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Danvers 01923
2 Grove Street
$431,000
● House - Off Market

2 Grove Street

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,884 Ft²
$689,514
RealtyHop Estimate
60.73%
Since Apr 1, 2017
MA-Boston
Primary Model

About This Property

So much beautifully decorated space! Warm and welcoming oversized ranch with 1,884 sq ft 4 beds and 1.5 baths,  Move in ready Pottery Barn feel includes a light filled living room with Bay Window opening to dining room and kitchen. Large family room and a separate den offers lots of room to relax, enjoy the family or entertain. In addition to its generous space this home has new window, great flooring through out, wall AC units, separate laundry closet and storage almost everywhere you look.The fenced in yard includes a garage sized storage shed. All located in a family friendly neighborhood convenient to schools, town and commuting. Don't miss this opportunity to call this home your own!
Unit Size
1,884 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$228
Property Type
House
Property Taxes
$400
HOA Dues
-
Year Built
1961

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72109613)

Price History

Date / Event Date Event Price
Mar 28, 2017 Sold
Premium
Sold
Jan 18, 2017 Listed by J. Barrett & Company $429,000
Listed by J. Barrett & Company
Nov 30, 2012 Sold
Premium
Sold
Oct 10, 2012 Listed by J. Barrett & Company $309,000
Listed by J. Barrett & Company
Aug 29, 1994 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,650
  • Total Building Area: 1,884
  • Gross Building Area: 2,060
  • Building Area: 1,884
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,884
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BROOKVALE DANVERS
  • Land Acres: 0000000290
  • 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:044 L:193 P:
  • Lot: 193
  • Municipality: DANVERS
  • Latitude: 42.5691
  • Longitude: -70.9303

    Address

  • Full Address: 2 Grove St
  • Address - House Number: 2
  • Address - Street Name: Grove
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C014
  • 4-Digit Zip Code: 2412
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $686,300

    Appraisal Valuation

  • Standard Deviation: 0.1607
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 676,742
  • High Value: 795,353
  • Low Value: 558,131

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $617,700
  • Assessed Land Value: $328,500
  • Assessed Improvements Value: $289,200

    Sales

  • Current Sale Recording Date: Mar 28, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 135
  • Previous Sale Recording Date: Nov 30, 2012
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: O
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72109613

Frequently Asked Questions

When was property at 2 Grove Street built and last sold?
The property at 2 Grove Street was built in 1961 and last sold on Jan 1, 1970 for $431,000.
How much is this home worth?
The estimated value of the home located at 2 Grove Street is $442,013.
What are some comparable homes to 2 Grove Street?
There are currently no comparable homes to 2 Grove Street.
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