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Danvers 01923
17 Walnut Street
$455,000
● House - Off Market

17 Walnut Street

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,968 Ft²
$701,893
RealtyHop Estimate
56.01%
Since Jan 1, 2018
MA-Boston
Primary Model

About This Property

Lovely well maintained 1900 sq ft, 3 bedroom colonial in convenient location, near highways, shopping, school. Spacious rooms with lots of closet storage.Master bedroom and 3rd bedroom have two closets each.Truly  move in condition.Shining hardwood floors grace the first floor and you will find newer carpeting in 2nd floor bedrooms. Owner finds the 2nd floor laundry room a plus. Bright eat-in kitchen/dining room combination with wainscoting offers corian counters and ample cabinets.  Bonus finished bedroom or playroom in basement with two closets.  Two tiered deck overlooks conservation. Retractable awning provides shade to top deck. A MUST SEE! OPEN HOUSES FOR THIS SATURDAY AND SUNDAY HAVE BEEN CANCELLED.
Unit Size
1,968 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$229
Property Type
House
Property Taxes
$445
HOA Dues
-
Year Built
1960

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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 #72236396)

Price History

Date / Event Date Event Price
Dec 15, 2017 Sold
Premium
Sold
Sep 29, 2017 Listed by Century 21 North Shore $449,900
Listed by Century 21 North Shore

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • 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: 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: 704
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,968
  • Gross Building Area: 2,884
  • Building Area: 1,968
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,968
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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:049 L:017 P:
  • Lot: 17
  • Municipality: DANVERS
  • Latitude: 42.5619
  • Longitude: -70.9618

    Address

  • Full Address: 17 Walnut St
  • Address - House Number: 17
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C003
  • 4-Digit Zip Code: 1434
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $726,500

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 722,031
  • High Value: 845,103
  • Low Value: 598,958

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $653,900
  • Assessed Land Value: $342,000
  • Assessed Improvements Value: $311,900

    Sales

  • Current Sale Recording Date: Dec 15, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 171215001380
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# 72236396

Frequently Asked Questions

When was property at 17 Walnut Street built and last sold?
The property at 17 Walnut Street was built in 1960 and last sold on Jan 1, 1970 for $455,000.
How much is this home worth?
The estimated value of the home located at 17 Walnut Street is $472,821.
What are some comparable homes to 17 Walnut Street?
There are currently no comparable homes to 17 Walnut Street.
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