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Danvers 01923
15 Thomas Road
Photo of 15 Thomas Road
Sold on Jul 1, 2011

1

Map

$469,000
● House - Off Market

15 Thomas Road

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,064 Ft²
$977,447
RealtyHop Estimate
105.78%
Since Aug 1, 2011
MA-Boston
Primary Model

About This Property

This pristine home has been lovingly maintained and recently updated with new kitchen and baths, windows, interior doors, front door, roof, wall to wall carpeting and more.  Amenities inlcude central air, central vac, security and sprinkler systems. Enjoy the changing seasons from the glassed-in three season porch. Beautifully sited on a 30,000+ sf lot in the heart of the Prep Area, this home says, "Welcome to Danvers"!
Unit Size
2,064 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$230
Property Type
House
Property Taxes
$467
HOA Dues
-
Year Built
1977

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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 #71155341)

Price History

Date / Event Date Event Price
Jul 1, 2011 Sold
Premium
Sold
Oct 25, 2010 Listed by MACK Realty Group $475,000
Listed by MACK Realty Group
Aug 25, 1988 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,344
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,022
  • Total Building Area: 2,064
  • Gross Building Area: 3,000
  • Building Area: 2,064
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,064
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DANVERS
  • Land Acres: 0000000689
  • 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: R2

Geography

  • Parcel: DANV M:020 L:143 P:
  • Lot: 143
  • Municipality: DANVERS
  • Latitude: 42.5842
  • Longitude: -70.9439

    Address

  • Full Address: 15 Thomas Rd
  • Address - House Number: 15
  • Address - Street Name: Thomas
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C021
  • 4-Digit Zip Code: 1632
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $901,500

    Appraisal Valuation

  • Standard Deviation: 0.1521
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 908,398
  • High Value: 1,046,615
  • Low Value: 770,182

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $811,400
  • Assessed Land Value: $442,600
  • Assessed Improvements Value: $368,800

    Sales

  • Current Sale Recording Date: Jul 01, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 25, 1988
  • Previous Sale Amount: $257,500
  • 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

50

Average Home Size

2238 ft²

Average Home Age

84.8 years

Currently For Sale

36 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: 5 months ago
Data Source: MLS PIN, MLS# 71155341

Frequently Asked Questions

When was property at 15 Thomas Road built and last sold?
The property at 15 Thomas Road was built in 1977 and last sold on Jan 1, 1970 for $469,000.
How much is this home worth?
The estimated value of the home located at 15 Thomas Road is $498,653.
What are some comparable homes to 15 Thomas Road?
There are currently no comparable homes to 15 Thomas Road.
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