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Danvers 01923
172 Hobart St
$429,900
● House - Off Market

172 Hobart St

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,637 Ft²
$707,742
RealtyHop Estimate
64.97%
Since Dec 1, 2016
MA-Boston
Primary Model

About This Property

This is an entry only listing     Offered for sale by owner is a 1700 sq. ft. Single family home. It has been converted from a 2 family to a spacious and completely renovated. 4 full bedrooms, 2 full baths, single family with new kitchen.     The home sits on a 8000 sq. ft lot with a park and soccer fields and elementary school with playground within a 1000'. Newer gas heating system newer roof and town sewer!!! A long private driveway with parking for 5+ cars leads to a detached, two-story 18' x 30' garage/barn/loft. This could be set up as a home based business, a garage with large office/ storage on second floor or a specialized workshop....the possibilities are endless. motivated sellers
Unit Size
1,637 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$262
Property Type
House
Property Taxes
$371
HOA Dues
-
Year Built
1948

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72047164)

Price History

Date / Event Date Event Price
Nov 29, 2016 Sold
Premium
Sold
Aug 2, 2016 Listed by Michael Baker Real Estate $429,000
Listed by Michael Baker Real Estate
Jan 29, 2016 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 820
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,958
  • Total Building Area: 1,637
  • Gross Building Area: 2,802
  • Building Area: 1,637
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,637
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000183
  • 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:041 L:117 P:
  • Lot: 117
  • Municipality: DANVERS
  • Latitude: 42.5655
  • Longitude: -70.9571

    Address

  • Full Address: 172 Hobart St
  • Address - House Number: 172
  • Address - Street Name: Hobart
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C016
  • 4-Digit Zip Code: 1886
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $593,600

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 623,816
  • High Value: 722,350
  • Low Value: 525,281

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $534,300
  • Assessed Land Value: $309,900
  • Assessed Improvements Value: $224,400

    Sales

  • Current Sale Recording Date: Nov 29, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 595
  • Previous Sale Recording Date: Jan 29, 2016
  • Previous Sale Amount: $295,000
  • Previous Sale Document Type: O
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

$398

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2321 ft²

Average Home Age

90.5 years

Currently For Sale

41 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# 72047164

Frequently Asked Questions

When was property at 172 Hobart Street built and last sold?
The property at 172 Hobart Street was built in 1948 and last sold on Jan 1, 1970 for $429,900.
How much is this home worth?
The estimated value of the home located at 172 Hobart Street is $441,886.
What are some comparable homes to 172 Hobart Street?
There are currently no comparable homes to 172 Hobart Street.
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