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Danvers 01923
23 Hampshire St.
$401,700
● House - Off Market

23 Hampshire St.

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,232 Ft²
$571,773
RealtyHop Estimate
42.94%
Since Jun 1, 2019
MA-Boston
Primary Model

About This Property

Open House  Sun. 4/14 1-2:30. This charming Cape is set back off the street. This well maintained home is warm and welcoming. A wonderful property for 1st time homebuyers or individuals looking to downsize. It offers an updated eat-in kitchen, living and dining rooms and  2-3 bedrooms. There are many recent updates.  It has a level, usable, fenced back yard, newly installed vinyl siding for easy maintenance and pretty landscaping.   All appliances as well as a storage shed will be left with the sale of the property as gifts. Close to center of town, malls, shops and restaurants & convenient to Rte 128, 95 & Rte 1. A true gem.
Unit Size
1,232 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$325
Property Type
House
Property Taxes
$400
HOA Dues
-
Year Built
1950

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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: 5 months ago (MLSPIN #72481590)

Price History

Date / Event Date Event Price
May 24, 2019 Sold
Premium
Sold
Apr 12, 2019 Listed by Keller Williams Realty $400,000
Listed by Keller Williams Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 704
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,622
  • Total Building Area: 1,232
  • Gross Building Area: 2,132
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000106
  • 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: 211201

Zoning

  • Zoning: R1

Geography

  • Parcel: DANV M:051 L:188 P:
  • Lot: 188
  • Municipality: DANVERS
  • Latitude: 42.56
  • Longitude: -70.9359

    Address

  • Full Address: 23 Hampshire St
  • Address - House Number: 23
  • Address - Street Name: Hampshire
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C005
  • 4-Digit Zip Code: 3019
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $561,200

    Appraisal Valuation

  • Standard Deviation: 0.1679
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 592,410
  • High Value: 691,998
  • Low Value: 492,822

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $505,100
  • Assessed Land Value: $313,400
  • Assessed Improvements Value: $191,700

    Sales

  • Current Sale Contract Date: May 21, 2019
  • Current Sale Recording Date: May 24, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190524001400
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:

$715,000

Sale Price/ft²

$397

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2068 ft²

Average Home Age

92.6 years

Currently For Sale

36 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: 5 months ago
Data Source: MLS PIN, MLS# 72481590

Frequently Asked Questions

When was property at 23 Hampshire Street built and last sold?
The property at 23 Hampshire Street was built in 1950 and last sold on May 21, 2019 for $401,700.
How much is this home worth?
The estimated value of the home located at 23 Hampshire Street is $412,693.
What are some comparable homes to 23 Hampshire Street?
There are currently no comparable homes to 23 Hampshire Street.
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