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Danvers 01923
17 Summer Street
$549,000
● House - Off Market

17 Summer Street

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,758 Ft²
$1,118,158
RealtyHop Estimate
99.71%
Since Feb 1, 2008
MA-Boston
Primary Model

About This Property

QUICK SALE....Sparkling Clean 10 year Colonial,10 RMS,4 beds,3.5 bths,2 car garage,eat in kitchen, center island w/ Jen Air stove, cathedral ceiling family room. 3 season sunroom, first floor office and living room.large dining room with hardwood.4 large bedrooms, master suite with walk-in closet and jacuzzi tub.LL au-pair/In-Law/Home office suite with Oak wains coating,Full Bath and Seperate Enterance.2 Car garage and plenty of off street parking.Under ground Sprinklers.St.John's Prep area.
Unit Size
2,758 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$203
Property Type
House
Property Taxes
$505
HOA Dues
-
Year Built
1997

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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 #70687377)

Price History

Date / Event Date Event Price
Jan 25, 2008 Sold
Premium
Sold
Dec 12, 2007 Listed by Century 21 North Shore $559,900
Listed by Century 21 North Shore
Dec 16, 1996 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 14
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,140
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,133
  • Total Building Area: 3,316
  • Gross Building Area: 5,036
  • Building Area: 3,316
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,316
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DANVERS
  • Land Acres: 0000000462
  • 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:034 L:222 P:
  • Lot: 222
  • Municipality: DANVERS
  • Latitude: 42.5745
  • Longitude: -70.9472

    Address

  • Full Address: 17 Summer St
  • Address - House Number: 17
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C001
  • 4-Digit Zip Code: 1531
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,036,800

    Appraisal Valuation

  • Standard Deviation: 0.2045
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 960,600
  • High Value: 1,157,121
  • Low Value: 764,080

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $933,200
  • Assessed Land Value: $398,400
  • Assessed Improvements Value: $534,800

    Sales

  • Current Sale Recording Date: Jan 25, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 16, 1996
  • Previous Sale Amount: $310,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70687377

Frequently Asked Questions

When was property at 17 Summer Street built and last sold?
The property at 17 Summer Street was built in 1997 and last sold on Jan 1, 1970 for $549,900.
How much is this home worth?
The estimated value of the home located at 17 Summer Street is $587,868.
What are some comparable homes to 17 Summer Street?
There are currently no comparable homes to 17 Summer Street.
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