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Danvers 01923
18 Worthington Ave.
Photo of 18 Worthington Ave.
Sold on Mar 1, 2010

1

Map

$451,000
● House - Off Market

18 Worthington Ave.

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,832 Ft²
$964,244
RealtyHop Estimate
108.49%
Since Apr 1, 2010
MA-Boston
Primary Model

About This Property

Exceptional open concept home that has been thoughfully renovated with style in one of  Danvers most desireable area. Custom kitchen w/granite and stainless appliances. Newer roof, boiler, & electrical panel. Interior & exterior has been recently painted. Newer deck off living/dining room steps down to inground pool. A true gem. House is much larger than it appears from the street. NOTE: no yard sign.
Unit Size
1,832 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$252
Property Type
House
Property Taxes
$389
HOA Dues
-
Year Built
1957

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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 #70993323)

Price History

Date / Event Date Event Price
Mar 1, 2010 Sold
Premium
Sold
Oct 22, 2009 Listed $462,500
Listed
Aug 31, 2004 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,466
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,169
  • Total Building Area: 2,836
  • Gross Building Area: 4,295
  • Building Area: 2,836
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,836
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WORTHINGTON AVE DANVERS
  • 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: R2

Geography

  • Parcel: DANV M:027 L:015 P:
  • Lot: 15
  • Municipality: DANVERS
  • Latitude: 42.581
  • Longitude: -70.9403

    Address

  • Full Address: 18 Worthington Ave
  • Address - House Number: 18
  • Address - Street Name: Worthington
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Danvers
  • Carrier Code: C021
  • 4-Digit Zip Code: 1649
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $807,300

    Appraisal Valuation

  • Standard Deviation: 0.1682
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 837,957
  • High Value: 978,919
  • Low Value: 696,994

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $726,600
  • Assessed Land Value: $390,100
  • Assessed Improvements Value: $336,500

    Sales

  • Current Sale Recording Date: Mar 01, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 31, 2004
  • Previous Sale Amount: $480,000
  • Previous 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:

$699,450

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2259 ft²

Average Home Age

86.7 years

Currently For Sale

38 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# 70993323

Frequently Asked Questions

When was property at 18 Worthington Avenue built and last sold?
The property at 18 Worthington Avenue was built in 1957 and last sold on Jan 1, 1970 for $451,000.
How much is this home worth?
The estimated value of the home located at 18 Worthington Avenue is $481,847.
What are some comparable homes to 18 Worthington Avenue?
There are currently no comparable homes to 18 Worthington Avenue.
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