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Danvers 01923
111 Sylvan St
$689,000
● House - Off Market

111 Sylvan St

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,950 Ft²
$671,906
RealtyHop Estimate
-1.04%
Since Oct 1, 2023
MA-Boston
Primary Model

About This Property

Beautiful spacious colonial with large yard in Danvers! Fantastic Location! - Walking distance to the mall, close to everything (near the Shopping Malls, restaurants, Routes 114, 1 and 95, 128) beautiful hardwood floors, 3 bedrooms,  washer&dryer hookups on second floor, 1 full bath and 2 1/2 baths and a finished  walk up attic for storage or potential expansion. Open houses Saturday and Sunday 11AM-1PM  Easy to show -emai or text listing agent your with office info- lockbox available!
Unit Size
1,950 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$348
Property Type
House
Property Taxes
$445
HOA Dues
-
Year Built
1896

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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 #73125959)

Price History

Date / Event Date Event Price
May 26, 2025 Temporarily off market -
Temporarily off market
Sep 22, 2023 Sold
Premium
Sold
Aug 16, 2023 In contract -
In contract
Jul 30, 2023 Relisted $679,000
Relisted
Jul 22, 2023 In contract -
In contract
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1896
  • Effective Year Built: 1896
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 836
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,515
  • Total Building Area: 1,950
  • Gross Building Area: 3,386
  • Building Area: 1,950
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,950
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000287
  • 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: 211202

Zoning

  • Zoning: R1

Geography

  • Parcel: DANV M:057 L:011 P:
  • Lot: 11
  • Municipality: DANVERS
  • Latitude: 42.5537
  • Longitude: -70.9454

    Address

  • Full Address: 111 Sylvan St
  • Address - House Number: 111
  • Address - Street Name: Sylvan
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C005
  • 4-Digit Zip Code: 3621
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $550,900

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 94
  • Final Value: 468,154
  • High Value: 505,741
  • Low Value: 430,566

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $495,900
  • Assessed Land Value: $307,100
  • Assessed Improvements Value: $188,800

    Sales

  • Current Sale Contract Date: Sep 22, 2023
  • Current Sale Recording Date: Sep 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230922002060
  • Previous Sale Recording Date: Sep 16, 2022
  • Previous Sale Contract Date: Sep 15, 2022
  • Previous Sale Amount: $476,000
  • Previous 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:

$699,000

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# 73125959

Frequently Asked Questions

When was property at 111 Sylvan Street built and last sold?
The property at 111 Sylvan Street was built in 1896 and last sold on Sep 22, 2023 for $680,000.
How much is this home worth?
The estimated value of the home located at 111 Sylvan Street is $685,055.
What are some comparable homes to 111 Sylvan Street?
There are currently no comparable homes to 111 Sylvan Street.
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