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Danvers 01923
13 Thomas Rd
$750,000
● House - Off Market

13 Thomas Rd

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,770 Ft²
$780,774
RealtyHop Estimate
5.52%
Since Oct 1, 2022
MA-Boston
Primary Model

About This Property

Desirable Prep Area, this eight room split level has many updates Including: Anderson windows, sunroom (den), power blinds in LR and Sunroom, Newer Stainless appliances, granite counters, ceramic backsplash, Hardwood floor 3 years, Brand new AC, Brand new Sewer line coming in from street, Enjoy the picturesque setting while in the sunroom featuring windows galore, Deck on the back, playground area,  three good-sized bedrooms, bath and a half on first level, half bath in basement, and oversized family room with epoxy flooring, two car garage accessed from lower level. Showings begin at first Open House Saturday 8/20 11 to 12:30 and Sunday 11:30 to 1pm. Offers due Monday 8/22 by 5pm.
Unit Size
2,770 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$267
Property Type
House
Property Taxes
$649
HOA Dues
-
Year Built
1977

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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 #73026987)

Price History

Date / Event Date Event Price
Sep 27, 2022 Sold
Premium
Sold
Aug 18, 2022 Listed by Century 21 Tradition $739,900
Listed by Century 21 Tradition
Jul 31, 2019 Sold
Premium
Sold
Jun 26, 2019 Listed by Century 21 Tradition $549,000
Listed by Century 21 Tradition

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 7
  • 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: 1,344
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,480
  • Total Building Area: 2,165
  • Gross Building Area: 3,417
  • Building Area: 2,165
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,165
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000608
  • 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:020 L:142 P:
  • Lot: 142
  • Municipality: DANVERS
  • Latitude: 42.5839
  • Longitude: -70.9433

    Address

  • Full Address: 13 Thomas Rd
  • Address - House Number: 13
  • Address - Street Name: Thomas
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C021
  • 4-Digit Zip Code: 1632
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $835,000

    Appraisal Valuation

  • Standard Deviation: 0.1701
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 800,452
  • High Value: 937,009
  • Low Value: 663,894

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $751,600
  • Assessed Land Value: $426,900
  • Assessed Improvements Value: $324,700

    Sales

  • Current Sale Contract Date: Sep 27, 2022
  • Current Sale Recording Date: Sep 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220927003720
  • Previous Sale Recording Date: Jul 31, 2019
  • Previous Sale Contract Date: Jul 30, 2019
  • Previous Sale Amount: $590,000
  • 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:

$699,000

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: 4 months ago
Data Source: MLS PIN, MLS# 73026987

Frequently Asked Questions

When was property at 13 Thomas Road built and last sold?
The property at 13 Thomas Road was built in 1977 and last sold on Sep 27, 2022 for $750,000.
How much is this home worth?
The estimated value of the home located at 13 Thomas Road is $767,590.
What are some comparable homes to 13 Thomas Road?
There are currently no comparable homes to 13 Thomas Road.
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