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Danvers 01923
15 Wellesley Rd
$765,000
● House - Off Market

15 Wellesley Rd

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,042 Ft²
$733,150
RealtyHop Estimate
14.57%
Since Aug 1, 2021
MA-Boston
Primary Model

About This Property

Beautifully maintained Classic 4 bedroom Colonial. Attached garage. Huge kitchen packed with cabinet space. Large bedrooms.  2 Full Baths. Laundry on 2nd floor for convenience. New roof. Great lot. Rare opportunity to own in the desirable Woodvale neighborhood.
Unit Size
2,042 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$313
Property Type
House
Property Taxes
$447
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 years ago (MLSPIN #72850416)

Price History

Date / Event Date Event Price
Jul 23, 2021 Sold
Premium
Sold
Jun 15, 2021 Listed by LAER Realty Partners $639,900
Listed by LAER Realty Partners
Feb 18, 2021 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 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: 16,100
  • Total Building Area: 2,042
  • Gross Building Area: 2,663
  • Building Area: 2,042
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 2,042
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DANVERS
  • Land Acres: 0000000370
  • 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:016 L:002 P:
  • Lot: 2
  • Municipality: DANVERS
  • Latitude: 42.594
  • Longitude: -70.9296

    Address

  • Full Address: 15 Wellesley Rd
  • Address - House Number: 15
  • Address - Street Name: Wellesley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C006
  • 4-Digit Zip Code: 1721
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $816,500
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 807,688
  • High Value: 944,775
  • Low Value: 670,601

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $734,900
  • Assessed Land Value: $342,200
  • Assessed Improvements Value: $392,700

    Sales

  • Current Sale Contract Date: Jul 23, 2021
  • Current Sale Recording Date: Jul 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210723003640
  • Previous Sale Recording Date: Feb 18, 2021
  • Previous Sale Contract Date: Feb 17, 2021
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: O
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

2303 ft²

Average Home Age

86.2 years

Currently For Sale

38 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 years ago
Data Source: MLS PIN, MLS# 72850416

Frequently Asked Questions

When was property at 15 Wellesley Road built and last sold?
The property at 15 Wellesley Road was built in 1960 and last sold on Jul 23, 2021 for $765,000.
How much is this home worth?
The estimated value of the home located at 15 Wellesley Road is $0.
What are some comparable homes to 15 Wellesley Road?
There are currently no comparable homes to 15 Wellesley Road.
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