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Danvers 01923
13 Drury Lane
$525,000
● House - Off Market

13 Drury Lane

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,900 Ft²
$798,948
RealtyHop Estimate
42.69%
Since Jul 1, 2019
MA-Boston
Primary Model

About This Property

Lovingly maintained 4 bedroom 2. bath home in a great commuter location.  Minutes to Rtes. 95, 1 and 128.  Large, level fenced in yard with in-ground pool and mature plantings. (large Japanese Maples) Kitchen w/ dining area and spacious dining room w/ skylight and over sized  slider overlooking deck and pool for summer barbecues. Additional private enclosed porch overlooking the pool. Charming living room w/ built ins surrounding the fireplace.Front to back master bedroom suite with large master bath w/ Jacuzzi   Lower level 6 steps to finished family room w/ additional fireplace.  New oil tank (replaced this year) w/ Weil Mclain heating system.
Unit Size
2,900 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$193
Property Type
House
Property Taxes
$522
HOA Dues
-
Year Built
1946

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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 #72488772)

Price History

Date / Event Date Event Price
Jun 28, 2019 Sold
Premium
Sold
Apr 25, 2019 Listed by Coldwell Banker Residential Brokerage - Lynnfield $559,900
Listed by Coldwell Banker Residential Brokerage - Lynnfield

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,051
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,999
  • Total Building Area: 2,933
  • Gross Building Area: 4,028
  • Building Area: 2,933
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,933
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLEN MDW ESTATES SEC 02
  • 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: 211401

Zoning

  • Zoning: R3

Geography

  • Parcel: DANV M:039 L:107 P:
  • Lot: 107
  • Municipality: DANVERS
  • Latitude: 42.5675
  • Longitude: -70.9835

    Address

  • Full Address: 13 Drury Ln
  • Address - House Number: 13
  • Address - Street Name: Drury
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Danvers
  • Carrier Code: C013
  • 4-Digit Zip Code: 1351
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $870,200

    Appraisal Valuation

  • Standard Deviation: 0.1547
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 793,756
  • High Value: 929,054
  • Low Value: 658,458

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $783,300
  • Assessed Land Value: $376,200
  • Assessed Improvements Value: $407,100

    Sales

  • Current Sale Contract Date: Jun 21, 2019
  • Current Sale Recording Date: Jun 28, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190628008240
  • Previous Sale Recording Date: Nov 03, 2010
  • 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

$399

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2275 ft²

Average Home Age

82.8 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# 72488772

Frequently Asked Questions

When was property at 13 Drury Lane built and last sold?
The property at 13 Drury Lane was built in 1946 and last sold on Jun 21, 2019 for $525,000.
How much is this home worth?
The estimated value of the home located at 13 Drury Lane is $590,262.
What are some comparable homes to 13 Drury Lane?
There are currently no comparable homes to 13 Drury Lane.
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