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Danvers 01923
173 Hobart St
$430,000
● House - Off Market

173 Hobart St

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,754 Ft²
$594,929
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model

About This Property

Danvers 4 bedroom Cape style home with private yard and deck.  Large front to back living room with large picture window and wood burning fireplace. Dining room has access to three season porch and deck. Galley kitchen with breakfast bar, pantry and laundry room. First floor offers three bedrooms and full bath. The second floor master suite is spacious with it's own 3/4 bath, recess lighting and a wall of closets offering extra storage. There is also storage space in the attic that you can access and walk into. The yard is level and private with a shed for garden tools. The deck is off the porch, perfect for grilling and relaxing.   FIRST SHOWINGS SATURDAY BY APPOINTMENT ONLY 9:00-12:00pm
Unit Size
1,754 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$259
Property Type
House
Property Taxes
$419
HOA Dues
-
Year Built
1948

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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 #72691068)

Price History

Date / Event Date Event Price
Sep 28, 2020 Sold
Premium
Sold
Jul 14, 2020 Listed by Coldwell Banker Realty - Beverly $455,000
Listed by Coldwell Banker Realty - Beverly
Oct 27, 1997 Sold
Premium
Sold
Aug 15, 1997 Listed by Coldwell Banker Realty - Beverly $177,900
Listed by Coldwell Banker Realty - Beverly

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,372
  • Total Building Area: 1,754
  • Gross Building Area: 2,769
  • Building Area: 1,754
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,754
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DANVERS
  • Land Acres: 0000000192
  • 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:104 P:
  • Lot: 104
  • Municipality: DANVERS
  • Latitude: 42.5659
  • Longitude: -70.9576

    Address

  • Full Address: 173 Hobart St
  • Address - House Number: 173
  • Address - Street Name: Hobart
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C016
  • 4-Digit Zip Code: 1852
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $619,400

    Appraisal Valuation

  • Standard Deviation: 0.1807
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 620,974
  • High Value: 733,291
  • Low Value: 508,657

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $557,500
  • Assessed Land Value: $311,500
  • Assessed Improvements Value: $246,000

    Sales

  • Current Sale Contract Date: Sep 21, 2020
  • Current Sale Recording Date: Sep 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200928001640
  • Previous Sale Recording Date: Oct 27, 1997
  • Previous Sale Amount: $177,500
  • 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:

$704,950

Sale Price/ft²

$399

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2213 ft²

Average Home Age

93.8 years

Currently For Sale

38 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72691068

Frequently Asked Questions

When was property at 173 Hobart Street built and last sold?
The property at 173 Hobart Street was built in 1948 and last sold on Sep 21, 2020 for $430,000.
How much is this home worth?
The estimated value of the home located at 173 Hobart Street is $463,421.
What are some comparable homes to 173 Hobart Street?
There are currently no comparable homes to 173 Hobart Street.
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