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Danvers 01923
12 Charles Street
$570,000
● House - Off Market

12 Charles Street

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,799 Ft²
$3,200
Est. Monthly

About This Property

Priced to Sell! Bright and Sunny 3 Bedroom 2 Bath with amazing charm and layout, this home has great potential! Walk into hardwood floor foyer with large closet open to stairway, Foyer enters into open concept hardwood floor living room, with bay window with seat and storage, Large bright kitchen with island and sitting area, Vaulted ceilings with skylight, plenty of wood cabinets, recessed lighting, laundry area, and egress to back deck and small yard area, 1st floor also has extra room and 3/4th Bath! 2nd Level leads to landing, 3 additional bedrooms and large full bath! Conveniently located minutes to Dining, Malls, Rt 114, Rt 95 Highway, close to Mills Pond, Endicott Park, Bring your ideas and watch this home shine!
Unit Size
1,799 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$311
Property Type
House
Property Taxes
$450
HOA Dues
-
Year Built
1871

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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: 5 months ago (MLSPIN #73193907)

Price History

Date / Event Date Event Price
Apr 1, 2024 Sold
Premium
Sold
Feb 28, 2024 In contract -
In contract
Feb 6, 2024 Price Decreased $559,999
↓ $20K (3.5%)
Price Decreased
Jan 25, 2024 Price Increased $579,999
↑ $20K (3.6%)
Price Increased
Jan 16, 2024 Listed by Palmer Properties & Real Estate, Inc. $559,999
Listed by Palmer Properties & Real Estate, Inc.
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1871
  • Effective Year Built: 1871
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 11
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 902
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,382
  • Total Building Area: 1,799
  • Gross Building Area: 2,938
  • Building Area: 1,799
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,799
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000101
  • 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:051 L:019 P:
  • Lot: 19
  • Municipality: DANVERS
  • Latitude: 42.5639
  • Longitude: -70.9422

    Address

  • Full Address: 12 Charles St
  • Address - House Number: 12
  • Address - Street Name: Charles
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C004
  • 4-Digit Zip Code: 1911
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $558,600
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2461
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 65
  • Final Value: 573,174
  • High Value: 714,240
  • Low Value: 432,108

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $502,800
  • Assessed Land Value: $296,800
  • Assessed Improvements Value: $206,000

    Sales

  • Current Sale Contract Date: Dec 15, 2023
  • Current Sale Recording Date: Dec 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20231215005040
  • Previous Sale Recording Date: Jan 23, 1987
  • Previous Sale Amount: $142,500
  • 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:

$719,000

Sale Price/ft²

$397

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1983 ft²

Average Home Age

89.7 years

Currently For Sale

38 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: 5 months ago
Data Source: MLS PIN, MLS# 73193907

Frequently Asked Questions

When was property at 12 Charles Street built and last sold?
The property at 12 Charles Street was built in 1871 and last sold on Dec 15, 2023 for $450,000.
How much is this home worth?
The estimated value of the home located at 12 Charles Street is $569,031.
What are some comparable homes to 12 Charles Street?
There are currently no comparable homes to 12 Charles Street.
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