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Danvers 01923
16 Carolyn Drive
$587,000
● House - Off Market

16 Carolyn Drive

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,925 Ft²
$595,455
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

Welcome to Danvers. This is a delightful ranch located on a dead end not that far from the down town of Danvers. Enjoy the walking trail, St Johns Prep and great restaurants. Very close to the Meadow for ice skating or concerts by the Mill Pond.  Living room boasting fireplace and built in book cases. Hardwood floors gleam and not far from all major routes. This home is being sold as is, as seen.  All offers due by tues by 5 pm.Buyers/ agents brokers should do their due diligence.
Unit Size
1,925 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$296
Property Type
House
Property Taxes
$512
HOA Dues
-
Year Built
1960

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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 #73012603)

Price History

Date / Event Date Event Price
Aug 31, 2022 Sold
Premium
Sold
Jul 14, 2022 Listed by LAER Realty Partners $569,900
Listed by LAER Realty Partners
May 21, 2007 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,125
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,621
  • Total Building Area: 1,925
  • Gross Building Area: 2,971
  • Building Area: 1,925
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,925
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000359
  • 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: 211202

Zoning

  • Zoning: R1

Geography

  • Parcel: DANV M:042 L:093 P:
  • Lot: 93
  • Municipality: DANVERS
  • Latitude: 42.5673
  • Longitude: -70.9505

    Address

  • Full Address: 16 Carolyn Dr
  • Address - House Number: 16
  • Address - Street Name: Carolyn
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Danvers
  • Carrier Code: C016
  • 4-Digit Zip Code: 1909
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $629,600
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 682,025
  • High Value: 798,278
  • Low Value: 565,771

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $566,700
  • Assessed Land Value: $356,500
  • Assessed Improvements Value: $210,200

    Sales

  • Current Sale Contract Date: Aug 31, 2022
  • Current Sale Recording Date: Aug 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 395
  • Previous Sale Recording Date: May 21, 2007
  • Previous Sale Amount: $409,000
  • 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:

$699,450

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2228 ft²

Average Home Age

83.3 years

Currently For Sale

33 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: 4 months ago
Data Source: MLS PIN, MLS# 73012603

Frequently Asked Questions

When was property at 16 Carolyn Drive built and last sold?
The property at 16 Carolyn Drive was built in 1960 and last sold on Aug 31, 2022 for $587,000.
How much is this home worth?
The estimated value of the home located at 16 Carolyn Drive is $588,900.
What are some comparable homes to 16 Carolyn Drive?
There are currently no comparable homes to 16 Carolyn Drive.
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