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Danvers 01923
13 Laurine Road
$555,000
● House - Off Market

13 Laurine Road

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,721 Ft²
$663,743
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model

About This Property

Welcome home to your Danvers Ranch, tucked back in a cul-de-sac neighborhood.  Immaculate, inviting and updated throughout.  Vaulted ceiling living room, 3-bedrooms, finished basement, gorgeous and private fenced-in backyard.  Central Air.  Radiant heat flooring in main floor bathroom.  B-Dry Basement System Warranty.  Accompanied showings begin Wednesday June 10th - in strict 20-minute increments, to allow for next party to enter safely.   Proper social distancing guidelines will be followed.  Masks required by all who enter.  Must sign attached COVID-19 Form to confirm appointment.
Unit Size
1,721 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$291
Property Type
House
Property Taxes
$444
HOA Dues
-
Year Built
1955

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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 #72670050)

Price History

Date / Event Date Event Price
Aug 3, 2020 Sold
Premium
Sold
Jun 9, 2020 Listed by J. Barrett & Company $500,000
Listed by J. Barrett & Company
Oct 1, 2004 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • 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: 7
  • Basement Area: 972
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,350
  • Total Building Area: 1,818
  • Gross Building Area: 2,528
  • Building Area: 1,818
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,818
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHERRY HILL ACRES
  • Land Acres: 0000000192
  • 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:037 L:027 P:
  • Lot: 27
  • Municipality: DANVERS
  • Latitude: 42.5718
  • Longitude: -70.9088

    Address

  • Full Address: 13 Laurine Rd
  • Address - House Number: 13
  • Address - Street Name: Laurine
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C023
  • 4-Digit Zip Code: 2532
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $623,800

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 686,472
  • High Value: 803,483
  • Low Value: 569,460

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $561,500
  • Assessed Land Value: $301,500
  • Assessed Improvements Value: $260,000

    Sales

  • Current Sale Contract Date: Jul 15, 2020
  • Current Sale Recording Date: Aug 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200803004400
  • Previous Sale Recording Date: Oct 01, 2004
  • Previous Sale Amount: $386,000
  • 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72670050

Frequently Asked Questions

When was property at 13 Laurine Road built and last sold?
The property at 13 Laurine Road was built in 1955 and last sold on Jul 15, 2020 for $555,000.
How much is this home worth?
The estimated value of the home located at 13 Laurine Road is $519,451.
What are some comparable homes to 13 Laurine Road?
There are currently no comparable homes to 13 Laurine Road.
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