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Danvers 01923
14 Mello Parkway
$315,000
● House - Off Market

14 Mello Parkway

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,945 Ft²
$601,135
RealtyHop Estimate
82.16%
Since Jan 1, 2015
MA-Boston
Primary Model

About This Property

Desirable Tapleyville location for this 4 bedroom Cape!  Numerous improvements include heating system, oil tank, water heater, exterior doors, lighting, paint, new carpeting, bathroom fixtures and refinished floors.  This home also features a 1st floor master, hardwood floors, central air, partially finished basement, heated family room and attached garage all on a large level lot. Serene cul-de-sac setting yet close to all major routes! GREAT VALUE!
Unit Size
1,945 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$170
Property Type
House
Property Taxes
$355
HOA Dues
-
Year Built
1953

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71750826)

Price History

Date / Event Date Event Price
Dec 31, 2014 Sold
Premium
Sold
Oct 1, 2014 Listed by Keller Williams Realty Evolution $330,000
Listed by Keller Williams Realty Evolution

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 748
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,215
  • Total Building Area: 1,945
  • Gross Building Area: 2,728
  • Building Area: 1,945
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,945
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000189
  • 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: R1

Geography

  • Parcel: DANV M:057 L:196 P:
  • Lot: 196
  • Municipality: DANVERS
  • Latitude: 42.5569
  • Longitude: -70.9515

    Address

  • Full Address: 14 Mello Pkwy
  • Address - House Number: 14
  • Address - Street Name: Mello
  • Address - Suffix Type: Pkwy
  • State: MA
  • City Name: Danvers
  • Carrier Code: C009
  • 4-Digit Zip Code: 2628
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $632,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1807
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 662,939
  • High Value: 782,846
  • Low Value: 543,032

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $568,900
  • Assessed Land Value: $334,400
  • Assessed Improvements Value: $234,500

    Sales

  • Current Sale Recording Date: Dec 31, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1.23E+8
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# 71750826

Frequently Asked Questions

When was property at 14 Mello Parkway built and last sold?
The property at 14 Mello Parkway was built in 1953 and last sold on Jan 1, 1970 for $315,000.
How much is this home worth?
The estimated value of the home located at 14 Mello Parkway is $351,590.
What are some comparable homes to 14 Mello Parkway?
There are currently no comparable homes to 14 Mello Parkway.
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