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Danvers 01923
14 Burley Farm Road
$395,000
● House - Off Market

14 Burley Farm Road

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,373 Ft²
$710,094
RealtyHop Estimate
73.62%
Since Sep 1, 2015
MA-Boston
Primary Model

About This Property

Location the best and so is the price!This eight room ,three bedroom dormmered Cape style home with almost 2400 sf is situated on a 33500 sf lot in a very desirable area of Danvers.The home has recently refinished hardwood floors, a large family room addition with a fireplace and a large bonus room on the lower level.The roof has been replaced, the heating is newer, new oil tank and hot water heater, There is a good size living room with a fireplace and a separate formal dining room.  This home is close to town, schools and major routes. Needs some updating but one of the best values for the money.
Unit Size
2,373 Ft²
Days on Market
-
Land Size
0.77 acres
Price per sqft
$172
Property Type
House
Property Taxes
$457
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 #71863189)

Price History

Date / Event Date Event Price
Aug 10, 2015 Sold
Premium
Sold
Jun 24, 2015 Listed by Century 21 North Shore $409,000
Listed by Century 21 North Shore

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 1,321
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,502
  • Total Building Area: 2,186
  • Gross Building Area: 3,758
  • Building Area: 2,186
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,186
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000769
  • 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:044 L:164 P:
  • Lot: 164
  • Municipality: DANVERS
  • Latitude: 42.5699
  • Longitude: -70.9264

    Address

  • Full Address: 14 Burley Farm Rd
  • Address - House Number: 14
  • Address - Street Name: Burley Farm
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C002
  • 4-Digit Zip Code: 2523
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $780,700

    Appraisal Valuation

  • Standard Deviation: 0.207
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 785,495
  • High Value: 919,247
  • Low Value: 651,744

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $702,700
  • Assessed Land Value: $387,700
  • Assessed Improvements Value: $315,000

    Sales

  • Current Sale Recording Date: Aug 10, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 365
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71863189

Frequently Asked Questions

When was property at 14 Burley Farm Road built and last sold?
The property at 14 Burley Farm Road was built in 1955 and last sold on Jan 1, 1970 for $395,000.
How much is this home worth?
The estimated value of the home located at 14 Burley Farm Road is $439,489.
What are some comparable homes to 14 Burley Farm Road?
There are currently no comparable homes to 14 Burley Farm Road.
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