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Danvers 01923
15 Loris Road
$399,900
● House - Off Market

15 Loris Road

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,350 Ft²
$591,927
RealtyHop Estimate
48.02%
Since Oct 1, 2018
MA-Boston
Primary Model

About This Property

Open House Saturday 8/18 11:30-1pm & Sunday 8/19 12-1:30pm.  BOM due to buyers financing .  PRICED TO SELL! Location! Location! Location!  This home is the one you have been waiting for! Picture perfect 4 bedroom New England style cape located on a tree lined, dead end cul-de-sac. Open concept style sun drenched updated kitchen with SS appliances and hard wood floors that opens to your fireplaced living room.  Flexible floor plan has two bedrooms downstairs and two bedrooms upstairs.  Plenty of closet space and built-ins. Hardwood floors. Large level fenced backyard perfect for cookouts.  Close to the rail trail, downtown, library and major highways. Full basement. Stop by and tour this beautiful home and fall in love.
Unit Size
1,350 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$296
Property Type
House
Property Taxes
$393
HOA Dues
-
Year Built
1946

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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 #72367155)

Price History

Date / Event Date Event Price
Sep 19, 2018 Sold
Premium
Sold
Jul 23, 2018 Listed by Atlantic Coast Homes,Inc $399,900
Listed by Atlantic Coast Homes,Inc
Jun 3, 2005 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 5,833
  • Total Building Area: 1,224
  • Gross Building Area: 2,500
  • Building Area: 1,224
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,224
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000134
  • 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: 211402

Zoning

  • Zoning: R2

Geography

  • Parcel: DANV M:050 L:009 P:
  • Lot: 9
  • Municipality: DANVERS
  • Latitude: 42.5638
  • Longitude: -70.9529

    Address

  • Full Address: 15 Loris Rd
  • Address - House Number: 15
  • Address - Street Name: Loris
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C025
  • 4-Digit Zip Code: 1802
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $605,500
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1679
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 624,232
  • High Value: 729,170
  • Low Value: 519,295

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $545,000
  • Assessed Land Value: $324,200
  • Assessed Improvements Value: $220,800

    Sales

  • Current Sale Recording Date: Sep 19, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180919000900
  • Previous Sale Recording Date: Jun 03, 2005
  • Previous Sale Amount: $385,000
  • 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:

$699,000

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2261 ft²

Average Home Age

82.2 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72367155

Frequently Asked Questions

When was property at 15 Loris Road built and last sold?
The property at 15 Loris Road was built in 1946 and last sold on Jan 1, 1970 for $399,900.
How much is this home worth?
The estimated value of the home located at 15 Loris Road is $408,450.
What are some comparable homes to 15 Loris Road?
There are currently no comparable homes to 15 Loris Road.
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