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Danvers 01923
122 Burley Street
$650,000
● House - Off Market

122 Burley Street

Danvers, MA 01923
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,680 Ft²
$599,900
RealtyHop Estimate
0.00%
Since Dec 1, 2023
MA-Boston
Primary Model

About This Property

You won't believe your eyes once you enter inside!  This 2 bedroom, 2 bath Ranch property has a beautifully updated kitchen with gas stove, a fridge with drawers, tasteful lighting and a pass through window to the family room for entertaining!  Enjoy the gas fireplace, recessed lighting and all the magnificant space in the custom built-in cabinets to display your favorite things. Slider door to exit onto the rear patio overlooking the large yard that will appeal to everyone who loves yard space. Newer updated bath features impressive marble flooring and designer tiled shower. Second bath has stand up shower and washer/dryer units left as gifts! Utilities are also located here.  This home features forced hot air and has central air conditioning. Roof 2018. Come see and feel the space in the property!
Unit Size
1,680 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$357
Property Type
House
Property Taxes
$549
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: 4 months ago (MLSPIN #73164452)

Price History

Date / Event Date Event Price
Nov 9, 2023 Sold
Premium
Sold
Oct 4, 2023 In contract -
In contract
Sep 28, 2023 Listed by J. Barrett & Company $599,900
Listed by J. Barrett & Company
Nov 19, 2018 Sold
Premium
Sold
Oct 10, 2018 Listed by J. Barrett & Company $479,900
Listed by J. Barrett & Company
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,008
  • Total Building Area: 1,680
  • Gross Building Area: 1,752
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 13
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODVALE DANVERS SEC C REV PLA
  • Land Acres: 0000000413
  • 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: R3

Geography

  • District: 71
  • Parcel: DANV M:022 L:094 P:
  • Lot: 94
  • Municipality: DANVERS
  • Latitude: 42.5846
  • Longitude: -70.9261

    Address

  • Full Address: 122 Burley St
  • Address - House Number: 122
  • Address - Street Name: Burley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C015
  • 4-Digit Zip Code: 2366
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $687,200

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 688,186
  • High Value: 808,803
  • Low Value: 567,569

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $618,500
  • Assessed Land Value: $376,200
  • Assessed Improvements Value: $242,300

    Sales

  • Current Sale Contract Date: Nov 07, 2023
  • Current Sale Recording Date: Nov 09, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20231109000670
  • Previous Sale Recording Date: Nov 19, 2018
  • Previous Sale Amount: $471,000
  • Previous Sale Document Type: O
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:

$699,450

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2259 ft²

Average Home Age

86.7 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: 4 months ago
Data Source: MLS PIN, MLS# 73164452

Frequently Asked Questions

When was property at 122 Burley Street built and last sold?
The property at 122 Burley Street was built in 1960 and last sold on Nov 7, 2023 for $650,000.
How much is this home worth?
The estimated value of the home located at 122 Burley Street is $625,023.
What are some comparable homes to 122 Burley Street?
There are currently no comparable homes to 122 Burley Street.
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