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Danvers 01923
18 Riverview Ave.
Photo of 18 Riverview Ave.
Sold on Nov 28, 2007

1

Map

$402,500
● House - Off Market

18 Riverview Ave.

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,905 Ft²
$816,812
RealtyHop Estimate
94.53%
Since Dec 1, 2007
MA-Boston
Primary Model

About This Property

Handsome Split --- JUST REDUCED TO $419,900 --  Features FPL LIV RM, Appl'd Granite & Tile Kitchen, w/adjoining 18X16 3-season Sun Room w/extra FULL BASEMENT under. FAM RM w/2ND FPL & Wet Bar, 22X8  heated Workshop, OS 1-C ar garage.  BRAND NEW HIGH-EFFICIENCY FURNACE IS CENTRAL AIR-CONDITIONING READY.  Roof and Hot Water Heater new in 2004. Foundation plantings and Stunning 20,000sqft level lot. Great dead-end side street w/ access to Porter River .
Unit Size
1,905 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$220
Property Type
House
Property Taxes
$340
HOA Dues
-
Year Built
1973

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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 #70650181)

Price History

Date / Event Date Event Price
Nov 28, 2007 Sold
Premium
Sold
Sep 17, 2007 Listed $419,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 18
  • 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: 1,056
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,064
  • Total Building Area: 1,942
  • Gross Building Area: 2,787
  • Building Area: 1,942
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,942
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DANVERS
  • Land Acres: 0000000461
  • 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: 211100

Zoning

  • Zoning: R2

Geography

  • Parcel: DANV M:060 L:085 P:
  • Lot: 85
  • Municipality: DANVERS
  • Latitude: 42.5565
  • Longitude: -70.9118

    Address

  • Full Address: 18 Riverview Ave
  • Address - House Number: 18
  • Address - Street Name: Riverview
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Danvers
  • Carrier Code: C010
  • 4-Digit Zip Code: 3819
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $672,900
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1701
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 741,786
  • High Value: 868,094
  • Low Value: 615,477

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $605,700
  • Assessed Land Value: $384,900
  • Assessed Improvements Value: $220,800

    Sales

  • Current Sale Recording Date: Nov 28, 2007
  • 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: 4 months ago
Data Source: MLS PIN, MLS# 70650181

Frequently Asked Questions

When was property at 18 Riverview Avenue built and last sold?
The property at 18 Riverview Avenue was built in 1973 and last sold on Jan 1, 1970 for $402,500.
How much is this home worth?
The estimated value of the home located at 18 Riverview Avenue is $440,928.
What are some comparable homes to 18 Riverview Avenue?
There are currently no comparable homes to 18 Riverview Avenue.
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