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Danvers 01923
17 Loris Road
$597,000
● House - Off Market

17 Loris Road

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,504 Ft²
$702,095
RealtyHop Estimate
27.89%
Since Dec 1, 2020
MA-Boston
Primary Model

About This Property

This sweet home has it all and then some!  Set on a picturesque street is a three bedroom single level house with extra living space in the lower level.  Spacious bright and ready to move in to.  The lot is lovely with gardens, perennial flowers and a screened in gazebo to enjoy those summer nights.  Easy access to major routes for commuting and close to downtown. *All Covid 19 CDC guidelines followed.  Distancing and masks required.
Unit Size
1,504 Ft²
Days on Market
-
Land Size
0.67 acres
Price per sqft
$365
Property Type
House
Property Taxes
$521
HOA Dues
-
Year Built
1953

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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 years ago (MLSPIN #72733378)

Price History

Date / Event Date Event Price
Nov 20, 2020 Sold
Premium
Sold
Sep 27, 2020 Listed by RE/MAX 360 $549,000
Listed by RE/MAX 360

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 1,504
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,185
  • Total Building Area: 2,256
  • Gross Building Area: 3,156
  • Building Area: 2,256
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,256
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000670
  • 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:050 L:010 P:
  • Lot: 10
  • Municipality: DANVERS
  • Latitude: 42.5638
  • Longitude: -70.9531

    Address

  • Full Address: 17 Loris Rd
  • Address - House Number: 17
  • Address - Street Name: Loris
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C025
  • 4-Digit Zip Code: 1802
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $764,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1701
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 766,970
  • High Value: 897,566
  • Low Value: 636,373

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $687,800
  • Assessed Land Value: $388,800
  • Assessed Improvements Value: $299,000

    Sales

  • Current Sale Contract Date: Nov 12, 2020
  • Current Sale Recording Date: Nov 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201120005720
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

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72733378

Frequently Asked Questions

When was property at 17 Loris Road built and last sold?
The property at 17 Loris Road was built in 1953 and last sold on Nov 12, 2020 for $597,000.
How much is this home worth?
The estimated value of the home located at 17 Loris Road is $0.
What are some comparable homes to 17 Loris Road?
There are currently no comparable homes to 17 Loris Road.
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