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Danvers 01923
15 Princeton St
$675,000
● House - Off Market

15 Princeton St

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,948 Ft²
$694,843
RealtyHop Estimate
-0.72%
Since Sep 1, 2023
MA-Boston
Primary Model

About This Property

This meticulously maintained ranch style home is one level living at its finest! This property offers 3 spacious bedrooms, 2 full baths, custom kitchen with granite counters and stainless steel appliances, living room with picture window, dining room with sliders to a fantastic family room with large windows, beamed ceilings, skylights and gas stove. This home has a storage shed, fenced backyard, and patio area perfect for entertaining. The 2 car garage with storage space above.
Unit Size
1,948 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$359
Property Type
House
Property Taxes
$550
HOA Dues
-
Year Built
1961

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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 #73132095)

Price History

Date / Event Date Event Price
Aug 31, 2023 Sold
Premium
Sold
Jul 22, 2023 In contract -
In contract
Jul 19, 2023 Relisted $526,000
Relisted
Jul 11, 2023 In contract -
In contract
Jul 5, 2023 Listed by J. Barrett & Company $699,900
Listed by J. Barrett & Company
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,108
  • Total Building Area: 1,948
  • Gross Building Area: 3,167
  • Building Area: 1,948
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,948
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODVALE DANVERS SEC C
  • Land Acres: 0000000416
  • 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:022 L:049 P:
  • Lot: 49
  • Municipality: DANVERS
  • Latitude: 42.5866
  • Longitude: -70.9277

    Address

  • Full Address: 15 Princeton St
  • Address - House Number: 15
  • Address - Street Name: Princeton
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C015
  • 4-Digit Zip Code: 1717
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $688,400

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 704,644
  • High Value: 824,753
  • Low Value: 584,535

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $619,600
  • Assessed Land Value: $376,700
  • Assessed Improvements Value: $242,900

    Sales

  • Current Sale Contract Date: Aug 31, 2023
  • Current Sale Recording Date: Aug 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230831005120
  • Previous Sale Recording Date: May 21, 2018
  • 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:

$699,900

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2284 ft²

Average Home Age

87.6 years

Currently For Sale

43 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: 5 months ago
Data Source: MLS PIN, MLS# 73132095

Frequently Asked Questions

When was property at 15 Princeton Street built and last sold?
The property at 15 Princeton Street was built in 1961 and last sold on Aug 31, 2023 for $675,000.
How much is this home worth?
The estimated value of the home located at 15 Princeton Street is $705,153.
What are some comparable homes to 15 Princeton Street?
There are currently no comparable homes to 15 Princeton Street.
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