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Danvers 01923
175 Old Burley St
$329,900
● House - Off Market

175 Old Burley St

Danvers, MA 01923
bedrooms
2 Beds
bathrooms
2 Baths
square feet
924 Ft²
$598,094
RealtyHop Estimate
81.30%
Since Aug 1, 2014
MA-Boston
Primary Model

About This Property

Location Location!!!! Wonderful Ranch style home nestled in the Woodvale area, perfect starter home or downsizing to one floor living, large living room with fireplace, newer windows, spacious kitchen overlooking , large  private yard, with an oversized screened in deck, Finished basement with family room, full bath and lots of additional space . attached two car garage, Many newer updates, windows, roof, hot water tank, electrical, walking distance to school, easy access to major highways. A perfect place to call home.
Unit Size
924 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$357
Property Type
House
Property Taxes
$370
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: 5 months ago (MLSPIN #71679653)

Price History

Date / Event Date Event Price
Oct 26, 2021 Sold
Premium
Sold
Sep 8, 2021 Listed by Tache Real Estate, Inc. $585,000
Listed by Tache Real Estate, Inc.
Jul 23, 2014 Sold
Premium
Sold
May 12, 2014 Listed by Tache Real Estate, Inc. $329,900
Listed by Tache Real Estate, Inc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 9
  • Basement Area: 912
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,186
  • Total Building Area: 1,745
  • Gross Building Area: 3,620
  • Building Area: 1,745
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,745
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000417
  • 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:154 P:
  • Lot: 154
  • Municipality: DANVERS
  • Latitude: 42.5854
  • Longitude: -70.9232

    Address

  • Full Address: 175 Old Burley St
  • Address - House Number: 175
  • Address - Street Name: Old Burley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C015
  • 4-Digit Zip Code: 2368
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $634,400

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 681,861
  • High Value: 798,086
  • Low Value: 565,635

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $571,000
  • Assessed Land Value: $377,000
  • Assessed Improvements Value: $194,000

    Sales

  • Current Sale Contract Date: Oct 25, 2021
  • Current Sale Recording Date: Oct 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211026003540
  • Previous Sale Recording Date: Jul 23, 2014
  • Previous Sale Amount: $329,900
  • 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

$400

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2255 ft²

Average Home Age

87.3 years

Currently For Sale

39 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# 71679653

Frequently Asked Questions

When was property at 175 Old Burley Street built and last sold?
The property at 175 Old Burley Street was built in 1961 and last sold on Oct 25, 2021 for $600,000.
How much is this home worth?
The estimated value of the home located at 175 Old Burley Street is $601,048.
What are some comparable homes to 175 Old Burley Street?
There are currently no comparable homes to 175 Old Burley Street.
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