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Danvers 01923
17 Cedar Hill Dr
$482,000
● House - Off Market

17 Cedar Hill Dr

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,160 Ft²
$866,350
RealtyHop Estimate
73.62%
Since Sep 1, 2015
MA-Boston
Primary Model

About This Property

AMAZING LOCATION! 3 bedroom, 2.5 bath raised ranch in family-friendly cul-de-sac in Thorpe School district. Meticulously maintained by  original owners with new roof in 2014, new heat in last 5 years. Upgraded kitchen with granite counters and large granite island with  seating for 6. Master and secondary bath recently renovated and updated with granite and new tile. Two-car garage opens to mud room  in finished walk-out terrace level with brand new carpet. 16x20 foot deck overooks private wooded backyard.
Unit Size
2,160 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$231
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1982

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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 #71855168)

Price History

Date / Event Date Event Price
Aug 24, 2015 Sold
Premium
Sold
Jun 11, 2015 Listed by Thread Real Estate, LLC $499,000
Listed by Thread Real Estate, LLC

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,350
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,666
  • Total Building Area: 2,160
  • Gross Building Area: 3,020
  • Building Area: 2,160
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,160
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEDAR HILL
  • Land Acres: 0000000543
  • 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:015 L:109 P:
  • Lot: 109
  • Municipality: DANVERS
  • Latitude: 42.5895
  • Longitude: -70.9311

    Address

  • Full Address: 17 Cedar Hill Dr
  • Address - House Number: 17
  • Address - Street Name: Cedar Hill
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Danvers
  • Carrier Code: C006
  • 4-Digit Zip Code: 1723
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $762,000

    Appraisal Valuation

  • Standard Deviation: 0.1701
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 792,794
  • High Value: 927,789
  • Low Value: 657,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $685,900
  • Assessed Land Value: $414,500
  • Assessed Improvements Value: $271,400

    Sales

  • Current Sale Recording Date: Aug 24, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 357
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

2232 ft²

Average Home Age

94.7 years

Currently For Sale

39 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71855168

Frequently Asked Questions

When was property at 17 Cedar Hill Drive built and last sold?
The property at 17 Cedar Hill Drive was built in 1982 and last sold on Jan 1, 1970 for $482,000.
How much is this home worth?
The estimated value of the home located at 17 Cedar Hill Drive is $524,446.
What are some comparable homes to 17 Cedar Hill Drive?
There are currently no comparable homes to 17 Cedar Hill Drive.
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