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Danvers 01923
117 Sylvan St
$405,000
● House - Off Market

117 Sylvan St

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,657 Ft²
$743,426
RealtyHop Estimate
81.37%
Since Apr 1, 2015
MA-Boston
Primary Model

About This Property

Move right in and enjoy this perfect Home!  This 4 bedroom 2.5 bath Ranch has all the bells and whistles, including a huge Master Bedroom addition with stunning Master Bath. Hardwood Floors throughout, central air and an enjoyable Dining / Living / Kitchen open concept.  The newer finished  25'x 20' Basement with recessed lighting and half Bath. Vinyl siding and newer utilities and roof allows the buyer carefree living not to mention a state of the art Radiant heat system in the Master Bedroom and Master Bath. Fenced in yard and 5-6 car parking.  Dont drive by this House, it's much larger than it looks and a Pleasure to show!
Unit Size
1,657 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$247
Property Type
House
Property Taxes
$357
HOA Dues
-
Year Built
1954

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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 #71789240)

Price History

Date / Event Date Event Price
Mar 19, 2015 Sold
Premium
Sold
Feb 2, 2015 Listed by Century 21 North Shore $409,900
Listed by Century 21 North Shore
Jun 29, 2006 Sold
Premium
Sold
Apr 13, 2006 Listed by Century 21 North Shore $319,900
Listed by Century 21 North Shore

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,482
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,657
  • Gross Building Area: 3,139
  • Building Area: 1,657
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,657
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OSBORN PALMER CE
  • Land Acres: 0000000230
  • 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:009 P:
  • Lot: 9
  • Municipality: DANVERS
  • Latitude: 42.5533
  • Longitude: -70.9458

    Address

  • Full Address: 117 Sylvan St
  • Address - House Number: 117
  • 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: $630,700
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 684,764
  • High Value: 801,485
  • Low Value: 568,044

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $567,700
  • Assessed Land Value: $306,000
  • Assessed Improvements Value: $261,700

    Sales

  • Current Sale Recording Date: Mar 19, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 31900198
  • Previous Sale Recording Date: Jun 29, 2006
  • Previous Sale Amount: $320,000
  • 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# 71789240

Frequently Asked Questions

When was property at 117 Sylvan Street built and last sold?
The property at 117 Sylvan Street was built in 1954 and last sold on Jan 1, 1970 for $405,000.
How much is this home worth?
The estimated value of the home located at 117 Sylvan Street is $427,452.
What are some comparable homes to 117 Sylvan Street?
There are currently no comparable homes to 117 Sylvan Street.
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