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Danvers 01923
2 Kimball Ave
$449,900
● House - Off Market

2 Kimball Ave

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,853 Ft²
$854,050
RealtyHop Estimate
89.83%
Since Dec 1, 2013
MA-Boston
Primary Model

About This Property

Sun-drenched Contemporary situated in a fantastic spot at the end of a non-thru street.  This home is south facing w/ a Dramatic floor to ceiling Sunroom w/ beamed ceiling and 2 balconies adds the WOW you've been looking for!  Open concept first floor with dining /kitchen area. Family room w/hardwood flooring and Fireplace. Master suite features a large walk-in closet, tiled bath, hardwood floors, balcony and large vanity/dressing area. Newly finished basement has new carpeting, game room, family area or playroom. Lots of space! 2008 Boiler, mostly newer hardy plank siding, GREAT yard & DECK! Some water views.
Unit Size
2,853 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$158
Property Type
House
Property Taxes
$495
HOA Dues
-
Year Built
1988

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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 #71588397)

Price History

Date / Event Date Event Price
Nov 22, 2013 Sold
Premium
Sold
Sep 22, 2013 Listed by Century 21 North Shore $449,900
Listed by Century 21 North Shore
May 28, 2010 Sold
Premium
Sold
Mar 19, 2010 Listed by Century 21 North Shore $460,000
Listed by Century 21 North Shore

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,110
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,502
  • Total Building Area: 2,854
  • Gross Building Area: 4,372
  • Building Area: 2,854
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,854
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: C H W WOOD CO 1910
  • Land Acres: 0000000287
  • 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:016 P:
  • Lot: 16
  • Municipality: DANVERS
  • Latitude: 42.5526
  • Longitude: -70.9135

    Address

  • Full Address: 2 Kimball Ave
  • Address - House Number: 2
  • Address - Street Name: Kimball
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Danvers
  • Carrier Code: C010
  • 4-Digit Zip Code: 3912
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $804,100
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1701
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 862,319
  • High Value: 1,009,151
  • Low Value: 715,486

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $723,800
  • Assessed Land Value: $352,700
  • Assessed Improvements Value: $371,100

    Sales

  • Current Sale Recording Date: Nov 22, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: May 28, 2010
  • Previous Sale Amount: $435,000
  • 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

2228 ft²

Average Home Age

83.3 years

Currently For Sale

33 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# 71588397

Frequently Asked Questions

When was property at 2 Kimball Avenue built and last sold?
The property at 2 Kimball Avenue was built in 1988 and last sold on Jan 1, 1970 for $449,900.
How much is this home worth?
The estimated value of the home located at 2 Kimball Avenue is $493,766.
What are some comparable homes to 2 Kimball Avenue?
There are currently no comparable homes to 2 Kimball Avenue.
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