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$300,000
● House - Off Market

21 Cheever

Danvers, MA
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,544 Ft²
$616,560
RealtyHop Estimate
92.74%
Since Mar 1, 2014
National-US
Primary Model

About This Property

Great Starter home on a corner lot with the convenience of access to highways, shopping and boating. This home features large rooms with hardwood floors, baywindow, eat in kitchen, walk up attic, mudroom, large deck with fenced in yard...
Unit Size
1,544 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$207
Property Type
House
Property Taxes
$334
HOA Dues
-
Year Built
-

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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 years ago (MLSPIN #71620700)

Price History

Date / Event Date Event Price
Feb 27, 2014 Sold
Premium
Sold
Jan 8, 2014 Listed by Keller Williams Realty Evolution $319,900
Listed by Keller Williams Realty Evolution

Property Highlights

Parking Available
Interior Details
Level: First
Level: Second
Level: Second
Level: Second
Level: First
Level: Second
Level: First
Level: Second
Level: First
Features: No
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Dryer
Flooring Type: Wood, Carpet, Laminate
Laundry Features: In Basement
Rooms: 7
Basement: Full, Walk-Out Access, Interior Entry, Concrete
Parking Details
Parking Features: Paved Drive, Off Street, Tandem
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Single Family Residence
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch, Deck - Wood
Lead Paint: Unknown
Lot Features: Corner Lot
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Zoning: R1
Parcel Number: 1881198
Water Source: Public
Financial Details
Tax Map Number: 59
Tax Assessed Value: $275,800
Tax Annual Amount: $4,010
Utilities Details
Utilities: for Gas Range, for Gas Dryer
Cooling Type: None
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, House of Worship, Public School

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 71620700
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