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Danvers 01923
23 Lawrence Street
$157,000
● House - Off Market

23 Lawrence Street

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,000 Ft²
$665,784
RealtyHop Estimate
309.71%
Since Aug 1, 1997
MA-Boston
Primary Model

About This Property

READY TO SHOW AGAIN JUNE 19, 1997.  FULL-BASEMENT RANCH IN TERRIFIC WALK-TO-TOWN LOCATION.  DEEP FREEZER TO REMAIN IN BASEMENT.  24 HR. NOTICE TO SHOW.  CALL ROBERTA 774-2770 VM EXT 28 OR AT HOME 774-8828
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$163
Property Type
House
Property Taxes
$173
HOA Dues
-
Year Built
1956

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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 #30167994)

Price History

Date / Event Date Event Price
Jul 31, 1997 Sold
Premium
Sold
Jun 2, 1997 Listed $162,500
Listed

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 903
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,406
  • Total Building Area: 1,550
  • Gross Building Area: 1,821
  • Building Area: 1,550
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,550
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000124
  • 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:195 P:
  • Lot: 195
  • Municipality: DANVERS
  • Latitude: 42.5604
  • Longitude: -70.9359

    Address

  • Full Address: 23 Lawrence St
  • Address - House Number: 23
  • Address - Street Name: Lawrence
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C005
  • 4-Digit Zip Code: 3038
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $577,400

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 618,303
  • High Value: 726,849
  • Low Value: 509,758

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $519,700
  • Assessed Land Value: $316,700
  • Assessed Improvements Value: $203,000

    Sales

  • Current Sale Recording Date: Jul 31, 1997
  • Current Sale Price:
    Premium
  • Current 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30167994

Frequently Asked Questions

When was property at 23 Lawrence Street built and last sold?
The property at 23 Lawrence Street was built in 1956 and last sold on Jan 1, 1970 for $157,000.
How much is this home worth?
The estimated value of the home located at 23 Lawrence Street is $0.
What are some comparable homes to 23 Lawrence Street?
There are currently no comparable homes to 23 Lawrence Street.
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