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Danvers 01923
16 Richards St
Photo of 16 Richards St
Sold on Sep 9, 2005

1

Map

$525,000
● House - Off Market

16 Richards St

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,830 Ft²
$954,630
RealtyHop Estimate
75.84%
Since Oct 1, 2005
MA-Boston
Primary Model

About This Property

Elegant English cottage look, Oversized Tudor w\ addition & Large 3 car garage.  Totally renovated, with new roof & new siding, Beautiful hardwood floors, Huge Living room with fireplace and Giant family room w/ gas fireplace. Master Suite w/ walk-in closet sitting room & large bath W/Jacuzzi & Deck off bedroom overlooking beautiful view towards Danvers. Very well insulated interior & exterior walls, for extra sound-proofing. Study room in childrens suite.  You Must see the inside of this house
Unit Size
2,830 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$192
Property Type
House
Property Taxes
$355
HOA Dues
-
Year Built
1931

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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 #70166989)

Price History

Date / Event Date Event Price
Sep 9, 2005 Sold
Premium
Sold
Apr 3, 2005 Listed $542,900
Listed
Mar 7, 1997 Sold
Premium
Sold
Jan 8, 1997 Listed $162,900
Listed
CHARMING ENGLISH COTTAGE ON LINDALL HILL. POTENTIAL FOR 2 ADDITIONAL BEDROOMS AND BATH ON 2ND FLOOR! COZY FIREPLACED LIVING ROOM HOME HAS HARDWOOD FLOORS AND BUILT-INS! SOLD "AS IS".

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,517
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,500
  • Total Building Area: 3,152
  • Gross Building Area: 5,988
  • Building Area: 3,152
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,152
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000218
  • 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: R2

Geography

  • Parcel: DANV M:035 L:029 P:
  • Lot: 29
  • Municipality: DANVERS
  • Latitude: 42.5733
  • Longitude: -70.9429

    Address

  • Full Address: 16 Richards St
  • Address - House Number: 16
  • Address - Street Name: Richards
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C027
  • 4-Digit Zip Code: 2127
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $781,400

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 847,725
  • High Value: 991,011
  • Low Value: 704,438

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $703,300
  • Assessed Land Value: $339,900
  • Assessed Improvements Value: $363,400

    Sales

  • Current Sale Recording Date: Feb 01, 2008
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 09, 2005
  • Previous Sale Amount: $525,000
  • 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:

$699,000

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# 70166989

Frequently Asked Questions

When was property at 16 Richards Street built and last sold?
The property at 16 Richards Street was built in 1931 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 16 Richards Street is $576,835.
What are some comparable homes to 16 Richards Street?
There are currently no comparable homes to 16 Richards Street.
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