplace. Formal dining room with corner built in cabinet. Cherry cabinets in the kitchen. 1/2 bath on first floor and full bath up. 4 corner bedrooms are great for the whole family. Roof is 2 yrs old. Detached garage with fun screened porch for more space. Nice big flat back yard. Bring your ideas and buy this home!
Unit Size
1,440 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$378
Property Type
House
Property Taxes
$435
HOA Dues
-
Year Built
1960

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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: 5 years ago (MLSPIN #72890058)

Price History

Date / Event Date Event Price
Nov 4, 2021 Sold
Premium
Sold
Sep 5, 2021 Listed by William Raveis R.E. & Home Services $545,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 704
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,400
  • Total Building Area: 1,440
  • Gross Building Area: 2,172
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000262
  • 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: 211202

Zoning

  • Zoning: R1

Geography

  • Parcel: DANV M:057 L:012 P:
  • Lot: 12
  • Municipality: DANVERS
  • Latitude: 42.5538
  • Longitude: -70.9453

    Address

  • Full Address: 109 Sylvan St
  • Address - House Number: 109
  • Address - Street Name: Sylvan
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C005
  • 4-Digit Zip Code: 3621
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $636,000

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 638,462
  • High Value: 747,290
  • Low Value: 529,634

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $572,500
  • Assessed Land Value: $306,600
  • Assessed Improvements Value: $265,900

    Sales

  • Current Sale Contract Date: Nov 04, 2021
  • Current Sale Recording Date: Nov 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211104003200
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:

$699,900

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2303 ft²

Average Home Age

86.2 years

Currently For Sale

38 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: 5 years ago
Data Source: MLS PIN, MLS# 72890058

Frequently Asked Questions

When was property at 109 Sylvan Street built and last sold?
The property at 109 Sylvan Street was built in 1960 and last sold on Nov 4, 2021 for $535,000.
How much is this home worth?
The estimated value of the home located at 109 Sylvan Street is $0.
What are some comparable homes to 109 Sylvan Street?
There are currently no comparable homes to 109 Sylvan Street.
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