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Danvers 01923
15 Grand View Rd
$530,000
● House - Off Market

15 Grand View Rd

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,840 Ft²
$697,048
RealtyHop Estimate
36.68%
Since Jul 1, 2020
MA-Boston
Primary Model

About This Property

Danvers - New to the market - 4 Bedroom,1.5 Bath house H/W throughout, waiting for your updating and redecorating ideas.   Property to be sold in "as is" condition. Some appliances not working and not being replaced. Seller has not lived in property  Buyers and Agents to sign all attached disclosures prior to showings. Buyers responsible for smoke certificate after closing.    Open house 5/2, 12-2.  Appointments required: masks & gloves required. No children.
Unit Size
1,840 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$277
Property Type
House
Property Taxes
$493
HOA Dues
-
Year Built
1965

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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 #72649859)

Price History

Date / Event Date Event Price
Jun 3, 2020 Sold
Premium
Sold
May 1, 2020 Listed by The Martin Group, Inc. $510,000
Listed by The Martin Group, Inc.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,478
  • Total Building Area: 1,840
  • Gross Building Area: 2,964
  • Building Area: 1,840
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,840
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000470
  • 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: 211401

Zoning

  • Zoning: R3

Geography

  • Parcel: DANV M:011 L:015 P:
  • Lot: 15
  • Municipality: DANVERS
  • Latitude: 42.5919
  • Longitude: -70.9833

    Address

  • Full Address: 15 Grandview Rd
  • Address - House Number: 15
  • Address - Street Name: Grandview
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C029
  • 4-Digit Zip Code: 4012
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $723,100

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 721,423
  • High Value: 833,176
  • Low Value: 609,670

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $650,900
  • Assessed Land Value: $367,500
  • Assessed Improvements Value: $283,400

    Sales

  • Current Sale Contract Date: May 22, 2020
  • Current Sale Recording Date: Jun 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200603002380
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72649859

Frequently Asked Questions

When was property at 15 Grandview Road built and last sold?
The property at 15 Grandview Road was built in 1965 and last sold on May 22, 2020 for $530,000.
How much is this home worth?
The estimated value of the home located at 15 Grandview Road is $526,139.
What are some comparable homes to 15 Grandview Road?
There are currently no comparable homes to 15 Grandview Road.
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