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Danvers 01923
12 Bell
$375,000
● House - Off Market

12 Bell

Danvers, MA 01923
bedrooms
2 Beds
bathrooms
1 Bath
square feet
709 Ft²
$380,978
RealtyHop Estimate
-1.04%
Since Oct 1, 2023
MA-Boston
Primary Model

About This Property

Introducing an ideal starter home in a peaceful neighborhood! Homes in this neighborhood are a rare find, making this an affordable opportunity to join a fantastic school district and add value to your property through your efforts. Create your unique space and enjoy the benefits of homeownership as this home has been in the same family for many years and is perfect for a single person, small family, contractor, or condo opportunity. PRIVATE SHOWINGS ONLY.
Unit Size
709 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$543
Property Type
House
Property Taxes
$368
HOA Dues
-
Year Built
1915

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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 #73147358)

Price History

Date / Event Date Event Price
Sep 14, 2023 Sold
Premium
Sold
Aug 20, 2023 In contract -
In contract
Aug 11, 2023 Listed by Century 21 North East $385,000
Listed by Century 21 North East

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • 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: 405
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,302
  • Total Building Area: 709
  • Gross Building Area: 1,859
  • Building Area: 709
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 709
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000076
  • 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:043 L:486 P:
  • Lot: 486
  • Municipality: DANVERS
  • Latitude: 42.5675
  • Longitude: -70.942

    Address

  • Full Address: 12 Bell St
  • Address - House Number: 12
  • Address - Street Name: Bell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C038
  • 4-Digit Zip Code: 2004
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $448,700
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 79
  • Final Value: 441,775
  • High Value: 515,047
  • Low Value: 368,502

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $403,900
  • Assessed Land Value: $291,400
  • Assessed Improvements Value: $112,500

    Sales

  • Current Sale Contract Date: Sep 12, 2023
  • Current Sale Recording Date: Sep 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230914003120
  • Previous Sale Recording Date: Aug 01, 2012
  • 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73147358

Frequently Asked Questions

When was property at 12 Bell Street built and last sold?
The property at 12 Bell Street was built in 1915 and last sold on Sep 12, 2023 for $375,000.
How much is this home worth?
The estimated value of the home located at 12 Bell Street is $386,801.
What are some comparable homes to 12 Bell Street?
There are currently no comparable homes to 12 Bell Street.
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