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Danvers 01923
20 Wenham St.
$560,000
● House - Off Market

20 Wenham St.

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,345 Ft²
$573,513
RealtyHop Estimate
-0.26%
Since Aug 1, 2023
MA-Boston
Primary Model

About This Property

This charming rustic farmhouse has all the feels... cozy, warm and inviting, ready for you to just settle in.  The bright sunny kitchen with it's vaulted ceilings and wood beams has ample cabinet and counter space along with newer stainless steel appliances.  Continuing through the home is the dining room overlooking the side yard through gorgeous oversized windows, the formal living room, a 4th room that can be used as a bedroom, home office or playroom and the full bath w/laundry. On the second level you will find 3 bedrooms and a half bath. The screened in front porch of the home provides shade and plenty of opportunity for relaxing and entertaining. Large fenced in yard and 2 car garage complete the package. Home needs TLC.
Unit Size
1,345 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$428
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1926

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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 #73096472)

Price History

Date / Event Date Event Price
Jul 26, 2023 Sold
Premium
Sold
Jun 21, 2023 In contract -
In contract
Apr 10, 2023 Listed by Coldwell Banker Realty - Marblehead $575,000
Listed by Coldwell Banker Realty - Marblehead
Oct 30, 2017 Sold
Premium
Sold
Sep 20, 2017 Listed by Coldwell Banker Realty - Marblehead $399,900
Listed by Coldwell Banker Realty - Marblehead
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 1
  • 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: 375
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,078
  • Total Building Area: 1,345
  • Gross Building Area: 2,172
  • Building Area: 1,345
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,345
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DANVERS
  • Land Acres: 0000000208
  • 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:021 L:053 P:
  • Lot: 53
  • Municipality: DANVERS
  • Latitude: 42.5877
  • Longitude: -70.9358

    Address

  • Full Address: 20 Wenham St
  • Address - House Number: 20
  • Address - Street Name: Wenham
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C006
  • 4-Digit Zip Code: 1704
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $589,100
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1741
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 77
  • Final Value: 591,598
  • High Value: 694,620
  • Low Value: 488,575

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $530,200
  • Assessed Land Value: $314,300
  • Assessed Improvements Value: $215,900

    Sales

  • Current Sale Contract Date: Jul 26, 2023
  • Current Sale Recording Date: Jul 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230726002860
  • Previous Sale Recording Date: Oct 30, 2017
  • Previous Sale Amount: $399,000
  • 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:

$699,450

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73096472

Frequently Asked Questions

When was property at 20 Wenham Street built and last sold?
The property at 20 Wenham Street was built in 1926 and last sold on Jul 26, 2023 for $560,000.
How much is this home worth?
The estimated value of the home located at 20 Wenham Street is $565,867.
What are some comparable homes to 20 Wenham Street?
There are currently no comparable homes to 20 Wenham Street.
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