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Danvers 01923
22 Chestnut Street
Photo of 22 Chestnut Street
Sold on Apr 1, 2005

1

Map

$342,500
● House - Off Market

22 Chestnut Street

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,401 Ft²
$605,240
RealtyHop Estimate
76.71%
Since May 1, 2005
MA-Boston
Primary Model

About This Property

Subject to seller finding suitable housing. All appliances to remain as gifts. Charming coln. w/lg fenced yd.Close to schools. Walk to Plains Park or town. Wonderful opportunity for 1st time home buyers. New roof and new bath.  Most rooms recently painted.Pantry area off spacious kitchen. Brick patio and perrenial gardens grace the back yard.
Unit Size
1,401 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$244
Property Type
House
Property Taxes
$274
HOA Dues
-
Year Built
1850

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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 #70130230)

Price History

Date / Event Date Event Price
Apr 1, 2005 Sold
Premium
Sold
Jan 3, 2005 Listed $342,500
Listed
Jun 1, 2001 Sold
Premium
Sold
Apr 4, 2001 Listed $249,000
Listed

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1850
  • Effective Year Built: 1850
  • 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: 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: 824
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,562
  • Total Building Area: 1,348
  • Gross Building Area: 2,527
  • Building Area: 1,348
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,348
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DANVERS
  • Land Acres: 0000000334
  • 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: R2

Geography

  • Parcel: DANV M:035 L:169 P:
  • Lot: 169
  • Municipality: DANVERS
  • Latitude: 42.5715
  • Longitude: -70.9339

    Address

  • Full Address: 22 Chestnut St
  • Address - House Number: 22
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C014
  • 4-Digit Zip Code: 2236
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $603,600

    Appraisal Valuation

  • Standard Deviation: 0.2193
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 69
  • Final Value: 594,417
  • High Value: 724,830
  • Low Value: 464,005

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $543,300
  • Assessed Land Value: $355,200
  • Assessed Improvements Value: $188,100

    Sales

  • Current Sale Recording Date: Apr 01, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 01, 2001
  • Previous Sale Amount: $240,000
  • 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

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# 70130230

Frequently Asked Questions

When was property at 22 Chestnut Street built and last sold?
The property at 22 Chestnut Street was built in 1850 and last sold on Jan 1, 1970 for $342,500.
How much is this home worth?
The estimated value of the home located at 22 Chestnut Street is $353,142.
What are some comparable homes to 22 Chestnut Street?
There are currently no comparable homes to 22 Chestnut Street.
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