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Danvers 01923
15 Tibbetts Ave
$799,900
● House - Off Market

15 Tibbetts Ave

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,488 Ft²
$1,078,674
RealtyHop Estimate
34.85%
Since Aug 1, 2020
MA-Boston
Primary Model

About This Property

WATERFRONT LOVERS!  SUNSET LOVERS! BOATING enthusiasts! DEEP WATER dock with water and electric that can manage even the big boats!  Has held two 40' boats at once! The yard is professionally landscaped with pavers, gardens, flagpole, gazebo.  Westerly exposure to catch all the amazing sunsets.  Home is open floor plan, kitchen with granite counters, dry/wine bar w/ wine cooler, hardwood & tile flrs, exposed antique brick walls, woodburning fireplace.  Features incl a whirlpool tub, vaulted ceiling.  Master bedrm w/ hardwd flrs, his 'n her walk in closets, and bath w/ double sinks & stall shower. Custom designed spiral staircase to 2nd flr. Make this your own little resort!
Unit Size
2,488 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$322
Property Type
House
Property Taxes
$695
HOA Dues
-
Year Built
2021

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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 #72661533)

Price History

Date / Event Date Event Price
Jul 29, 2020 Sold
Premium
Sold
May 26, 2020 Listed by Del Realty, Inc. $799,900
Listed by Del Realty, Inc.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,135
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,249
  • Total Building Area: 2,671
  • Gross Building Area: 6,188
  • Building Area: 2,671
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,671
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ON BRADSTREET PARK
  • Land Acres: 0000000121
  • 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: 211100

Zoning

  • Zoning: R2

Geography

  • Parcel: DANV M:065 L:109 P:
  • Lot: 109
  • Municipality: DANVERS
  • Latitude: 42.5485
  • Longitude: -70.9136

    Address

  • Full Address: 15 Tibbetts Ave
  • Address - House Number: 15
  • Address - Street Name: Tibbetts
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Danvers
  • Carrier Code: C010
  • 4-Digit Zip Code: 3913
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,307,500
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 86
  • Final Value: 1,290,438
  • High Value: 1,452,293
  • Low Value: 1,128,583

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,176,900
  • Assessed Land Value: $499,500
  • Assessed Improvements Value: $677,400

    Sales

  • Current Sale Contract Date: Jul 29, 2020
  • Current Sale Recording Date: Jul 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200729002250

    Financing

  • First Mortgage Financing Type: ADJ
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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72661533

Frequently Asked Questions

When was property at 15 Tibbetts Avenue built and last sold?
The property at 15 Tibbetts Avenue was built in 2021 and last sold on Jul 29, 2020 for $799,900.
How much is this home worth?
The estimated value of the home located at 15 Tibbetts Avenue is $818,263.
What are some comparable homes to 15 Tibbetts Avenue?
There are currently no comparable homes to 15 Tibbetts Avenue.
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