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Danvers 01923
21 Mill Street
Photo of 21 Mill Street
Sold on Jun 11, 2007

1

Map

$330,000
● House - Off Market

21 Mill Street

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,633 Ft²
$594,562
RealtyHop Estimate
86.38%
Since Jul 1, 2007
MA-Boston
Primary Model

About This Property

DRAMATIC PRICE REDUCTION; Best kept secret in Danvers. 3-4 bedrooms, 2 full baths, large addition, beautiful back yard with patio and many flowers just waiting for Spring. Near school, park, beach and commuting routes. All exterior work newer, needs interior TLC. Bring your offers.
Unit Size
1,633 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$195
Property Type
House
Property Taxes
$264
HOA Dues
-
Year Built
1925

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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 #70403213)

Price History

Date / Event Date Event Price
Jun 11, 2007 Sold
Premium
Sold
Jun 8, 2006 Listed $319,000
Listed
May 6, 2005 Sold
Premium
Sold
Mar 18, 2005 Listed $359,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 1,078
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,503
  • Total Building Area: 1,956
  • Gross Building Area: 3,335
  • Building Area: 1,956
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,956
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000195
  • 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: R1

Geography

  • Parcel: DANV M:059 L:198 P:
  • Lot: 198
  • Municipality: DANVERS
  • Latitude: 42.5544
  • Longitude: -70.9227

    Address

  • Full Address: 21 Mill St
  • Address - House Number: 21
  • Address - Street Name: Mill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C008
  • 4-Digit Zip Code: 3327
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $615,900

    Appraisal Valuation

  • Standard Deviation: 0.1607
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 636,347
  • High Value: 738,756
  • Low Value: 533,938

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $554,400
  • Assessed Land Value: $312,100
  • Assessed Improvements Value: $242,300

    Sales

  • Current Sale Recording Date: Jun 11, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 06, 2005
  • Previous Sale Amount: $359,000
  • 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

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# 70403213

Frequently Asked Questions

When was property at 21 Mill Street built and last sold?
The property at 21 Mill Street was built in 1925 and last sold on Jan 1, 1970 for $330,000.
How much is this home worth?
The estimated value of the home located at 21 Mill Street is $341,735.
What are some comparable homes to 21 Mill Street?
There are currently no comparable homes to 21 Mill Street.
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