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Danvers 01923
2 North Street
$443,000
● House - Off Market

2 North Street

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,475 Ft²
$793,169
RealtyHop Estimate
81.30%
Since Aug 1, 2014
MA-Boston
Primary Model

About This Property

***OPEN HOUSE CANCELLED*** Warm and inviting tri-level home in the desirable Prep area sited on a large lot with fenced in back yard.  This home features gleaming hardwood floors, cherry kitchen, built ins and a Jacuzzi tub.  Boasting a perfect blend of living space and bedroom space, this home also offers generous storage space with its attached two car garage and two outdoor sheds.  Come see all 2 North Street has to offer. Come home to Danvers.
Unit Size
2,475 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$177
Property Type
House
Property Taxes
$454
HOA Dues
-
Year Built
1955

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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 #71685040)

Price History

Date / Event Date Event Price
Jul 24, 2014 Sold
Premium
Sold
May 21, 2014 Listed by Keller Williams Realty Evolution $437,500
Listed by Keller Williams Realty Evolution
Aug 29, 2005 Sold
Premium
Sold
Jun 16, 2005 Listed by Keller Williams Realty Evolution $529,000
Listed by Keller Williams Realty Evolution
Jul 10, 2002 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 41
  • 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: 9
  • Basement Area: 650
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,199
  • Total Building Area: 2,475
  • Gross Building Area: 3,296
  • Building Area: 2,475
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,475
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TERRACE BAYSIDE CONDO
  • Land Acres: 0000000418
  • 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: R3

Geography

  • Parcel: DANV M:015 L:032 P:
  • Lot: 32
  • Municipality: DANVERS
  • Latitude: 42.5895
  • Longitude: -70.94

    Address

  • Full Address: 2 North St
  • Address - House Number: 2
  • Address - Street Name: North
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C019
  • 4-Digit Zip Code: 1182
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $772,300

    Appraisal Valuation

  • Standard Deviation: 0.1697
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 772,930
  • High Value: 904,254
  • Low Value: 641,607

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $695,100
  • Assessed Land Value: $370,400
  • Assessed Improvements Value: $324,700

    Sales

  • Current Sale Recording Date: Jul 24, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 72400140
  • Previous Sale Recording Date: Aug 29, 2005
  • Previous Sale Amount: $515,000
  • 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:

$699,000

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2240 ft²

Average Home Age

84.6 years

Currently For Sale

28 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# 71685040

Frequently Asked Questions

When was property at 2 North Street built and last sold?
The property at 2 North Street was built in 1955 and last sold on Jan 1, 1970 for $443,000.
How much is this home worth?
The estimated value of the home located at 2 North Street is $475,396.
What are some comparable homes to 2 North Street?
There are currently no comparable homes to 2 North Street.
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