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Danvers 01923
23 Bayberry Road
$530,000
● House - Off Market

23 Bayberry Road

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,792 Ft²
$770,989
RealtyHop Estimate
38.94%
Since Apr 1, 2020
MA-Boston
Primary Model

About This Property

Charming Cape Cod Home in one of Danvers most desirable neighborhoods. A brick walkway leads you to the front entrance of a tiled hallway with a view of the wainscoting up the staircase to the second floor. This home has hardwood floors throughout. Enjoy your dining room with built in china cabinet and wainscoting. Enter the kitchen with tiled floors, countertops and renewed cabinets. Off the kitchen is the screened in porch. The half bathroom with your washer and dryer gives you a first floor laundry. Enjoy the warmth, charm and comfort of a brick Fireplace in your living room and master bedroom. The second floor gives you three bedrooms and a full bathroom with tile, corian countertop and fiberglass tub. The beautiful backyard with an in-ground pool, patio and manicured landscaping makes this home a must see!
Unit Size
1,792 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$310
Property Type
House
Property Taxes
$571
HOA Dues
-
Year Built
1973

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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 #72555252)

Price History

Date / Event Date Event Price
Mar 6, 2020 Sold
Premium
Sold
Aug 22, 2019 Listed by Armstrong Field Real Estate $554,900
Listed by Armstrong Field Real Estate

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 936
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,837
  • Total Building Area: 1,638
  • Gross Building Area: 2,957
  • Building Area: 1,638
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,638
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000501
  • 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: 211402

Zoning

  • Zoning: R2

Geography

  • Parcel: DANV M:033 L:060 P:
  • Lot: 60
  • Municipality: DANVERS
  • Latitude: 42.5715
  • Longitude: -70.9564

    Address

  • Full Address: 23 Bayberry Rd
  • Address - House Number: 23
  • Address - Street Name: Bayberry
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C016
  • 4-Digit Zip Code: 1509
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $774,500

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 741,161
  • High Value: 867,495
  • Low Value: 614,828

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $697,100
  • Assessed Land Value: $399,100
  • Assessed Improvements Value: $298,000

    Sales

  • Current Sale Contract Date: Mar 04, 2020
  • Current Sale Recording Date: Mar 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200306001300
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# 72555252

Frequently Asked Questions

When was property at 23 Bayberry Road built and last sold?
The property at 23 Bayberry Road was built in 1973 and last sold on Mar 4, 2020 for $530,000.
How much is this home worth?
The estimated value of the home located at 23 Bayberry Road is $567,656.
What are some comparable homes to 23 Bayberry Road?
There are currently no comparable homes to 23 Bayberry Road.
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