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Danvers 01923
174 Old Burley St
$532,000
● House - Off Market

174 Old Burley St

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$509,772
RealtyHop Estimate
1.97%
Since May 1, 2022
MA-Boston
Primary Model

About This Property

Cute as a button with boundless possibilities. Set perfectly on a nearly half acre lot, this home is awaiting its new owner. This property offers three good size bedrooms and a sunny living room. There is a dining room off the spacious kitchen. With newer roof, windows, and oil tank, you can't go wrong. The electric is fully updated to 200-AMP service. This home must be seen to be truly appreciated.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$496
Property Type
House
Property Taxes
$462
HOA Dues
-
Year Built
1961

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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 #72951102)

Price History

Date / Event Date Event Price
Apr 25, 2022 Sold
Premium
Sold
Mar 9, 2022 Listed by J. Barrett & Company $499,900
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 18,247
  • Total Building Area: 1,008
  • Gross Building Area: 1,404
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000419
  • 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: R3

Geography

  • Parcel: DANV M:022 L:145 P:
  • Lot: 145
  • Municipality: DANVERS
  • Latitude: 42.585
  • Longitude: -70.9236

    Address

  • Full Address: 174 Old Burley St
  • Address - House Number: 174
  • Address - Street Name: Old Burley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C015
  • 4-Digit Zip Code: 2349
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $582,300

    Appraisal Valuation

  • Standard Deviation: 0.1807
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 587,233
  • High Value: 693,447
  • Low Value: 481,019

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $524,100
  • Assessed Land Value: $377,300
  • Assessed Improvements Value: $146,800

    Sales

  • Current Sale Contract Date: Apr 25, 2022
  • Current Sale Recording Date: Apr 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220425003780
  • Previous Sale Recording Date: Apr 23, 2014
  • 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:

$699,450

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2228 ft²

Average Home Age

83.3 years

Currently For Sale

33 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: 4 months ago
Data Source: MLS PIN, MLS# 72951102

Frequently Asked Questions

When was property at 174 Old Burley Street built and last sold?
The property at 174 Old Burley Street was built in 1961 and last sold on Apr 25, 2022 for $532,000.
How much is this home worth?
The estimated value of the home located at 174 Old Burley Street is $504,037.
What are some comparable homes to 174 Old Burley Street?
There are currently no comparable homes to 174 Old Burley Street.
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