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Danvers 01923
149 Sylvan Street
$535,000
● House - Off Market

149 Sylvan Street

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
3,077 Ft²
$612,628
RealtyHop Estimate
22.55%
Since Mar 1, 2021
MA-Boston
Primary Model

About This Property

Work From Home!  This 3000 sq. ft. Ranch would be just perfect for owner occupied professionals and those who offer other personal services working out of their home. Located in a very visible area, the property has ample parking, with 17 spots, and is handicapped accessible. Please review Danvers zoning bylaws attached for a complete list of allowable uses and restrictions. Of course this property could just be used as a traditional residence and has 10 rooms, 2 half baths and lots of closet space. Fenced-in back yard. Central Air. All appointments must be accompanied.
Unit Size
3,077 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$162
Property Type
House
Property Taxes
$553
HOA Dues
-
Year Built
1970

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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 years ago (MLSPIN #72754325)

Price History

Date / Event Date Event Price
Feb 2, 2021 Sold
Premium
Sold
Nov 6, 2020 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $499,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Dec 14, 1995 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • 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: 1,406
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,889
  • Total Building Area: 3,077
  • Gross Building Area: 3,540
  • Building Area: 3,077
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,077
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Land Acres: 0000000296
  • Standard Land Use Code: 2044
  • County Land Use Code: 013

Neighborhood

  • School District Name: Danvers School District
  • School Tax School District: DANVERS SD
  • Census Tract: 211402

Zoning

  • Zoning: R1

Geography

  • Parcel: DANV M:062 L:166 P:
  • Lot: 166
  • Municipality: DANVERS
  • Latitude: 42.549
  • Longitude: -70.9471

    Address

  • Full Address: 149 Sylvan St
  • Address - House Number: 149
  • Address - Street Name: Sylvan
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C011
  • 4-Digit Zip Code: 3564
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $0

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $681,200
  • Assessed Land Value: $307,300
  • Assessed Improvements Value: $373,900

    Sales

  • Current Sale Contract Date: Jan 26, 2021
  • Current Sale Recording Date: Feb 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210202001330
  • Previous Sale Recording Date: Dec 14, 1995
  • Previous Sale Amount: $72,000
  • Previous Sale Document Type: 34
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

2240 ft²

Average Home Age

84.6 years

Currently For Sale

28 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 years ago
Data Source: MLS PIN, MLS# 72754325

Frequently Asked Questions

When was property at 149 Sylvan Street built and last sold?
The property at 149 Sylvan Street was built in 1970 and last sold on Jan 26, 2021 for $535,000.
How much is this home worth?
The estimated value of the home located at 149 Sylvan Street is $546,089.
What are some comparable homes to 149 Sylvan Street?
There are currently no comparable homes to 149 Sylvan Street.
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