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Danvers 01923
15 Roosevelt Avenue
$372,000
● House - Off Market

15 Roosevelt Avenue

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,062 Ft²
$838,473
RealtyHop Estimate
115.55%
Since Dec 1, 2011
MA-Boston
Primary Model

About This Property

Renovated three bedroom cape offering hardwood floors, new kitchen with Granite countertops, cherry cabinets and stainless steel appliances, two new full baths, living room with fireplace and dining room with built-in cabinet. Other features include a first floor family room with gas stove and separate entrance, finished basement with new half bath, new heating system, all new windows, hot water, shed off the back of the house, new brick stairs with bluestone and large yard on a dead end street.
Unit Size
2,062 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$189
Property Type
House
Property Taxes
$324
HOA Dues
-
Year Built
1951

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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 #71287613)

Price History

Date / Event Date Event Price
Nov 15, 2011 Sold
Premium
Sold
Sep 14, 2011 Listed by William Raveis R.E. & Home Services $389,000
Listed by William Raveis R.E. & Home Services
Sep 15, 2006 Sold
Premium
Sold
Jun 2, 2006 Listed by William Raveis R.E. & Home Services $369,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,080
  • Total Building Area: 2,065
  • Gross Building Area: 2,562
  • Building Area: 2,065
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,065
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000231
  • 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: 211202

Zoning

  • Zoning: R1

Geography

  • Parcel: DANV M:042 L:182 P:
  • Lot: 182
  • Municipality: DANVERS
  • Latitude: 42.5695
  • Longitude: -70.9444

    Address

  • Full Address: 15 Roosevelt Ave
  • Address - House Number: 15
  • Address - Street Name: Roosevelt
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Danvers
  • Carrier Code: C027
  • 4-Digit Zip Code: 2013
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $680,600

    Appraisal Valuation

  • Standard Deviation: 0.1696
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 723,216
  • High Value: 845,967
  • Low Value: 600,466

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $612,600
  • Assessed Land Value: $342,100
  • Assessed Improvements Value: $270,500

    Sales

  • Current Sale Recording Date: Nov 15, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 15, 2006
  • Previous Sale Amount: $355,000
  • 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71287613

Frequently Asked Questions

When was property at 15 Roosevelt Avenue built and last sold?
The property at 15 Roosevelt Avenue was built in 1951 and last sold on Jan 1, 1970 for $372,000.
How much is this home worth?
The estimated value of the home located at 15 Roosevelt Avenue is $418,891.
What are some comparable homes to 15 Roosevelt Avenue?
There are currently no comparable homes to 15 Roosevelt Avenue.
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