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Danvers 01923
113 Forest St
$349,000
● House - Off Market

113 Forest St

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,637 Ft²
$663,415
RealtyHop Estimate
90.09%
Since Oct 1, 2013
MA-Boston
Primary Model

About This Property

Cozy Cape in fabulous Danvers location, walk to school, Endicott park, town, etc.. Pottery Barn feel in the open layout kitchen, family room, large dining room, and three bedrooms. Finished room in basement perfect for the kids or football watching. Beautiful deck off the kitchen overlooking stone paved patio and inground pool. Amazing spot for entertaining. A few finishing touches and this is the home of your dreams.
Unit Size
1,637 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$213
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
1952

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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 #71546921)

Price History

Date / Event Date Event Price
Sep 17, 2013 Sold
Premium
Sold
Jun 25, 2013 Listed by J. Barrett & Company $349,000
Listed by J. Barrett & Company
Mar 30, 2000 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 972
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,005
  • Total Building Area: 1,637
  • Gross Building Area: 3,401
  • Building Area: 1,637
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,637
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORWOOD AVE
  • Land Acres: 0000000276
  • 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: 211402

Zoning

  • Zoning: R2

Geography

  • Parcel: DANV M:041 L:132 P:
  • Lot: 132
  • Municipality: DANVERS
  • Latitude: 42.5667
  • Longitude: -70.9598

    Address

  • Full Address: 113 Forest St
  • Address - House Number: 113
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C037
  • 4-Digit Zip Code: 1834
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $623,000
  • Initial Tax Delinquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 658,722
  • High Value: 771,004
  • Low Value: 546,441

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $560,800
  • Assessed Land Value: $350,600
  • Assessed Improvements Value: $210,200

    Sales

  • Current Sale Recording Date: Sep 17, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 528
  • Previous Sale Recording Date: Mar 30, 2000
  • Previous Sale Amount: $215,000
  • 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

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# 71546921

Frequently Asked Questions

When was property at 113 Forest Street built and last sold?
The property at 113 Forest Street was built in 1952 and last sold on Jan 1, 1970 for $349,000.
How much is this home worth?
The estimated value of the home located at 113 Forest Street is $368,295.
What are some comparable homes to 113 Forest Street?
There are currently no comparable homes to 113 Forest Street.
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