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Danvers 01923
22 N. Belgian Road
$346,000
● House - Off Market

22 N. Belgian Road

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,452 Ft²
$607,736
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

Well maintained classic ranch style home, very nicely situated on a beautiful large lot!  This home features 3 bedrooms and 1 1/2 baths with large family room.  Updated full bathroom, new carpet in the family room and professional painting through out makes this home ready for a new buyer to move in!  Vinyl siding and roof were updated approx. 8 years ago.  This home is in one of the most desirable locations in Danvers!
Unit Size
1,452 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$240
Property Type
House
Property Taxes
$347
HOA Dues
-
Year Built
1961

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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 #71814569)

Price History

Date / Event Date Event Price
Jun 5, 2015 Sold
Premium
Sold
Apr 7, 2015 Listed by Herrick Lutts Realty Partners $349,000
Listed by Herrick Lutts Realty Partners

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,101
  • Total Building Area: 1,452
  • Gross Building Area: 1,452
  • Building Area: 1,452
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,452
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000278
  • 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:036 L:198 P:
  • Lot: 198
  • Municipality: DANVERS
  • Latitude: 42.5715
  • Longitude: -70.9302

    Address

  • Full Address: 22 N Belgian Rd
  • Address - House Number: 22
  • Street Direction: N
  • Address - Street Name: Belgian
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C014
  • 4-Digit Zip Code: 2420
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $607,200

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 632,405
  • High Value: 740,201
  • Low Value: 524,610

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $546,500
  • Assessed Land Value: $351,000
  • Assessed Improvements Value: $195,500

    Sales

  • Current Sale Recording Date: Jun 05, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 611
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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 71814569

Frequently Asked Questions

When was property at 22 North Belgian Road built and last sold?
The property at 22 North Belgian Road was built in 1961 and last sold on Jan 1, 1970 for $346,000.
How much is this home worth?
The estimated value of the home located at 22 North Belgian Road is $0.
What are some comparable homes to 22 North Belgian Road?
There are currently no comparable homes to 22 North Belgian Road.
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