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Danvers 01923
11 Mohawk St
$690,000
● House - Off Market

11 Mohawk St

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,547 Ft²
$4,089
Est. Monthly

About This Property

Location, location, location! A lovely street near St. John's Prep sits this split level home ready for your updates.  This home is on a beautiful lot with an inground gunite pool.  The home is in need of updating but is livable.  There are hardwood floors in good condition on the upper floor.  There is a large sunroom off the back of the house overlooking the gorgeous yard and pool area. There is a roomy 2 car garage and ample storage area. This home is priced to sell and is being sold as is.  This is the perfect  opportunity for those willing to put in sweat equity.  Home is owned by a trustee so information on the property is somewhat limited. More photos coming soon.
Unit Size
2,547 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$274
Property Type
House
Property Taxes
$656
HOA Dues
-
Year Built
1967

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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 #73188654)

Price History

Date / Event Date Event Price
Jan 11, 2024 Sold
Premium
Sold
Dec 23, 2023 In contract -
In contract
Dec 22, 2023 Listed by Keller Williams Coastal Realty $699,000
Listed by Keller Williams Coastal Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 7
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,476
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,143
  • Total Building Area: 2,547
  • Gross Building Area: 3,996
  • Building Area: 2,547
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 2,547
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000531
  • 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: R3

Geography

  • Parcel: DANV M:020 L:072 P:
  • Lot: 72
  • Municipality: DANVERS
  • Latitude: 42.5876
  • Longitude: -70.9489

    Address

  • Full Address: 11 Mohawk St
  • Address - House Number: 11
  • Address - Street Name: Mohawk
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C001
  • 4-Digit Zip Code: 1110
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $818,100
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1641
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 79
  • Final Value: 788,183
  • High Value: 917,585
  • Low Value: 658,781

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $736,400
  • Assessed Land Value: $412,200
  • Assessed Improvements Value: $324,200

    Sales

  • Current Sale Contract Date: Jan 09, 2024
  • Current Sale Recording Date: Jan 11, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20240111000760
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

2240 ft²

Average Home Age

84.6 years

Currently For Sale

28 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# 73188654

Frequently Asked Questions

When was property at 11 Mohawk Street built and last sold?
The property at 11 Mohawk Street was built in 1967 and last sold on Jan 9, 2024 for $690,000.
How much is this home worth?
The estimated value of the home located at 11 Mohawk Street is $723,101.
What are some comparable homes to 11 Mohawk Street?
There are currently no comparable homes to 11 Mohawk Street.
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