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Danvers 01923
179 Pine Street
Photo of 179 Pine Street
Sold on May 20, 2010

1

Map

$287,500
● House - Off Market

179 Pine Street

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,072 Ft²
$598,392
RealtyHop Estimate
102.84%
Since Jun 1, 2010
MA-Boston
Primary Model

About This Property

Neat as a pin, cute as a button are just two ways to describe this well kept 6 rm ranch. Corner lot & close to shopping. Freshly painted interior. Newer roof, vinyl siding, stove & refrig.Beautiful hardwood flrs &  fireplaced living rm. Summers can be spent relaxing on the patio or swimming in the inground pool.  Good storage in the home, including a cedar closet in the basement. Perfect for the buyer trying to take advantage of the Home Buyer's $8000  Incentive. Appliances,W/D left as gifts
Unit Size
1,072 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$275
Property Type
House
Property Taxes
$276
HOA Dues
-
Year Built
1955

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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: 2 years ago (MLSPIN #71042158)

Price History

Date / Event Date Event Price
May 20, 2010 Sold
Premium
Sold
Mar 4, 2010 Listed $295,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • 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: 7
  • Basement Area: 909
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,036
  • Total Building Area: 1,345
  • Gross Building Area: 2,342
  • Building Area: 1,345
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,345
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PEABODY HOMES INC
  • 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: R1

Geography

  • Parcel: DANV M:057 L:092 P:
  • Lot: 92
  • Municipality: DANVERS
  • Latitude: 42.5558
  • Longitude: -70.9468

    Address

  • Full Address: 179 Pine St
  • Address - House Number: 179
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C025
  • 4-Digit Zip Code: 3542
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $566,300

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 603,669
  • High Value: 709,645
  • Low Value: 497,692

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $509,700
  • Assessed Land Value: $318,100
  • Assessed Improvements Value: $191,600

    Sales

  • Current Sale Recording Date: May 20, 2010
  • Current Sale Price:
    Premium
  • Current 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:

$699,000

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

Rentals Near You

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Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 71042158

Frequently Asked Questions

When was property at 179 Pine Street built and last sold?
The property at 179 Pine Street was built in 1955 and last sold on Jan 1, 1970 for $287,500.
How much is this home worth?
The estimated value of the home located at 179 Pine Street is $304,411.
What are some comparable homes to 179 Pine Street?
There are currently no comparable homes to 179 Pine Street.
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