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Danvers 01923
14 Mill Street
$325,000
● House - Off Market

14 Mill Street

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,258 Ft²
$535,145
RealtyHop Estimate
67.28%
Since Jul 1, 2016
MA-Boston
Primary Model

About This Property

Cheerful Colonial situated on a corner lot in the nautical Danversport neighborhood provides an open concept living room space enhanced with warm hardwood flooring, a large picture window, recessed lighting and wood beamed ceiling with overhead fans. The newly updated kitchen with tile floor and open, eat-in dining area has direct access to a deck and entertaining area. A full bath on the first floor also includes convenient washer/dryer hookup. Three bedrooms and a half bath occupy the second floor. Other notable features include off-street parking for two, a manageable and fenced back yard and new vinyl exterior.  Close to marina, area schools, shopping, and commuter routes.
Unit Size
1,258 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$254
Property Type
House
Property Taxes
$293
HOA Dues
-
Year Built
1850

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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 #71984216)

Price History

Date / Event Date Event Price
Jun 1, 2016 Sold
Premium
Sold
Apr 5, 2016 Listed by Coldwell Banker Residential Brokerage - Beverly $319,900
Listed by Coldwell Banker Residential Brokerage - Beverly
Apr 19, 2011 Sold
Premium
Sold
Apr 22, 2010 Listed by Coldwell Banker Residential Brokerage - Beverly $159,900
Listed by Coldwell Banker Residential Brokerage - Beverly
Aug 25, 2003 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1850
  • Effective Year Built: 1850
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 616
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,999
  • Total Building Area: 1,258
  • Gross Building Area: 2,210
  • Building Area: 1,258
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,258
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000092
  • 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: 211100

Zoning

  • Zoning: R1

Geography

  • Parcel: DANV M:059 L:142 P:
  • Lot: 142
  • Municipality: DANVERS
  • Latitude: 42.5538
  • Longitude: -70.9235

    Address

  • Full Address: 14 Mill St
  • Address - House Number: 14
  • Address - Street Name: Mill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C008
  • 4-Digit Zip Code: 3311
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $489,300

    Appraisal Valuation

  • Standard Deviation: 0.2318
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 67
  • Final Value: 595,981
  • High Value: 734,364
  • Low Value: 457,598

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $440,400
  • Assessed Land Value: $294,200
  • Assessed Improvements Value: $146,200

    Sales

  • Current Sale Recording Date: Jun 01, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 522
  • Previous Sale Recording Date: Apr 19, 2011
  • Previous Sale Amount: $157,000
  • Previous 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:

$699,900

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2254 ft²

Average Home Age

88.6 years

Currently For Sale

37 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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71984216

Frequently Asked Questions

When was property at 14 Mill Street built and last sold?
The property at 14 Mill Street was built in 1850 and last sold on Jan 1, 1970 for $325,000.
How much is this home worth?
The estimated value of the home located at 14 Mill Street is $327,165.
What are some comparable homes to 14 Mill Street?
There are currently no comparable homes to 14 Mill Street.
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