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Danvers 01923
150 Hobart St
$363,000
● House - Off Market

150 Hobart St

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,296 Ft²
$597,559
RealtyHop Estimate
63.76%
Since Feb 1, 2017
MA-Boston
Primary Model

About This Property

Renovated 3 bedroom and 2 bath colonial in move in condition.Seller has installed new roof, heating system, , electrical system hot water baseboard by oil, baths and kitchen in 2016. There are re finished hardwood floors throughout on the first floor, freshly painted interior and exterior, new kitchen with granite counters,recess lighting, disposal, and new stainless stove, dishwasher and microwave. Level 1 also  has living room with bay window.Level 2 has three bedrooms with wall to wall carpeting. Master is spacious with its own bathroom. There is a full walkout basement with plenty of storage space. The back yard has plenty of open space with tall trees surrounding the lot. Easy access to highway and shopping. The house is being sold "AS IS" condition.
Unit Size
1,296 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$282
Property Type
House
Property Taxes
$394
HOA Dues
-
Year Built
1900

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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 #72063332)

Price History

Date / Event Date Event Price
Jan 6, 2017 Sold
Premium
Sold
Sep 7, 2016 Listed by Bancroft Realty Group $364,900
Listed by Bancroft Realty Group
Nov 17, 2015 Sold
Premium
Sold
Oct 7, 2015 Listed by Bancroft Realty Group $167,700
Listed by Bancroft Realty Group
May 21, 1997 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 688
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,498
  • Total Building Area: 1,296
  • Gross Building Area: 2,323
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000402
  • 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: 211402

Zoning

  • Zoning: R2

Geography

  • Parcel: DANV M:042 L:012 P:
  • Lot: 12
  • Municipality: DANVERS
  • Latitude: 42.566
  • Longitude: -70.9543

    Address

  • Full Address: 150 Hobart St
  • Address - House Number: 150
  • Address - Street Name: Hobart
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C016
  • 4-Digit Zip Code: 1808
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $622,200

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 608,602
  • High Value: 715,270
  • Low Value: 501,933

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $560,000
  • Assessed Land Value: $347,800
  • Assessed Improvements Value: $212,200

    Sales

  • Current Sale Recording Date: Jan 06, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 202
  • Previous Sale Recording Date: Nov 17, 2015
  • Previous Sale Amount: $220,000
  • 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

$399

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2313 ft²

Average Home Age

88.4 years

Currently For Sale

43 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: 5 months ago
Data Source: MLS PIN, MLS# 72063332

Frequently Asked Questions

When was property at 150 Hobart Street built and last sold?
The property at 150 Hobart Street was built in 1900 and last sold on Jan 1, 1970 for $363,000.
How much is this home worth?
The estimated value of the home located at 150 Hobart Street is $372,186.
What are some comparable homes to 150 Hobart Street?
There are currently no comparable homes to 150 Hobart Street.
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