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Danvers 01923
225 Conant St
$430,000
● House - Off Market

225 Conant St

Danvers, MA 01923
bedrooms
2 Beds
bathrooms
1 Bath
square feet
954 Ft²
$492,361
RealtyHop Estimate
27.89%
Since Dec 1, 2020
MA-Boston
Primary Model

About This Property

Opportunity to own a this affordable Ranch in Danvers with 2 bedroom, fireplace, carport,  and a basement that could be refinished for extra space. Enjoy the good size flat yard with storage shed. This home is waiting for you to put your finishing touches on.  Easy access 128 and downtown Danvers.  This is an estate sale and is as is as seen.NEED APPOINTMENT FOR OPEN HOUSE -(COVID GUIDELINES - PLEASE WEAR MASK)
Unit Size
954 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$404
Property Type
House
Property Taxes
$339
HOA Dues
-
Year Built
1954

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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 #72735535)

Price History

Date / Event Date Event Price
Nov 20, 2020 Sold
Premium
Sold
Oct 1, 2020 Listed by Sara Fishbane Real Estate $385,000
Listed by Sara Fishbane Real Estate

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 7
  • Basement Area: 936
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,289
  • Total Building Area: 954
  • Gross Building Area: 2,154
  • Building Area: 954
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 954
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000190
  • 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:037 L:019 P:
  • Lot: 19
  • Municipality: DANVERS
  • Latitude: 42.5718
  • Longitude: -70.9103

    Address

  • Full Address: 225 Conant St
  • Address - House Number: 225
  • Address - Street Name: Conant
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C023
  • 4-Digit Zip Code: 2550
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $548,200

    Appraisal Valuation

  • Standard Deviation: 0.1679
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 560,461
  • High Value: 654,678
  • Low Value: 466,244

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $493,400
  • Assessed Land Value: $311,200
  • Assessed Improvements Value: $182,200

    Sales

  • Current Sale Contract Date: Nov 17, 2020
  • Current Sale Recording Date: Nov 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201120006250
  • Previous Sale Recording Date: Apr 23, 2018
  • 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

Rentals Near You

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72735535

Frequently Asked Questions

When was property at 225 Conant Street built and last sold?
The property at 225 Conant Street was built in 1954 and last sold on Nov 17, 2020 for $430,000.
How much is this home worth?
The estimated value of the home located at 225 Conant Street is $401,059.
What are some comparable homes to 225 Conant Street?
There are currently no comparable homes to 225 Conant Street.
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