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Danvers 01923
11 Barbara Rd
$581,500
● House - Off Market

11 Barbara Rd

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,464 Ft²
$506,593
RealtyHop Estimate
1.34%
Since Jun 1, 2022
MA-Boston
Primary Model

About This Property

This charming and Well maintained ranch is located in a fantastic and highly sought after neighborhood.  This single level living home features hardwood floors, exposed beams in the dining room, a cedar closet, nice sized fenced-in backyard, newer roof, paved driveway and a landscaped front lawn that has great curb appeal.  The basement was used as an additional bedroom in the past and has the potential of being re-finished to create more living space. Conveniently near the Rail Trail, Downtown Shopping, Restaurants and Routes 128 and 95. Close to Thorpe elementary school and Holten Richmond Middle & High school.
Unit Size
1,464 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$341
Property Type
House
Property Taxes
$506
HOA Dues
-
Year Built
1955

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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 #72962839)

Price History

Date / Event Date Event Price
May 19, 2022 Sold
Premium
Sold
Apr 6, 2022 Listed by Cameron Real Estate Group $499,900
Listed by Cameron Real Estate Group

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • 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: 7
  • Basement Area: 1,176
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,601
  • Total Building Area: 1,464
  • Gross Building Area: 2,810
  • Building Area: 1,464
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,464
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • 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: R2

Geography

  • Parcel: DANV M:036 L:076 P:
  • Lot: 76
  • Municipality: DANVERS
  • Latitude: 42.5703
  • Longitude: -70.9238

    Address

  • Full Address: 11 Barbara Rd
  • Address - House Number: 11
  • Address - Street Name: Barbara
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C002
  • 4-Digit Zip Code: 2504
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $636,700

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 646,660
  • High Value: 759,999
  • Low Value: 533,321

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $573,100
  • Assessed Land Value: $340,300
  • Assessed Improvements Value: $232,800

    Sales

  • Current Sale Contract Date: May 19, 2022
  • Current Sale Recording Date: May 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220519003960
  • Previous Sale Recording Date: Aug 15, 2003
  • 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:

$699,450

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2259 ft²

Average Home Age

86.7 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: 4 months ago
Data Source: MLS PIN, MLS# 72962839

Frequently Asked Questions

When was property at 11 Barbara Road built and last sold?
The property at 11 Barbara Road was built in 1955 and last sold on May 19, 2022 for $581,500.
How much is this home worth?
The estimated value of the home located at 11 Barbara Road is $517,377.
What are some comparable homes to 11 Barbara Road?
There are currently no comparable homes to 11 Barbara Road.
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