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Danvers 01923
11 Morgan Dr
Photo of 11 Morgan Dr
Sold on May 20, 2011

1

Map

$675,000
● House - Off Market

11 Morgan Dr

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,756 Ft²
$1,450,686
RealtyHop Estimate
107.27%
Since Jun 1, 2011
MA-Boston
Primary Model

About This Property

Privacy, setting and space makes this spectacular New England Colonial the perfect home. While overlooking the secluded backyard you will see a magnificent 18x44 inground pool, poolhouse/shed, and prof. maintained. Located in sought after Wenham Heights, this 4 bed, 3.5 bath includes an open kitchen, stainless steel appliances, wet bar, freezer, hardwood floors throughtout, basement is partially finished with a walkout and 3-car garage, one being oversized. Call today for a special showing!
Unit Size
3,756 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$186
Property Type
House
Property Taxes
$681
HOA Dues
$75
Year Built
1995

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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 months ago (MLSPIN #71211877)

Price History

Date / Event Date Event Price
May 20, 2011 Sold
Premium
Sold
Mar 21, 2011 Listed by BLC Real Estate, LLC $699,900
Listed by BLC Real Estate, LLC

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,938
  • Garage Type: 17
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,923
  • Total Building Area: 3,756
  • Gross Building Area: 6,896
  • Building Area: 3,756
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,756
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WENHAM HEIGHTS DANVERS
  • Land Acres: 0000000710
  • 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:010 L:038 P:
  • Lot: 38
  • Municipality: DANVERS
  • Latitude: 42.5957
  • Longitude: -70.9312

    Address

  • Full Address: 11 Morgan Dr
  • Address - House Number: 11
  • Address - Street Name: Morgan
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Danvers
  • Carrier Code: C006
  • 4-Digit Zip Code: 1753
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,221,400

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,182,259
  • High Value: 1,382,090
  • Low Value: 982,428

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,099,400
  • Assessed Land Value: $442,200
  • Assessed Improvements Value: $657,200

    Sales

  • Current Sale Recording Date: May 20, 2011
  • Current Sale Price:
    Premium
  • Current 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

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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71211877

Frequently Asked Questions

When was property at 11 Morgan Drive built and last sold?
The property at 11 Morgan Drive was built in 1995 and last sold on Jan 1, 1970 for $675,000.
How much is this home worth?
The estimated value of the home located at 11 Morgan Drive is $740,653.
What are some comparable homes to 11 Morgan Drive?
There are currently no comparable homes to 11 Morgan Drive.
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