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Danvers 01923
11 Barker
$385,000
● House - Off Market

11 Barker

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,300 Ft²
$598,339
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model

About This Property

Come see this 3 bedroom 1 bath Cape style home situated on a very private lot abutting conservation land on 2 sides. The front foyer leads to the living room with brick fireplace, hardwood floors and great outside views. The eat in kitchen looks out over a 3 season porch. There are 3 bedrooms, 2 on the first floor.  The 3rd bedroom on the second floor has potential to be divided into 2 separate rooms. Partially finished walkout basement with good ceiling height. This home has been owned by the same family since 1947. The time has come for a new owner to make it shine like it once did. Great upside potential. Don't let this opportunity slip by.
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$296
Property Type
House
Property Taxes
$378
HOA Dues
-
Year Built
1947

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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 #72175430)

Price History

Date / Event Date Event Price
Aug 18, 2017 Sold
Premium
Sold
Jun 2, 2017 Listed by Coldwell Banker Residential Brokerage - Manchester $385,000
Listed by Coldwell Banker Residential Brokerage - Manchester

Property Highlights

Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • 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: 4
  • 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: 784
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,985
  • Total Building Area: 1,764
  • Gross Building Area: 2,528
  • Building Area: 1,764
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,764
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000183
  • 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:050 L:233 P:
  • Lot: 233
  • Municipality: DANVERS
  • Latitude: 42.564
  • Longitude: -70.9451

    Address

  • Full Address: 11 Barker St
  • Address - House Number: 11
  • Address - Street Name: Barker
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C004
  • 4-Digit Zip Code: 1904
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $578,900

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 620,939
  • High Value: 729,769
  • Low Value: 512,108

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $521,100
  • Assessed Land Value: $333,400
  • Assessed Improvements Value: $187,700

    Sales

  • Current Sale Recording Date: Aug 18, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 604
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

2228 ft²

Average Home Age

83.3 years

Currently For Sale

33 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# 72175430

Frequently Asked Questions

When was property at 11 Barker Street built and last sold?
The property at 11 Barker Street was built in 1947 and last sold on Jan 1, 1970 for $385,000.
How much is this home worth?
The estimated value of the home located at 11 Barker Street is $396,890.
What are some comparable homes to 11 Barker Street?
There are currently no comparable homes to 11 Barker Street.
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