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Danvers 01923
15 Delaware Avenue
$480,000
● House - Off Market

15 Delaware Avenue

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,074 Ft²
$699,649
RealtyHop Estimate
43.08%
Since Oct 1, 2019
MA-Boston
Primary Model

About This Property

Price Change to 499,000..  Welcome to 15 Delaware Avenue.  This 4 bedroom, 2.5 bath is located near the St. John's Prep Area.  First floor has a kitchen, dining room and living room w/ gas fireplace; and also a 3 season sunroom with access to deck.  Second floor has 4 bedrooms and 1 full bath.  There are hardwood floor throughout both 1st and 2nd floors.   Home also has a new roof and heating system.  Close to Routes 95 and Route 1.  Please call today to book your appointment to see this home.
Unit Size
2,074 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$236
Property Type
House
Property Taxes
$531
HOA Dues
-
Year Built
1966

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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 #72468293)

Price History

Date / Event Date Event Price
Sep 16, 2019 Sold
Premium
Sold
Mar 20, 2019 Listed by Commonwealth Properties Residential, LLC $489,000
Listed by Commonwealth Properties Residential, LLC

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,199
  • Total Building Area: 2,074
  • Gross Building Area: 3,133
  • Building Area: 2,074
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,074
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROGERS ESTATE
  • Land Acres: 0000000418
  • 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: 211300

Zoning

  • Zoning: R3

Geography

  • Parcel: DANV M:014 L:157 P:
  • Lot: 157
  • Municipality: DANVERS
  • Latitude: 42.5907
  • Longitude: -70.9505

    Address

  • Full Address: 15 Delaware Ave
  • Address - House Number: 15
  • Address - Street Name: Delaware
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Danvers
  • Carrier Code: C001
  • 4-Digit Zip Code: 1101
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $771,300

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 738,731
  • High Value: 864,651
  • Low Value: 612,812

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $694,200
  • Assessed Land Value: $390,300
  • Assessed Improvements Value: $303,900

    Sales

  • Current Sale Contract Date: Sep 16, 2019
  • Current Sale Recording Date: Sep 16, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190916005340
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

$399

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2275 ft²

Average Home Age

82.8 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72468293

Frequently Asked Questions

When was property at 15 Delaware Avenue built and last sold?
The property at 15 Delaware Avenue was built in 1966 and last sold on Sep 16, 2019 for $480,000.
How much is this home worth?
The estimated value of the home located at 15 Delaware Avenue is $508,188.
What are some comparable homes to 15 Delaware Avenue?
There are currently no comparable homes to 15 Delaware Avenue.
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