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Danvers 01923
15 Walcott Rd
$402,000
● House - Off Market

15 Walcott Rd

Danvers, MA 01923
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,944 Ft²
$665,945
RealtyHop Estimate
66.53%
Since Oct 1, 2016
MA-Boston
Primary Model

About This Property

Nicely maintained 6 room, 2 plus bedroom ,with potential 1st floor Master Bdrm, 2 plus bath (addt'l in bsmt) Cape, located in a convenient location on a dead end street.  Home features updated windows, cedar impression siding, roof.    Some other features include Hardwood floors thoughtout including the kitchen, wood stove in living room, sliders to large balcony/deck overlooking a beautiful back yard, with good size shed and privacy.  Home is also commercially zoned, which allows for many possibilities.    Great opportunity to live in Danvers, also a great opportunity for a business owner with vehicles or equipment as commercially zoned.  Live in the home or use as home office or rent out to help out with the purchase.  MANY OPTIONS.....
Unit Size
1,944 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$206
Property Type
House
Property Taxes
$374
HOA Dues
-
Year Built
1955

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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 #72017525)

Price History

Date / Event Date Event Price
Sep 27, 2016 Sold
Premium
Sold
Jun 5, 2016 Listed by NE Property Consultants $399,900
Listed by NE Property Consultants

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • 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: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,163
  • Total Building Area: 1,944
  • Gross Building Area: 2,876
  • Building Area: 1,944
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,944
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELMHURST
  • Land Acres: 0000000233
  • 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: 211201

Zoning

  • Zoning: C3

Geography

  • Parcel: DANV M:062 L:012 P:
  • Lot: 12
  • Municipality: DANVERS
  • Latitude: 42.549
  • Longitude: -70.9445

    Address

  • Full Address: 15 Walcott Rd
  • Address - House Number: 15
  • Address - Street Name: Walcott
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C011
  • 4-Digit Zip Code: 3611
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $605,400
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 680,210
  • High Value: 796,154
  • Low Value: 564,266

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $544,900
  • Assessed Land Value: $318,100
  • Assessed Improvements Value: $226,800

    Sales

  • Current Sale Recording Date: Sep 27, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 246
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# 72017525

Frequently Asked Questions

When was property at 15 Walcott Road built and last sold?
The property at 15 Walcott Road was built in 1955 and last sold on Jan 1, 1970 for $402,000.
How much is this home worth?
The estimated value of the home located at 15 Walcott Road is $439,171.
What are some comparable homes to 15 Walcott Road?
There are currently no comparable homes to 15 Walcott Road.
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