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Danvers 01923
14 Martin St
$350,000
● House - Off Market

14 Martin St

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,127 Ft²
$521,707
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model

About This Property

Welcome to Danvers Historical District!   So much potential for this property located  in a fantastic neighborhood setting.  1 year new roof, updated windows, siding, 2 full baths, oversized kitchen, 1 car garage with room for 5 more vehicles in driveway. 3 Season porch offers extra living space with attached deck to enjoy your private and level back yard.  Just minutes to shopping and fine dining.  Commuters dream to I-95 and Routes 1
Unit Size
1,127 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$354
Property Type
House
Property Taxes
$431
HOA Dues
-
Year Built
1950

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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 #72691676)

Price History

Date / Event Date Event Price
Feb 26, 2021 Sold
Premium
Sold
Jan 12, 2021 Listed by Coldwell Banker Realty - Haverhill $529,000
Listed by Coldwell Banker Realty - Haverhill
Sep 25, 2020 Sold
Premium
Sold
Jul 15, 2020 Listed by Coldwell Banker Realty - Haverhill $399,000
Listed by Coldwell Banker Realty - Haverhill
Jul 30, 1999 Sold
Premium
Sold
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Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 644
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,500
  • Total Building Area: 1,127
  • Gross Building Area: 2,239
  • Building Area: 1,127
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,127
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000218
  • 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: 211402

Zoning

  • Zoning: R2

Geography

  • Parcel: DANV M:049 L:114 P:
  • Lot: 114
  • Municipality: DANVERS
  • Latitude: 42.5618
  • Longitude: -70.9573

    Address

  • Full Address: 14 Martin St
  • Address - House Number: 14
  • Address - Street Name: Martin
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C003
  • 4-Digit Zip Code: 1855
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $627,500

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 664,583
  • High Value: 767,531
  • Low Value: 561,635

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $564,800
  • Assessed Land Value: $339,900
  • Assessed Improvements Value: $224,900

    Sales

  • Current Sale Contract Date: Feb 22, 2021
  • Current Sale Recording Date: Feb 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210226006730
  • Previous Sale Recording Date: Sep 25, 2020
  • Previous Sale Contract Date: Sep 24, 2020
  • Previous Sale Amount: $350,000
  • 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72691676

Frequently Asked Questions

When was property at 14 Martin Street built and last sold?
The property at 14 Martin Street was built in 1950 and last sold on Feb 22, 2021 for $550,000.
How much is this home worth?
The estimated value of the home located at 14 Martin Street is $524,430.
What are some comparable homes to 14 Martin Street?
There are currently no comparable homes to 14 Martin Street.
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