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Danvers 01923
12 Neal Rd
$455,000
● House - Off Market

12 Neal Rd

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,394 Ft²
$958,970
RealtyHop Estimate
82.66%
Since Nov 1, 2014
MA-Boston
Primary Model

About This Property

Opportunity to live in one of the most sought after neighborhoods in Danvers. The spacious split entry home is nicely sited on almost an acre of land. The open concept living, dining and kitchen areas are perfect for entertaining. Off of the dining area is a nice 4 season cathedral ceiling sun room overlooking the fenced in backyard. The lower level features a fireplaced family room, 1/2 bath with w/d as well as access to the 2 car garage and the backyard. Neal Rd is close to all major highways and all that the North Shore has to offer. House to be sold with some contents unless otherwise negotiated. Waiting for someone to bring the home back to its original charm!! Motivated Seller!
Unit Size
2,394 Ft²
Days on Market
-
Land Size
0.90 acres
Price per sqft
$219
Property Type
House
Property Taxes
$512
HOA Dues
-
Year Built
1970

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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 #71714017)

Price History

Date / Event Date Event Price
Sep 16, 2021 Sold
Premium
Sold
May 20, 2021 Listed by Seas the Day Realty $747,500
Listed by Seas the Day Realty
Oct 16, 2014 Sold
Premium
Sold
Jul 15, 2014 Listed by Seas the Day Realty $525,000
Listed by Seas the Day Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 18
  • 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: 1,248
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,113
  • Total Building Area: 2,394
  • Gross Building Area: 2,768
  • Building Area: 2,394
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,394
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000898
  • 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: 211300

Zoning

  • Zoning: R2

Geography

  • Parcel: DANV M:021 L:102 P:
  • Lot: 102
  • Municipality: DANVERS
  • Latitude: 42.5829
  • Longitude: -70.9396

    Address

  • Full Address: 12 Neal Rd
  • Address - House Number: 12
  • Address - Street Name: Neal
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C017
  • 4-Digit Zip Code: 1613
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $815,800

    Appraisal Valuation

  • Standard Deviation: 0.1696
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 785,203
  • High Value: 947,059
  • Low Value: 623,348

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $734,300
  • Assessed Land Value: $406,600
  • Assessed Improvements Value: $327,700

    Sales

  • Current Sale Contract Date: Sep 16, 2021
  • Current Sale Recording Date: Sep 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210916001010
  • Previous Sale Recording Date: Oct 16, 2014
  • Previous Sale Amount: $455,000
  • Previous Sale Document Type: 35
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# 71714017

Frequently Asked Questions

When was property at 12 Neal Road built and last sold?
The property at 12 Neal Road was built in 1970 and last sold on Sep 16, 2021 for $705,000.
How much is this home worth?
The estimated value of the home located at 12 Neal Road is $752,734.
What are some comparable homes to 12 Neal Road?
There are currently no comparable homes to 12 Neal Road.
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