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Danvers 01923
14 Mount Carmel Rd
$479,000
● House - Off Market

14 Mount Carmel Rd

Danvers, MA 01923
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,502 Ft²
$685,280
RealtyHop Estimate
43.06%
Since Sep 1, 2019
MA-Boston
Primary Model

About This Property

Great opportunity to get in to this impeccable home in Danvers!  You must see this beautiful, meticulously maintained ranch style home in Danversport.  This home has 2 bedrooms, updated bath, a spacious living room with hardwood floors and  wood burning fireplace that leads out to a gorgeous light filled three season sun room.  The basement is partially finished with a lovely family room and storage galore!  Updated kitchen and one car attached garage!    This home is located in a desireable secluded neighborhood that is close to major routes, shopping, and only 2 miles from the Salem MBTA train station!!  Don't miss out!
Unit Size
1,502 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$319
Property Type
House
Property Taxes
$463
HOA Dues
-
Year Built
1971

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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: 5 months ago (MLSPIN #72499196)

Price History

Date / Event Date Event Price
Oct 13, 2021 Sold
Premium
Sold
Aug 9, 2019 Sold
Premium
Sold
May 14, 2019 Listed by LUX Realty North Shore $479,000
Listed by LUX Realty North Shore

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 1,155
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,001
  • Total Building Area: 1,502
  • Gross Building Area: 2,895
  • Building Area: 1,502
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,502
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000276
  • 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: R2

Geography

  • Parcel: DANV M:067 L:070 P:
  • Lot: 70
  • Municipality: DANVERS
  • Latitude: 42.5427
  • Longitude: -70.9143

    Address

  • Full Address: 14 Mount Carmel Rd
  • Address - House Number: 14
  • Address - Street Name: Mount Carmel
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C008
  • 4-Digit Zip Code: 3716
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $689,300

    Appraisal Valuation

  • Standard Deviation: 0.1547
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 676,823
  • High Value: 792,189
  • Low Value: 561,456

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $620,400
  • Assessed Land Value: $362,900
  • Assessed Improvements Value: $257,500

    Sales

  • Current Sale Contract Date: Oct 13, 2021
  • Current Sale Recording Date: Oct 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 630108
  • Previous Sale Recording Date: Aug 09, 2019
  • Previous Sale Contract Date: Aug 02, 2019
  • Previous Sale Amount: $479,000
  • 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:

$699,900

Sale Price/ft²

$398

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2321 ft²

Average Home Age

90.5 years

Currently For Sale

41 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: 5 months ago
Data Source: MLS PIN, MLS# 72499196

Frequently Asked Questions

When was property at 14 Mt Carmel Road built and last sold?
The property at 14 Mt Carmel Road was built in 1971 and last sold on Oct 13, 2021 for $605,000.
How much is this home worth?
The estimated value of the home located at 14 Mt Carmel Road is $491,184.
What are some comparable homes to 14 Mt Carmel Road?
There are currently no comparable homes to 14 Mt Carmel Road.
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