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Danvers 01923
12 Roosevelt Ave
$660,000
● House - Off Market

12 Roosevelt Ave

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,512 Ft²
$716,055
RealtyHop Estimate
13.68%
Since Sep 1, 2021
MA-Boston
Primary Model

About This Property

Located in Beaver Park at the end of a quiet street, 12 Roosevelt is a gem of a property! Meticulously maintained with pride throughout! Recent improvements include roof, new oversized shed, hardwood floors freshly sanded and finished and a brand new full bathroom all within the last year. This charming Cape is picture perfect!  The main level has a 1st floor bedroom, eat in kitchen and large open concept living room/dining room with fireplace. There is also a half bath on the main level. The upstairs has 2 generous sized bedrooms and a bath. The backyard is very private and has beautiful landscaping,  a paver patio and an above ground pool.
Unit Size
1,512 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$417
Property Type
House
Property Taxes
$475
HOA Dues
-
Year Built
1960

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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 years ago (MLSPIN #72861829)

Price History

Date / Event Date Event Price
Aug 10, 2021 Sold
Premium
Sold
Jul 7, 2021 Listed by Keller Williams Realty Evolution $629,900
Listed by Keller Williams Realty Evolution
Jun 4, 2004 Sold
Premium
Sold
Jan 14, 1987 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,080
  • Total Building Area: 1,512
  • Gross Building Area: 2,722
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEAVER PARK DANVERS
  • Land Acres: 0000000231
  • 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:042 L:176 P:
  • Lot: 176
  • Municipality: DANVERS
  • Latitude: 42.5686
  • Longitude: -70.9439

    Address

  • Full Address: 12 Roosevelt Ave
  • Address - House Number: 12
  • Address - Street Name: Roosevelt
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Danvers
  • Carrier Code: C027
  • 4-Digit Zip Code: 2014
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $666,400

    Appraisal Valuation

  • Standard Deviation: 0.1696
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 687,928
  • High Value: 804,689
  • Low Value: 571,168

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $599,800
  • Assessed Land Value: $342,100
  • Assessed Improvements Value: $257,700

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Aug 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210810003080
  • Previous Sale Recording Date: Jun 04, 2004
  • Previous Sale Amount: $360,000
  • 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: 5 years ago
Data Source: MLS PIN, MLS# 72861829

Frequently Asked Questions

When was property at 12 Roosevelt Avenue built and last sold?
The property at 12 Roosevelt Avenue was built in 1960 and last sold on Jul 30, 2021 for $659,900.
How much is this home worth?
The estimated value of the home located at 12 Roosevelt Avenue is $0.
What are some comparable homes to 12 Roosevelt Avenue?
There are currently no comparable homes to 12 Roosevelt Avenue.
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