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Danvers 01923
11 Graystone Dr
$410,000
● House - Off Market

11 Graystone Dr

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,888 Ft²
$863,808
RealtyHop Estimate
108.15%
Since Dec 1, 2012
MA-Boston
Primary Model

About This Property

Meticulously Maintained Home at the End of a Cul De Sac Surrounded by Protected Space. Rare Living Rm Fireplace and 1st Floor Family Rm/Sunroom off the Eat In Kitchen. Lower Level has a Playroom Plus  Den or 4th BR Loads of Storage & Workshop Area Because 2 Car Garage is Seperate From House. Never Worry about Painting as the Exterior is Steel. Enjoy Privacy of Your Own Yard & Inground Pool.  Private Well Supplies Water for Lawn, Gardens & Pool.Enjoy the Convenience of Being Near Everything
Unit Size
1,888 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$220
Property Type
House
Property Taxes
$421
HOA Dues
-
Year Built
1963

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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 #71431323)

Price History

Date / Event Date Event Price
Nov 15, 2012 Sold
Premium
Sold
Sep 6, 2012 Listed by RE/MAX Advantage Real Estate $415,000
Listed by RE/MAX Advantage Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • 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: 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: 1,056
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,998
  • Total Building Area: 1,888
  • Gross Building Area: 2,416
  • Building Area: 1,888
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,888
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • 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:027 L:051 P:
  • Lot: 51
  • Municipality: DANVERS
  • Latitude: 42.5768
  • Longitude: -70.9396

    Address

  • Full Address: 11 Graystone Dr
  • Address - House Number: 11
  • Address - Street Name: Graystone
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Danvers
  • Carrier Code: C017
  • 4-Digit Zip Code: 1607
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $741,400

    Appraisal Valuation

  • Standard Deviation: 0.1701
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 768,870
  • High Value: 899,790
  • Low Value: 637,950

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $667,300
  • Assessed Land Value: $398,300
  • Assessed Improvements Value: $269,000

    Sales

  • Current Sale Recording Date: Nov 15, 2012
  • Current Sale Price:
    Premium
  • Current 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:

$699,900

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2238 ft²

Average Home Age

84.8 years

Currently For Sale

36 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71431323

Frequently Asked Questions

When was property at 11 Graystone Drive built and last sold?
The property at 11 Graystone Drive was built in 1963 and last sold on Jan 1, 1970 for $410,000.
How much is this home worth?
The estimated value of the home located at 11 Graystone Drive is $438,042.
What are some comparable homes to 11 Graystone Drive?
There are currently no comparable homes to 11 Graystone Drive.
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