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Danvers 01923
20 Walter Road
$296,000
● House - Off Market

20 Walter Road

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,728 Ft²
$529,534
RealtyHop Estimate
82.66%
Since Nov 1, 2014
MA-Boston
Primary Model

About This Property

Great location - 4-bedroom Cape on corner lot.  Fourth bedroom could be den/dining room.  First floor consists of large eat-in-kitchen, living room w/fireplace and hardwood floors, full bath, 2 bedrooms w/hardwood floors.  Second floor consists of two bedrooms w/window seats, lots of built-ins and storage areas.  Current owners grew up in this house and state that there has never been water in the basement which is partially finished - could be made into a great family room/man cave.  Half of the basement is being used as a workshop.  The hot water heater is 2008, roof is about 10 years old, age of furnace is unknown, mostly all original windows.  With updating, this could become a lovely family home again!
Unit Size
1,728 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$168
Property Type
House
Property Taxes
$349
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 #71748111)

Price History

Date / Event Date Event Price
Oct 24, 2014 Sold
Premium
Sold
Sep 24, 2014 Listed by Century 21 North Shore $289,900
Listed by Century 21 North Shore

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 7
  • Basement Area: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,200
  • Total Building Area: 1,728
  • Gross Building Area: 2,730
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000211
  • 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: 211402

Zoning

  • Zoning: R1

Geography

  • Parcel: DANV M:062 L:081 P:
  • Lot: 81
  • Municipality: DANVERS
  • Latitude: 42.5505
  • Longitude: -70.9512

    Address

  • Full Address: 20 Walter Rd
  • Address - House Number: 20
  • Address - Street Name: Walter
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C020
  • 4-Digit Zip Code: 3554
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $631,800

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 657,458
  • High Value: 772,689
  • Low Value: 542,226

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $568,700
  • Assessed Land Value: $338,600
  • Assessed Improvements Value: $230,100

    Sales

  • Current Sale Recording Date: Oct 24, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 102400307
  • Previous Sale Recording Date: Nov 04, 2008
  • 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71748111

Frequently Asked Questions

When was property at 20 Walter Road built and last sold?
The property at 20 Walter Road was built in 1955 and last sold on Jan 1, 1970 for $296,000.
How much is this home worth?
The estimated value of the home located at 20 Walter Road is $310,993.
What are some comparable homes to 20 Walter Road?
There are currently no comparable homes to 20 Walter Road.
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