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Danvers 01923
18 Centre Street
$410,000
● House - Off Market

18 Centre Street

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,381 Ft²
$637,192
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model

About This Property

This Classic Greek Revival  home combines the charm of yesteryear with modern lifestyle conveniences. Located on a corner lot with a large level back yard, surrounded by mature shrubs and landscaping. This home offers welcoming light and warmth throughout. 1st floor laundry with 1/2 bath with many built-ins along with high end appliances and great storage throughout. Replacement windows, newly painted front porch and rear deck, newer gas water heater.  Basement has a work shop area plus a "bonus" room for possible home office, play room, gym with walk out...  one car garage... near shopping, elementary school, Glen Magna Farm/Endicott Park, walking/hiking trails and major commuter routes. *Located in the Heart of the "Historic District"...
Unit Size
1,381 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$297
Property Type
House
Property Taxes
$397
HOA Dues
-
Year Built
1850

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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 #72174982)

Price History

Date / Event Date Event Price
Aug 25, 2017 Sold
Premium
Sold
Jun 1, 2017 Listed by J.Gagnon Real Estate Associates $410,000
Listed by J.Gagnon Real Estate Associates

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1850
  • Effective Year Built: 1850
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 996
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,212
  • Total Building Area: 1,381
  • Gross Building Area: 2,996
  • Building Area: 1,381
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,381
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000257
  • 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:049 L:023 P:
  • Lot: 23
  • Municipality: DANVERS
  • Latitude: 42.5619
  • Longitude: -70.9599

    Address

  • Full Address: 18 Centre St
  • Address - House Number: 18
  • Address - Street Name: Centre
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C003
  • 4-Digit Zip Code: 1439
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $635,300

    Appraisal Valuation

  • Standard Deviation: 0.2183
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 627,881
  • High Value: 765,215
  • Low Value: 490,547

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $571,800
  • Assessed Land Value: $341,100
  • Assessed Improvements Value: $230,700

    Sales

  • Current Sale Recording Date: Aug 25, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 392
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

2240 ft²

Average Home Age

84.6 years

Currently For Sale

28 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: 4 months ago
Data Source: MLS PIN, MLS# 72174982

Frequently Asked Questions

When was property at 18 Centre Street built and last sold?
The property at 18 Centre Street was built in 1850 and last sold on Jan 1, 1970 for $410,000.
How much is this home worth?
The estimated value of the home located at 18 Centre Street is $421,680.
What are some comparable homes to 18 Centre Street?
There are currently no comparable homes to 18 Centre Street.
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