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Danvers 01923
11 Cardinal Rd
$625,000
● House - Off Market

11 Cardinal Rd

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,500 Ft²
$705,879
RealtyHop Estimate
12.06%
Since Jan 1, 2022
MA-Boston
Primary Model

About This Property

Spacious bright and sunny home offers single-level living. Three bedrooms, three garages. One and a half baths. Hardwood flooring, fireplace living room, spacious front , home office, many options. Inviting entry, fully appliance kitchen, dining area, built-in book shelves, two driveways, oversize heated two-car garage great for motorcycle or car enthusiasts, home business, home office, many options. Home is all set to add a generator, One additional garage. Heated gutters, vaulted ceilings, loft area ,air conditioning. Efficient gas heat. Half acre beautifully landscaped lot. Stone patio, shed. Full basement with high ceilings. Great location, dead end street. Reasonable offers will be considered.
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$420
Property Type
House
Property Taxes
$536
HOA Dues
-
Year Built
1946

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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 #72877513)

Price History

Date / Event Date Event Price
Dec 21, 2021 Sold
Premium
Sold
Aug 6, 2021 Listed by RE/MAX 360 $629,900
Listed by RE/MAX 360

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 1,372
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,537
  • Total Building Area: 1,372
  • Gross Building Area: 3,415
  • Building Area: 1,372
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,372
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000449
  • 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: 211100

Zoning

  • Zoning: R2

Geography

  • Parcel: DANV M:053 L:207 P:
  • Lot: 207
  • Municipality: DANVERS
  • Latitude: 42.5603
  • Longitude: -70.9103

    Address

  • Full Address: 11 Cardinal Rd
  • Address - House Number: 11
  • Address - Street Name: Cardinal
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C010
  • 4-Digit Zip Code: 3846
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $717,900

    Appraisal Valuation

  • Standard Deviation: 0.1696
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 689,078
  • High Value: 806,034
  • Low Value: 572,122

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $646,200
  • Assessed Land Value: $382,800
  • Assessed Improvements Value: $263,400

    Sales

  • Current Sale Contract Date: Dec 21, 2021
  • Current Sale Recording Date: Dec 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211221003210
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: 5 years ago
Data Source: MLS PIN, MLS# 72877513

Frequently Asked Questions

When was property at 11 Cardinal Road built and last sold?
The property at 11 Cardinal Road was built in 1946 and last sold on Dec 21, 2021 for $625,000.
How much is this home worth?
The estimated value of the home located at 11 Cardinal Road is $0.
What are some comparable homes to 11 Cardinal Road?
There are currently no comparable homes to 11 Cardinal Road.
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