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Danvers 01923
135 Locust
$580,000
● House - Off Market

135 Locust

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,961 Ft²
$1,303,033
RealtyHop Estimate
108.49%
Since Apr 1, 2010
MA-Boston
Primary Model

About This Property

Custom built 3 br and 2 ba like new home.  This is one floor living at its' best!  A great open floor plan for every day life.  Cherry cabinets, with granite countertops in kitchen, hardwood floors, gas fireplace and central air.  Expansion possibilites in lower level includes a walk out and windows so ready to be finished  for great in-law apartment or family/media room.  Enjoy the large front porch and beautifully landscaped fenced in yard.  2 car attached garage plus a detached 1 car garage
Unit Size
1,961 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$319
Property Type
House
Property Taxes
$424
HOA Dues
-
Year Built
2007

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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 #70930919)

Price History

Date / Event Date Event Price
Mar 1, 2010 Sold
Premium
Sold
Jun 8, 2009 Listed by RE/MAX On The River, Inc. $625,000
Listed by RE/MAX On The River, Inc.

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • 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: 0
  • 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: 1,961
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,292
  • Total Building Area: 2,942
  • Gross Building Area: 5,034
  • Building Area: 2,942
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,942
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DANVERS
  • Land Acres: 0000000489
  • 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:027 L:143A P:
  • Lot: 143A
  • Municipality: DANVERS
  • Latitude: 42.5788
  • Longitude: -70.9372

    Address

  • Full Address: 135 Locust St
  • Address - House Number: 135
  • Address - Street Name: Locust
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C017
  • 4-Digit Zip Code: 1654
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $932,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 949,658
  • High Value: 1,110,174
  • Low Value: 789,142

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $839,000
  • Assessed Land Value: $378,600
  • Assessed Improvements Value: $460,400

    Sales

  • Current Sale Recording Date: Mar 01, 2010
  • Current Sale Price:
    Premium
  • Current 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

2261 ft²

Average Home Age

82.2 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70930919

Frequently Asked Questions

When was property at 135 Locust Street built and last sold?
The property at 135 Locust Street was built in 2007 and last sold on Jan 1, 1970 for $580,000.
How much is this home worth?
The estimated value of the home located at 135 Locust Street is $636,511.
What are some comparable homes to 135 Locust Street?
There are currently no comparable homes to 135 Locust Street.
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