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Danvers 01923
11 Pat Dr
Photo of 11 Pat Dr
Sold on Sep 5, 2007

1

Map

$640,000
● House - Off Market

11 Pat Dr

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,216 Ft²
$1,323,292
RealtyHop Estimate
89.07%
Since Oct 1, 2007
MA-Boston
Primary Model

About This Property

A house you must see to really appreciate! European charm throughout, this executive, Swedish energy crafted home is air tight!  Low heating bills! Unique concrete roof tiles, triple paned windows, teak doors, air circulation system all on 38,000 sq. ft. of beautifully landscaped land on a quiet cul-de-sac in prestigeous Westover Farms. Oversized home with optional in-law 1st floor bedroom and sitting room. Priced to sell at well below assessed value.
Unit Size
4,216 Ft²
Days on Market
-
Land Size
0.89 acres
Price per sqft
$166
Property Type
House
Property Taxes
$600
HOA Dues
-
Year Built
1985

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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 #70579188)

Price History

Date / Event Date Event Price
Sep 5, 2007 Sold
Premium
Sold
May 15, 2007 Listed $699,900
Listed
Nov 20, 1998 Sold
Premium
Sold
Oct 8, 1998 Listed $419,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 9
  • 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: 1
  • Roof Cover Type: 18
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,334
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 38,673
  • Total Building Area: 4,216
  • Gross Building Area: 6,808
  • Building Area: 4,216
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 4,216
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTOVER FARMS
  • Land Acres: 0000000888
  • 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: 211401

Zoning

  • Zoning: R3

Geography

  • Parcel: DANV M:023 L:061 P:
  • Lot: 61
  • Municipality: DANVERS
  • Latitude: 42.577
  • Longitude: -70.9868

    Address

  • Full Address: 11 Pat Dr
  • Address - House Number: 11
  • Address - Street Name: Pat
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Danvers
  • Carrier Code: C013
  • 4-Digit Zip Code: 1358
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,153,100

    Appraisal Valuation

  • Standard Deviation: 0.1531
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 1,162,618
  • High Value: 1,340,664
  • Low Value: 984,572

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,037,900
  • Assessed Land Value: $468,800
  • Assessed Improvements Value: $569,100

    Sales

  • Current Sale Recording Date: Sep 05, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 20, 1998
  • Previous Sale Amount: $416,900
  • Previous 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:

$699,000

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: 4 months ago
Data Source: MLS PIN, MLS# 70579188

Frequently Asked Questions

When was property at 11 Pat Drive built and last sold?
The property at 11 Pat Drive was built in 1985 and last sold on Jan 1, 1970 for $640,000.
How much is this home worth?
The estimated value of the home located at 11 Pat Drive is $735,409.
What are some comparable homes to 11 Pat Drive?
There are currently no comparable homes to 11 Pat Drive.
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