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Danvers 01923
22 Merrill Street
$320,000
● House - Off Market

22 Merrill Street

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,428 Ft²
$675,405
RealtyHop Estimate
105.29%
Since May 1, 2010
MA-Boston
Primary Model

About This Property

Still time for the $timulus money! Great full dormered cape on quiet dead end street. Many new systems. Deck off kitchen.  New windows & siding @ 8 yrs..Deck new, hot water tank replaced. Large lower level could be finished off very easily.  Plenty of space . Front bay window is shaded by awning. Electric invisible fence suited to keep pets in yard.  Seasonal river views. Close proximity to highway and shopping. Could be 4 bedrooms. New refrigerator and gas dryer are negotiable.
Unit Size
1,428 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$230
Property Type
House
Property Taxes
$287
HOA Dues
-
Year Built
1964

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71002625)

Price History

Date / Event Date Event Price
May 6, 2016 Sold
Premium
Sold
Apr 16, 2010 Sold
Premium
Sold
Nov 16, 2009 Listed by Century 21 North Shore $329,000
Listed by Century 21 North Shore
Aug 29, 1997 Sold
Premium
Sold
Jun 4, 1997 Listed by Busta Realty $165,000
Listed by Busta Realty
TERRIFIC NEW ENGLAND CAPE LOCATED ON A DEAD END STREET WITH A NICE LEVEL LOT.HARDWOOD FLOORS,EXTERIOR PAINTED MAY 1997,ROOF AND HW TANK 1994,GOOD CONDITION. CALL FRED BRENNAN 508-762-6910

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,438
  • Total Building Area: 1,428
  • Gross Building Area: 2,616
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000148
  • 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:036 P:
  • Lot: 36
  • Municipality: DANVERS
  • Latitude: 42.5557
  • Longitude: -70.928

    Address

  • Full Address: 22 Merrill St
  • Address - House Number: 22
  • Address - Street Name: Merrill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C018
  • 4-Digit Zip Code: 3117
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $658,300

    Appraisal Valuation

  • Standard Deviation: 0.1807
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 633,422
  • High Value: 747,990
  • Low Value: 518,853

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $592,500
  • Assessed Land Value: $303,800
  • Assessed Improvements Value: $288,700

    Sales

  • Current Sale Recording Date: May 06, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 634
  • Previous Sale Recording Date: Apr 16, 2010
  • Previous Sale Amount: $320,000
  • 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71002625

Frequently Asked Questions

When was property at 22 Merrill Street built and last sold?
The property at 22 Merrill Street was built in 1964 and last sold on Jan 1, 1970 for $325,000.
How much is this home worth?
The estimated value of the home located at 22 Merrill Street is $342,325.
What are some comparable homes to 22 Merrill Street?
There are currently no comparable homes to 22 Merrill Street.
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