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Danvers 01923
2 Chapel Rd
Photo of 2 Chapel Rd
Sold on Apr 29, 2026

15

Map

Photo of 2 Chapel Rd
Photo of 2 Chapel Rd
$680,000
● House - Off Market

2 Chapel Rd

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,260 Ft²
$3,377
Est. Monthly

About This Property

Updated four bedroom, two bath Cape recently remodeled with brand new Utica on-demand heating system,(1 month one old) , new granite and stainless kitchen (2017) Roof is less than ten years old. Full basement with ample storage and plenty of potential . Updated electrical,  two car driveway, FIRST SHOWINGS WILL BE AT OPEN HOUSE SUNDAY MARCH 1st FROM 1-3 P.M
Unit Size
1,260 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$515
Property Type
House
Property Taxes
$190
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: 5 months ago (MLSPIN #73480674)

Price History

Date / Event Date Event Price
Apr 29, 2026 Sold
Premium
Sold
Mar 4, 2026 In contract -
In contract
Feb 26, 2026 Listed by RE/MAX 360 $649,000
Listed by RE/MAX 360
Jan 19, 2017 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 2,207
  • Gross Building Area: 2,640
  • Building Area: 2,207
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,207
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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:035 L:282 P:
  • Lot: 282
  • Municipality: DANVERS
  • Latitude: 42.5722
  • Longitude: -70.9335

    Address

  • Full Address: 2 Chapel Rd
  • Address - House Number: 2
  • Address - Street Name: Chapel
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C014
  • 4-Digit Zip Code: 2408
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $626,900
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1689
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 78
  • Final Value: 660,034
  • High Value: 771,516
  • Low Value: 548,551

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $564,300
  • Assessed Land Value: $320,600
  • Assessed Improvements Value: $243,700

    Sales

  • Current Sale Recording Date: Jan 19, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 450
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

2275 ft²

Average Home Age

82.8 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73480674

Frequently Asked Questions

When was property at 2 Chapel Road built and last sold?
The property at 2 Chapel Road was built in 1951 and last sold on Jan 1, 1970 for $350,000.
How much is this home worth?
The estimated value of the home located at 2 Chapel Road is $0.
What are some comparable homes to 2 Chapel Road?
There are currently no comparable homes to 2 Chapel Road.
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