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Danvers 01923
19 Broad St
$399,000
● House - Off Market

19 Broad St

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,440 Ft²
$577,990
RealtyHop Estimate
56.64%
Since Jul 1, 2017
MA-Boston
Primary Model

About This Property

Opportunity knocks with this spacious Danvers ranch. This home features an open floor plan, three ample sized bedrooms, and a two-car garage. Located on a quiet corner lot consisting of nearly a quarter acre of land, the flat back yard is ideal for play or social gatherings. Newer gas boiler (2004) and hot water heater.  The large full basement is wonderful potential for family room, or "man cave." With some generational updating, the potential abounds with the charming Danversport home. Easy access to highways, shopping, and restaurants. Estate Sale. Property sold as is.
Unit Size
1,440 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$256
Property Type
House
Property Taxes
$406
HOA Dues
-
Year Built
1947

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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 #72157585)

Price History

Date / Event Date Event Price
Jun 21, 2017 Sold
Premium
Sold
May 3, 2017 Listed by J. Barrett & Company $369,000
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,440
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,498
  • Total Building Area: 2,592
  • Gross Building Area: 3,510
  • Building Area: 2,592
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,592
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000241
  • 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: R1

Geography

  • Parcel: DANV M:064 L:095 P:
  • Lot: 95
  • Municipality: DANVERS
  • Latitude: 42.549
  • Longitude: -70.9246

    Address

  • Full Address: 19 Broad St
  • Address - House Number: 19
  • Address - Street Name: Broad
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C008
  • 4-Digit Zip Code: 3709
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $653,200

    Appraisal Valuation

  • Standard Deviation: 0.1607
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 670,180
  • High Value: 778,034
  • Low Value: 562,326

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $587,900
  • Assessed Land Value: $342,200
  • Assessed Improvements Value: $245,700

    Sales

  • Current Sale Recording Date: Jun 21, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 247
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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72157585

Frequently Asked Questions

When was property at 19 Broad Street built and last sold?
The property at 19 Broad Street was built in 1947 and last sold on Jan 1, 1970 for $399,000.
How much is this home worth?
The estimated value of the home located at 19 Broad Street is $385,913.
What are some comparable homes to 19 Broad Street?
There are currently no comparable homes to 19 Broad Street.
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