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Danvers 01923
16 Patricia Rd
Photo of 16 Patricia Rd
Sold on Apr 15, 2010

1

Map

$579,900
● House - Off Market

16 Patricia Rd

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
4,412 Ft²
$1,190,478
RealtyHop Estimate
105.29%
Since May 1, 2010
MA-Boston
Primary Model

About This Property

Very Unique Country Cape... Features Family Rm. w Gas Stove, Lrge Fpl. Kitchen w Granite tops & Viking Appliances. Dining Rm., & Living Rm. w Hard wd flrs. There are 3 bedrooms & 2 baths on the 1st floor.  The 2nd floor has a Den/T.V. Rm., and an Enormous partially finished Master Suite. 2nd Family Rm in bsmt. w a large Brick fireplace  Also 2 car attached Gar.  Off Family Rm is a Slider to southwest facing Patio and Large Private Back Yard.  Lastly a large 2 bdrm Potential in-law exists off Gar
Unit Size
4,412 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$131
Property Type
House
Property Taxes
$541
HOA Dues
-
Year Built
1969

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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 #71035519)

Price History

Date / Event Date Event Price
Jan 11, 2021 Sold
Premium
Sold
Oct 6, 2020 Listed $899,900
Listed
Apr 15, 2010 Sold
Premium
Sold
Feb 20, 2010 Listed $579,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,601
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,409
  • Total Building Area: 4,412
  • Gross Building Area: 8,029
  • Building Area: 4,412
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,412
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000698
  • 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: 211401

Zoning

  • Zoning: R3

Geography

  • Parcel: DANV M:031 L:042 P:
  • Lot: 42
  • Municipality: DANVERS
  • Latitude: 42.5711
  • Longitude: -70.9816

    Address

  • Full Address: 16 Patricia Rd
  • Address - House Number: 16
  • Address - Street Name: Patricia
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C013
  • 4-Digit Zip Code: 1314
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,191,000

    Appraisal Valuation

  • Standard Deviation: 0.1546
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,136,540
  • High Value: 1,312,440
  • Low Value: 960,641

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,072,000
  • Assessed Land Value: $442,700
  • Assessed Improvements Value: $629,300

    Sales

  • Current Sale Contract Date: Nov 25, 2020
  • Current Sale Recording Date: Jan 11, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210111005150
  • Previous Sale Recording Date: Apr 15, 2010
  • Previous Sale Amount: $579,900
  • 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:

$699,000

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71035519

Frequently Asked Questions

When was property at 16 Patricia Road built and last sold?
The property at 16 Patricia Road was built in 1969 and last sold on Nov 25, 2020 for $900,000.
How much is this home worth?
The estimated value of the home located at 16 Patricia Road is $905,360.
What are some comparable homes to 16 Patricia Road?
There are currently no comparable homes to 16 Patricia Road.
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