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Danvers 01923
18 Cottage Ave
Photo of 18 Cottage Ave
Sold on Jan 30, 2006

1

Map

$329,000
● House - Off Market

18 Cottage Ave

Danvers, MA 01923
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,033 Ft²
$617,308
RealtyHop Estimate
81.61%
Since Feb 1, 2006
MA-Boston
Primary Model

About This Property

Wonderful Cape style home conveniently located within walking distance to Danvers Square.  Generously sized rooms.  Built-ins in the dining and living rooms.  Newly refinished hardwood floors in the living room, dining room and bedrooms.  Walk-up attic has great expansion possibility.  Newer roof, oil tank and electric service.  Low maintenance exterior, attached one car garage and enclosed porch complete the package.
Unit Size
1,033 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$329
Property Type
House
Property Taxes
$235
HOA Dues
-
Year Built
1951

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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 #70296759)

Price History

Date / Event Date Event Price
Jan 31, 2006 Sold
Premium
Sold
Nov 19, 2005 Listed $339,900
Listed

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,033
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,690
  • Total Building Area: 1,033
  • Gross Building Area: 3,359
  • Building Area: 1,033
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,033
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000085
  • 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: 211202

Zoning

  • Zoning: R1

Geography

  • Parcel: DANV M:043 L:211 P:
  • Lot: 211
  • Municipality: DANVERS
  • Latitude: 42.5675
  • Longitude: -70.935

    Address

  • Full Address: 18 Cottage Ave
  • Address - House Number: 18
  • Address - Street Name: Cottage
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Danvers
  • Carrier Code: C036
  • 4-Digit Zip Code: 2948
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $557,200

    Appraisal Valuation

  • Standard Deviation: 0.1607
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 591,476
  • High Value: 686,664
  • Low Value: 496,288

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $501,500
  • Assessed Land Value: $309,500
  • Assessed Improvements Value: $192,000

    Sales

  • Current Sale Recording Date: Jan 31, 2006
  • 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:

$699,900

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2254 ft²

Average Home Age

88.6 years

Currently For Sale

37 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# 70296759

Frequently Asked Questions

When was property at 18 Cottage Avenue built and last sold?
The property at 18 Cottage Avenue was built in 1951 and last sold on Jan 1, 1970 for $329,000.
How much is this home worth?
The estimated value of the home located at 18 Cottage Avenue is $355,272.
What are some comparable homes to 18 Cottage Avenue?
There are currently no comparable homes to 18 Cottage Avenue.
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